The Budget Process
The City of Greensboro’s fiscal year begins July 1 and ends June 30. State statute requires municipalities adopt a balanced budget by July 1 of each year.

The budget is developed in accordance with Management, Accountability, Performance (MAP) workplans, objectives and goals. Strategic priorities are established by City Council and the City Manager's Office and serve as a guide in determining recommended funding.

In February, City departments submit their budget requests to the Budget and Evaluation Department. The requests are reviewed, along with any proposed service enhancement requests, until early spring when the City Manager's Office instructs the Budget and Evaluation Department to prepare a recommended budget.

Budget and Evaluation presents a preliminary recommended budget to the City Manager’s Office in early April. The City Manager’s Office reviews the budget and makes revisions, then presents a recommended budget to City Council in May. Deliberations take place during public work sessions held in late May and early June.

City Council must hold a public hearing on the budget before it can be adopted. Budget adoption usually takes place in early to mid-June, with the new fiscal year set to begin July 1.