Annual Budgets

The budget provides a complete financial plan of all city funds and activities for the ensuing fiscal year. The fiscal year begins on the first day of October and ends on the last day of September.

The city manager submits the budget to council on or before the first council meeting of August. The budget is submitted with an accompanying message from the manager, explaining it both in fiscal terms and in terms of work programs.

The council’s action on the budget includes two public hearings. These hearings allow council the opportunity to change the budget by adding or decreasing any programs or amounts, except prohibited by law. Council members then vote to adopt the budget.

Budget Documents

Millage Rate History
FY 2014: Proposed Budget, Adopted Budget
FY 2013: Proposed Budget, Adopted Budget
FY 2012: Proposed Budget, Adopted Budget
FY 2011: Proposed Budget, Adopted Budget
FY 2010: Proposed Budget, Adopted Budget
FY 2009: Proposed Budget, Adopted Budget
FY 2008: Proposed Budget, Adopted Budget

Budget FAQs

What is a budget?
What is a fiscal year (FY)?
What is budget appropriation?
How is the budget developed prior to adoption?
How do I learn more about the budget before it’s adopted?
How does the city officially adopt the budget?
How is an adopted budget changed?
Where does the city’s revenue come from?
What are funds and why does the city have them?
What is fund balance?
What is Ad Valorem tax?
What is millage?
What is a rollback rate?
What are the responsibilities of the Property Appraiser’s office?
When and how often are properties assessed?
What is assessed value?
What is market (just) value?
What if I disagree with the Property Appraiser’s market value?
Why did my market value decrease and my assessed value increase?
What is a TRIM notice?