The City’s annual budget is the financial plan for City operations for the coming year; a planning tool used by the City Council to guide policy decisions and by City Staff to carry out community and Council initiatives. The preparation of the City budget is mandated by state statute.
The Property Tax Levy necessary to fund City operations each year is determined during the annual budget process. The Property Tax Levy includes funds for general operations, debt service and other special levies for specific purposes.
A typical budget preparation calendar includes the following target dates:
Spring/Summer – Budget Goal setting workshop(s) with City Council, and review and balance budget during workshops with City Council
September – Council adopts preliminary property tax levy and budget
November – Proposed property tax notices for the upcoming year are mailed to taxpayers.
December – City Council adopts final levy and budget