Each year, the City follows the below fiscal year budget review and development process. NEW FOR FY2020: Two additional Budget Work Sessions have been added in March (1st and 3rd Tuesdays).
Fiscal Year = July 1-June 30
Month | City Council | City Administration |
---|---|---|
October | Budget kickoff meeting Distribution of instructions and forms |
|
November | Budget development by City departments | |
December | Complete budget development by City departments | |
January | Department budget requests reviewed by Finance | |
February | City Manager reviews budget requests with department directors | |
March | 1st Tuesday: Special Budget Work Session 2nd Tuesday: Schools budget presentation 3rd Tuesday: Special Budget Work Session 4th Tuesday: Budget options & tax rate ordinance presentation |
City Manager and Finance develop draft budget Real estate "not to exceed" tax rate ad published |
April | 2nd Tuesday: Budget options & first reading of real estate tax rate ordinance 4th Tuesday: Second reading, public hearing and adoption of real estate tax rate ordinance City Manager's proposed budget presentation |
City Manager continues to review and make revisions to budget Planning Director submits five-year CIP to Planning Commission for recommendations |
May | 2nd Tuesday: First reading of the budget ordinance 4th Tuesday: Second reading, public hearing and adoption of budget |
City Manager finalizes budget recommendations Budget ad published |
June | Fiscal year adopted budget available on City website |
For questions on the City's budget calendar, please contact the Finance Department at (540) 667-1815 or finance@winchesterva.gov.