Budget and Financial Report

OpenGov budget transparency tool

Explore the City's budget with OpenGov, the City's online budget transparency. Also, check out the Checkbook function that will allow you to see the City's expenditures by vendor and department in real time and "Stories" for updates on important projects and the strategic plan progress.


FY25 Budget Calendar

  • February 6, 2024 – The City Manager shares an FY25 Budget Update and Preparation with the Finance Committee (Agenda) (Recording)
  • February 21, 2024 – The City Manager reviews selected budgets with the Public Health and Safety Committee (Agenda) (Recording)
  • February 29, 2024 – The City Manager reviews selected budgets with the Planning and Economic Development Committee (Agenda) (Recording)
  • March 5, 2024 –  The City Manager reviews selected budgets with the Finance Committee (Agenda) (Recording)
  • March 12, 2024 – Winchester Public Schools Budget Presentation to Council and City Manager reviews FY 2025 Budget Options for Council feedback
  • March 19, 2024 – Five-Year Capital Improvement Plan presented to Planning Commission
  • March 23, 2024 – Not to Exceed Tax Rate Ad Published
  • March 26, 2024 – City Manager presents FY 2025 Proposed Budget Updates to City Council for Council feedback
  • April 2, 2024 – City Manager reviews FY 2025 Budget Options with Finance Committee
  • April 9, 2024 – City Manager presents FY 2025 Budget Options and Real Estate Tax Rate Ordinance to City Council
  • April 23, 2024 – City Manager presents FY 2025 Proposed Budget; City Council Public Hearing, Second Reading and Adoption of Real Estate Tax Rate Ordinance
  • May 14, 2024 – City Council First Reading of the FY 2025 Budget Ordinance
  • May 28, 2024 – Public Hearing, Second Reading, and City Council Vote on FY 2025 Budget Ordinance

FY23 Annual Comprehensive Financial Report with sunset photo of City Hall

Annual Comprehensive Financial Report

The City has received the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada for its report for 30 consecutive years (2021). 

Current Financial Report (audit): 2023

Previous Reports:

2021 2022
2020 2015
2019 2014
2018 2013
2017 2012
2016 2011

FY23 Budget In Brief cover with fall photo of City Hall

Budget in Brief

An easy-to-read resident's guide to the City's Fiscal Year 2024 annual budget.


FY23 Budget Cover

Budget Document

View the FY2024 budget document online or download the PDF.

Previous budget documents:

FY2023  
FY2022 FY2016
FY2021 FY2015
FY2020 FY2014
FY2019 FY2013
FY2018 FY2012
FY2017 FY2011

Budget Calendar

Click here to review the City's annual budget adoption process.


AAA bond rating

Bond Rating

In 2013, the City achieved the highest bond rating possible (AAA) by Standard & Poor's Rating Service. A bond rating represents an unbiased assessment of the credit worthiness of an entity's debt obligation in the public financial market.  The higher the rating, the stronger the borrowing power and the lower the interest rates will be for capital projects funding. 

The City's AAA rating was reaffirmed in 2014, 2017, 2019, 2020 and 2021.