Budget

Important FY 2021 Budget Dates 

• December 16 – budget public hearing 
• January 13 – budget public hearing 
• January 27 – Mayor and Council survey results and priority discussion 
• February 24 – presentation of the FY 2021 Proposed Budget 
• March 2 – budget public hearing and budget work session 
• March 23 – budget public hearing and budget work session 
• April 17 – close of budget public record 
• April 20 – budget work session 
• May 4 – adoption of the FY 2021 Operating Budget and Capital Improvements Program

FY 2020 Adopted Budget

The Mayor and Council adopted the Fiscal Year (FY) 2020 operating budget and Capital Improvements Program on May 6, 2019. The FY 2020 operating budget of $138.9 million is an increase of 2% over the FY 2019 operating budget. The general fund budget, which supports the largest portion of the operating budget, is $84.2 million, a 2.2% increase. The city’s current tax rates of $0.292 per $100 of assessed valuation for real property and $0.805 per $100 of assessed valuation for personal property will remain the same for FY20. All residential and commercial property owners pay the real property tax.

The adopted budget includes increases to average residential bills for water and sewer. These rate increases are necessary to repair and replace aging water and sewer pipes and other infrastructure vital to providing these services, and for required payments to the Washington Suburban Sanitary Commission related to a regional wastewater treatment plant. For the city’s water and sewer customers, water rates for a residential property with a 3/4-inch meter and 16,000 gallons of usage will increase approximately 5.4%. Sewer rates for the same property will increase 6.9%. Recycling and trash service will remain at $445 per household per year. The stormwater management rate will remain at $132 per year.

Fiscal Year 2020 Adopted Budget (PDF) Fiscal Years 2015-2020 Budget Detail (Excel)

Past Budgets