The City Council approves a budget each year to fully serve its 14,000 residents and nationally recognized school system. The City's fiscal year begins July 1 and ends June 30; for example, FY2020 begins on July 1, 2019 and ends June 30, 2020.
The City Manager typically presents the proposed budget in mid-March. After a number of public hearings, town hall meetings, and work sessions, the City Council typically adopts the budget in late April. A calendar of meeting dates, public hearings, and town halls is available here.
Capital Improvements Program
The five-year Capital Improvements Program (CIP) identifies capital needs of the community and indicates how these needs will be funded over the five-year period. In general, only projects that cost more than $150,000 and have a useful life in excess of 10 years qualify for funding in the CIP. The CIP is updated annually and is subject to change with each update.