Budget & Capital Projects

Current Budget & CIP

FY2019 Budget & CIP: Approved on April 23, 2018


  • At the April 23 meeting, the City Council approved the FY2019 Budget and CIP. Starting July 1, the real estate tax rate will increase to $1.355 per $100 of assessed value; the average homeowner will see an increase of about $431. All other tax rates remain the same, including personal property tax, local sales and use tax, and consumer’s utility taxes. This approved budget fully funds the public schools’ request and FY2019 capital needs.
  • Approved FY2019 Tax Rates (July 1, 2018 - June 30, 2019)
  • Coming Soon: Final Approved Budget Document
  • City Council Budget Guidance
  • Proposed Budget
  • Council Budget Questions & Answers (Final)

FY2019 Budget Meetings and Events


Listed most recent first. See the Budget Calendar for a full list of meetings and events.

City Council Meeting (April 23, 2018) City Council Work Session (April 16, 2018) City Council Meeting (April 9, 2018) Town Hall Meeting (April 8, 2018)
City Council Work Session (April 2, 2018) City Council Meeting (March 26, 2018) City Council Work Session (March 19, 2018) Town Hall Meeting (March 18, 2018)
  • City Manager and School Superintendent Presented and Answered Questions about the FY19 Proposed Budget and CIP
  • Video
  • PowerPoint Presentation
City Council Meeting (March 12, 2018) Planning Commission (February 12, 2018) Planning Commission (February 5, 2018)

Budget Process


The City Council approves a budget each year to fully serve its 13,000 residents and nationally recognized school system. The City's fiscal year begins July 1 and ends June 30; for example, FY2018 begins on July 1, 2017 and ends June 30, 2018.

The City Manager typically presents the proposed budget in mid-March. After a number of public hearings, town hall meetings, and work sessions, the City Council typically adopts the budget in late April. A calendar of meeting dates, public hearings, and town halls is available here.

Capital Improvements Program


The five-year Capital Improvements Program (CIP) identifies capital needs of the community and indicates how these needs will be funded over the five-year period. In general, only projects that cost more than $150,000 and have a useful life in excess of 10 years qualify for funding in the CIP. The CIP is updated annually and is subject to change with each update.