Current Budget

Fiscal Year 2024 Budget at a Glance
The Fiscal Year 2024 budget represents the City's operating plan for the fiscal year beginning July 1, 2023 and ending June 30, 2024.

The FY2024 budget was presented at the City Council meeting on April 25, 2023.
View FY2024 budget presentation video

Overview
Property Taxes
The FY24 budget maintains the property tax levy rate to $14.3123 per $1,000 of taxable valuation.

  • Prior to FY21, the City's property tax had remained the same for the ten consecutive years.
  • Property tax is the single largest source of revenue for the City's General Fund.

General Fund 
The General Fund budget is $30,871,102.

  • Expected revenues and proposed expenditures are equal.
  • FY24 General Fund revenues are expected to increase to 4.6% compared to the FY23 budget.

Rate Changes
The Fiscal Year 2024 budget includes:

  • An increase in water rates for both residential and commercial accounts to finance future water system improvements and capacity. This is the second of several anticipated increases.
  • An increase in solid waste rates to fund increased operating costs and compensate for lower values of recyclable materials. This is the second of several anticipated increases.
Calculator