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The original item was published from 10/9/2019 10:17:00 AM to 10/14/2019 2:01:09 PM.

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Posted on: September 26, 2019

[ARCHIVED] 2020 Budget Sessions

budget

2020 DRAFT Annual Budget (available after October 17, 2019)

Each year a city must forecast the expenditures and revenues it will incur in the upcoming year. The resulting formalized document is known as the Municipal Budget. Every city is required by law to balance its budget each year. The budget is constantly monitored throughout the year to determine whether the city is spending more or less than its revenues. The city then makes adjustments to its spending in order to ensure that at the end of the year the budget is in balance.

The Mayor, the City Council, and City staff work together to develop an Annual Budget. While the Budget is being created, all parties must make decisions on how to utilize the limited revenues that the City receives in order to produce the greatest benefits for the citizens.

The City of Burlington’s Fiscal Year begins on January 1. Each year, the City Administrator and Finance Director compile the operating budget for review by the Common Council and residents before final adoption the end of November.

Budget Workshops - 165 W. Washington Street

  • October 9 at 6:30 p.m.
  • October 16 at 6:30 p.m.
  • October 22 at 6:30 p.m. 
  • October 30 at 6:30 p.m.

Public Hearing - 224 E. Jefferson St.

  • November 5 at 6:30 p.m.

Budget Adoption - 224 E. Jefferson St.

  • November 19 at 6:30 p.m.

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