Budget Calendar

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