2025 Budget Development Calendar
Council Budget Work Sessions July 1, 2024 & July 15, 2024
Publication of proposed budget and notice of public hearing & Revenue Neutral Rate hearing July 24, 2024 Budget & RNR Public Hearing and Adoption September 3, 2024
Spring Retreat March 23, 2024
CMIP Work Session #1 May 20, 2024
Department Presentations Work Session June 17, 2024
PW Dept & Base Budget Projections
County Clerk provides estimated assessed valuation June 15, 2024
Approved Budget Delivered to County Clerk September 17, 2024
Work Session June 3, 2024
Fund Organization
•Funded primarily by property tax. •General Fund •Debt, Bond & Interest Fund •Funded by business-specific revenues •Water Operations •Sewer Operations •Sanitation •Stormwater
Governmental Activity Funds
Enterprise Funds
•Funded by sales tax and other revenue sources •Capital Projects
•Fire Equipment Reserve •Police Equipment Reserve •Sewer Capital Reserve •Water Capital Reserve
Capital Project & Equipment Funds
•Funded by specific and often restricted-use revenues •Transient Guest Tax •Library Operations •Special Parks •Special Alcohol & Drug Programs •Special Highway •Infrastructure Sales Tax •Used to report assets held by the City in a custodial capacity •Court Bonds •Payroll clearing fund
Special Revenue Funds
Agency Funds
Page 11 of 44
Made with FlippingBook flipbook maker