The fundamental purpose of the City’s budget is to link what the City Council wants to accomplish for the community with the resources necessary to do so. The City’s budget serves as the City’s financial plan, but it also is in a very real sense a policy document, a communication tool, and an operations guide. The budget communicates who we are and what we do, and is directed to a wide audience, including citizens, the business community, as well as the management and staff of the City. Each year, the City Council holds a strategic planning workshop that forms the basis for the resource allocation decisions that are reflected in the budget process.
In order to promote a longer view of resource allocation and in the interest of operational efficiency, the City adopts a two-year budget and a seven year Capital Improvement Program (CIP). The most recent two-year budget was adopted on June 11, 2018, for Fiscal Year 2018-19 and 2019-20. Click here to view that budget. The City budgets and reports on a fiscal year basis, with the fiscal year starting on July 1st of each year and ending on June 30th.
The Finance Department coordinates the budget process of the City. Draft budgets are submitted by each City Department for every City program and activity and reviewed by the Executive Management Team. All budget information is compiled in a single budget document, adopted by the City Council, and serves as the financial plan for the City throughout the year. Additional appropriations are approved by City Council during the two-year budget cycle, as warranted. Under certain circumstances, unexpended operating and capital appropriations from each fiscal year may be carried over into the following year as authorized in the City’s budget resolution.
The budget document is organized to convey financial information by fund, operating department, and capital projects. This format allows the reader to review the City’s budget at different levels of detail ranging from an overview of the fund as a whole, to a specific department or capital project.