Fiscal Year (FY) 2018-19 Recommended Budget
The City Manager presented the recommended budget for FY 2018-19 to City Council on May 15. The recommended FY 2018-19 budget is available here. City Council is expected to adopt the budget on June 19.
About the Budget and Evaluation Department
Specific department responsibilities include:
Preparing the City's annual budget document
Preparing the Capital Improvements Program (CIP)
Facilitating the Community Partners Funding process
Facilitating the Participatory Budgeting process.
Serving as consultants for organizational productivity efforts and management studies.
Compiling and maintaining the list of User Fees.
Fiscal Year (FY) 2017-18 Budget
The FY 2017-18 budget runs from July 1 through June 30, 2018 and totals $534.6 million. The FY 2017-18 approved budget maintains the current City property tax rate of 63.25 cents per $100 property valuation, the same as the tax rate for FY 2016-17. The tax rate included in the approved budget is 2.11 cents above the revenue neutral rate of 61.14 cents.
This budget supports City Council’s and the community’s top service priorities while responding to the many operating and capital needs of the organization. As per council direction on April 18, the budget fully funds the 2008, 2009 and 2016 bond referenda passed by Greensboro voters. The budget also includes several council-directed employee compensation items that ensure salaries remain market-competitive, including the next scheduled minimum wage increases and pay structure adjustments for all employees.
Learn more about the FY 2017-18 budget by reviewing the Budget in Brief.
Cost and Performance Data
To evaluate and improve the efficiency and effectiveness of City services, the Budget and Evaluation Department facilitates the City's participation in the UNC School of Government Benchmark Project, an annual performance measurement project that compares service costs and accomplishments to other NC municipalities. City departments that participate in the project include Engineering and Inspections, Field Operations, Financial and Administrative Services, Fire, Guilford Metro 9-1-1, Human Resources, Police, and Water Resources.
For more information about the Budget and Evaluation Department or the budget process, please send a request for information.