FY24 Adopted Budget

November 21 – November 29, 2022 City Manager’s office reviews budget requests to determine budget issues and discussion items; a comprehensive summary of significant budget issues is prepared. The Finance Department combines budget requests and long-range financial plans and prepares financial summaries. November 30, 2022 City Manager and Finance Department finalize departmental fiscal year 2024 budget requests, fiscal year 2023 revised budgets, Five-Year CIP, division goals and performance measures, and long-range financial plans. December 21, 2022 The proposed City budget document including the Three-Year Financial Plan, the Five-Year CIP, and division goals and performance measures is distributed to City Council. January 7 – February 21, 2023 City Manager and City Council discuss budget process overview, budget environment, proposed budget, CIP, significant budget issues, and to incorporate Council policy preferences. February 7, 2023 City Council approves notices of public hearing on the proposed maximum property tax dollars to be assessed for specified levies for fiscal year 2024. February 9, 2023 Publication of notice of public hearing on the proposed maximum property tax dollars to be assessed for specified levies for fiscal year 2024. February 21, 2023 City Council holds public hearing and adopts resolution setting the maximum property tax dollars to be assessed for specified levies for the fiscal year 2024 budget. March 21, 2023 City Council approves notices of public hearing on the proposed fiscal year 2024 budget and the fiscal year 2023 revised budget. March 23, 2023 Publication of notice of public hearing on the proposed fiscal year 2024 budget and revised fiscal year 2023 budget. City budget made available for public inspection at City Hall and library. April 4, 2023 Following public hearings, the fiscal year 2024 budget, the Three-Year Financial Plan, the Five Year CIP, and the fiscal year 2023 revised budget are adopted by City Council. April 4, 2023 City Council sets the hearings for service fee and rate changes for fiscal year 2024, if necessary. April 6, 2023 Adopted fiscal year 2024 budget and fiscal year 2024 revised budget are certified with Johnson County Auditor.

July 1, 2023 New fiscal year begins.

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