It is the responsibility of the Mayor and his budget officer to provide a budget to the City Council on or before the first regularly scheduled Council meeting in May. The City Council then makes any changes and adjustments. The tentative budget is then given to the public for comments, and adjustments may be made as a result of public input before final passage. We have scheduled June 20th for passage of the final budget. A public hearing on the budget is scheduled for June 13th at 7:10p.m.

The purpose of the budget is to provide the City Council with a management tool which identifies, proposes and implements the policies and goals of the City. The budget is a financial plan carried out by line item activity budgets, with the City Manager and department heads being responsible for implementing and meeting the goals of the Mayor and Council by using the resources provided to them in a manner that efficiently and effectively meets those goals. 

The budget process allows for a time when the public has an opportunity to voice its opinion on how the resources of the City should be used. Hereafter is the proposed budget for the fiscal year 2017/2018, the estimated totals for the current fiscal year as compared with budget (2016/2017), and the actual revenues and expenditures for the 201312014, 2014/2015 and 2015/2016 fiscal years. The estimated total column will be the final budget adjustment for the 2016/2017 fiscal year and the budget will be opened to adopt those numbers as the final budget. The following budget narrative addresses key issues with regards to the proposed 2017/2018 budget, and for the estimated totals ofthe current year's budget. The narrative also gives a history of many of the decisions that have been made in prior years which continue to affect the annual budgeting decisions that must be made. An example of this is bond obligation payments that must be budgeted for.

The Budget can be Download Here

Richfield City Corp

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