The Finance Department leads the preparation of the City's annual budget. The budget year coincides with the calendar year, running January through December. The budget process follows a timetable established by state law. The proposed city budget for governmental funds and property tax levy for the upcoming year is usually presented to the City Council at a workshop in September.  Governmental funds include all budgeted funds or operations, excluding the city’s water, sewer, and storm water enterprise funds. The enterprise funds are typically reviewed in November and included with the final budget.

A public informational meeting to review the proposed budget and levy is held in early December. The meeting provides an opportunity for the public to comment on the budget and levy. The final property tax levy and budget is adopted at a city council meeting in December.  The graphs below depict the city’s revenues by category for 2026 and the expenditures by function for the 2026 operating budget that was adopted on December 16, 2025.