Budget

The budget outlines the City's plan for achieving the goals, objectives, and service delivery levels desired by the Mayor and City Council. More specifically, the budget is a financial plan consisting of an estimate of proposed expenditures, the proposed means of financing, and the goals and objectives of the expenditures for a given time period, usually one year (July 1 - June 30).

In addition to traditional budget development, other responsibilities of the budget function include coordination of the City's performance measurement efforts, management analysis, cost of service delivery analysis, research on innovative local government budget and management practices, and coordination of external agency funding.

The Government Finance Officers Association awarded the City's FY 2019-20 budget the Distinguished Budget Presentation Award.  This national award is the highest award in government budgeting, recognizing those cities that have prepared exemplary budgets that serve as a policy document, financial plan, operations guide, and a communications device.  Only a small percentage of North Carolina municipalities received this award.  Receipt of the award for the FY 2019-20 budget marks the eighteenth consecutive year the City has been awarded this recognition.

We hope you find this website informative and easy to use. If you need further budget information, do not hesitate to contact the Budget office.

 Fiscal Year 2020-21 Budget Information

 

City Council adopted the Annual Operating Budget & Performance Plan on June 11, 2020. The adopted property tax rate for the upcoming year will remain at 48¢. For FY 21's Adopted Budget Book, please refer to the links below:

         FY 2020-21 Budget In Brief (PDF)

         FY 2020-21 Adopted Operating Budget and Performance Plan (PDF)

         FY 2020-21 Fees and Charges Schedule

         FY 2020-21 E-reader Accessible Manager's Message & Budget Ordinance (PDF)

 

Click the link below to visit our OpenBook:

 

 

Strategic Plan Information

         2020-2023 Strategic Plan (PDF) 

         2020-2021 Plan Highlights (PDF)