FY26 Proposed Budget

November 25 – November 27, 2024 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. December 6, 2024 City Manager and Finance Department finalize departmental fiscal year 2026 budget requests, fiscal year 2025 revised budgets, Five-Year CIP, division goals and performance measures, and long-range financial plans. January 8, 2025 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 1 3 – March 4, 2025 City Manager and City Council discuss budget process overview, budget environment, proposed budget, CIP, significant budget issues, and to incorporate Council policy preferences. March 1 1 , 2025 City Council approves notices of public hearing on the proposed maximum property tax dollars to be assessed for specified levies for fiscal year 2026. March 21, 2025 Publication of notice of public hearing on the proposed maximum property tax dollars to be assessed for specified levies for fiscal year 2026. April 1, 2025 City Council holds a special formal meeting for a public hearing regarding the maximum property tax dollars to be assessed for specified levies for the fiscal year 2026 budget.

City Council approves notices of public hearing on the proposed fiscal year 2026 budget and the fiscal year 2025 revised budget.

City Council sets the hearings for service fee and rate changes for fiscal year 2026, if necessary.

April 4, 2025 Publication of notice of public hearing on the proposed fiscal year 2026 budget and revised fiscal year 2025 budget. April 15, 2025 Following public hearings, the fiscal year 2026 budget, the Three-Year Financial Plan, the Five Year CIP, and the fiscal year 2025 revised budget are adopted by City Council. April 30, 2025 Adopted fiscal year 2025 budget and fiscal year 2024 revised budget are certified with Johnson County Auditor.

July 1, 2025 New fiscal year begins.

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