Current Budget and Budget Process
The primary function of the Office of Management and Budget is the preparation of key financial planning and budget documents for the City of Raleigh. This division also conducts research and analysis to improve operational efficiency and effectiveness through the use of performance measures and analysis of organizational structures and processes.
The Office of Management and Budget prepares budget notes to provide Council detailed information on specific topics.
Adopted FY2015 Budget
The Raleigh City Council adopted the FY2014-2015 operating and capital budget documents on June 9, 2014. The net of interfund transfers, the combined capital and operating budgets for the fiscal year beginning July 1, 2014 totals $754,208,491.
The adopted budget outlines city expenditure recommendations for the fiscal year beginning July 1, 2014 and ending June 30, 2015. The city's capital improvement program analyzes major facility and equipment needs, establishes priorities, estimates fiscal resources, and schedules the development of funded projects spanning FY 2015-FY 2019.
Open Data Visualizations
Budget Expenditures By Division
FY2015 Pre-Budget Work Sessions
Two work sessions have been held to update City Council on this year's budget preparations. The Public Utilities Department provided an update on their operations, strategic plan, and financial viability during a work session held on March 20. Updates on the Stormwater Management Program, Solid Waste Services, Transportation, the City's financial position, and budget drivers were presented during a work session held on April 2.
The proposed 2014-2015 budget will be presented on May 20. After receiving public comments at a public hearing scheduled for June 3, the City Council will hold work sessions throughout June in order to adopt the new budget by July 1.
A Guide to the City of Raleigh Budget
This guide is provided to help citizens learn about the City of Raleigh’s budget.Learn more about A Guide to the City of Raleigh Budget
Budget Process Dates
October - Budget Kickoff: City Manager and Budget Office provide directions to departments regarding budget preparation and submission.
December - Departments submit budget requests to the Budget Office.
January & February - Pre-Budget public hearing. Budget Office reviews submitted budgets and recommends modifications.
March - City Manager reviews budget requests and Budget Office modifications with department directors.
March to May - Budget and Finance staff work with the City Manager to finalize revenue projections and balance the Proposed Budget.
May - City Manager presents the Proposed Operating Budget and Proposed Capital Improvement Program to City Council.
June - Public hearing on the Proposed Operating and Capital Budgets. City Council undertakes Budget Work Sessions.
July 1 - Deadline by which City Council must adopt the Annual Operating Budget and Capital Improvement Program
The City Council traditionally holds a public hearing on the Proposed Budget after its first regular meeting in June. Council meetings, public hearings and work sessions are held in the Council Chambers of the Avery Municipal Complex, 222 West Hargett Street, Raleigh, NC 27601.
When requested, city staff will present a summary of the Proposed Budget to Citizen Advisory Councils and other civic groups. The presentation gives an overview of new programs, as well as changes in revenues and expenditures.
Although no public comment is taken during Council work sessions, these are open to the public. Budget notes and background research requested by Council are available on the morning of each scheduled session.
Council meetings and work sessions are held at the following location:
Council Chambers of the Avery Municipal Complex
222 West Hargett Street
Raleigh, NC 27601
Audio enhancements have been installed in the Council Chamber. Assistive listening devices are available upon request. Interpreters for Deaf and Hearing Impaired are available. If needed, please provide a 24-hour notice by calling 919-996-3100 (voice) or 919-996-3107 (TDD).
Budget Amendments and Transfers
Throughout the fiscal year, adjustments to the original budget ordinance may become necessary to meet changing circumstances, better carry out planned programs and provide for new Council initiatives. Two type of changes can occur - budget amendments and budget transfers. Such changes are required at the line-item level of the budget underlying the budget ordinance.
A budget amendment increases or decreases the revenue and expenditures of an appropriated fund (this may involve decreases or increases in revenue and expenditures or shifting of monies between funds). Budget amendments, in accordance with North Carolina Statute 159-15, require the approval of City Council. Amendment requests are submitted to the OMB and approved by the City Manager prior to submittal to City Council.