The Tel Aviv City Council has approved a seven-billion-shekel budget for 2020.
The regular budget amounts to NIS 5.49 billion (an increase of 280 million compared to the 2019 budget) plus a development budget of 1.54 billion (compared to a budget of about 1.02 billion in 2019), derived from an updated five-year plan that includes the construction of public buildings, culture, education and sports.