- Fiscal 2017 Budget
Fiscal 2017 Budget
The City Council adopted the budget for
Fiscal Year 2017 (FY17), which begins July 1, 2016. In developing the annual budget, city staff rely upon a variety of planning documents, including the Comprehensive Plan, the five-year Capital Improvement Plan, and the 2014-2017 Strategic Plan. The budget is guided by the principles of maintaining high service levels, responsiveness to the needs of residents and businesses, preserving long-term financial stability through sound fiscal management and economic development, and providing for well-planned capital investment in the community to preserve infrastructure and facilities.
The city’s General Fund relies heavily on Intergovernmental Revenues including sales tax (42 percent of revenues) and utility licenses (38 percent of revenues). FY17 General Fund revenues are projected to increase .98% percent from FY16. Operating expenditures are projected to increase 6.61 percent from FY16 to $15,933,238.
Capital Improvement Fund
Pursuant to the City Charter, the Finance Committee reviewed the proposed budget prior to City Council approval. City Council held a public meeting during the City Council meeting on Monday, June 13 at 7:30 p.m.
- City Administrators Budget Transmittal Letter
- Organization Chart
- Financial Projections FY17 Capital Improvement
- Financial Projections FY17 General Fund
- Financial Projections FY17 Municipal Enterprise Fund
- Financial Projections FY17 Retirement Fund
- General Fund FY16 - FY17 Summary
- General Fund Revenues
- General Fund Expenditures
- Where the Money Comes From
- Where the Money Goes
- Linking Short and Long Term Goals
- Capital Improvement Fund FY16 - FY17 Summary
- Municipal Enterprise Fund FY16 - FY17 Summary
- Employee Retirement Fund FY16 - FY17 Summary