A budget is a plan that outlines an organization's financial and operational goals for a given period of time, typically a year.  It provides a forecast of revenues and expenditures regarding City operations and also keeps an itemized allotment of funds for the City.  This budget should reflect community needs and progress as well as recognizing the challenges in the national economy.

For many of you out there, financial planning and budgets can be very confusing especially with regards to terminology.  Please take a look at our "Basics of Budgeting" slideshow and also our "Glossary of Terms" for a better understanding of the City's budgeting process.

The Basics of Budgeting

Glossary of Financial Terms