Current Budget and Budget Process
The primary function of the Budget and Management Services Department 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.
Budget and Management Services prepares budget notes to provide Council detailed information on specific topics.
FY 2020 Proposed Budget
City Manager Ruffin Hall presented the proposed Fiscal Year 2019-2020 Budget and proposed Fiscal Year 2019-2020 Capital Improvement Program to the Raleigh City Council during the May 21 City Council meeting.
The proposed budget outlines City expenditure recommendations for the fiscal year beginning July 1, 2019 and ending June 30, 2020. The City's capital improvement program includes major facility and equipment needs, establishes capital priorities, estimates fiscal resources, and schedules the development of funded projects spanning Fiscal Year 2020 through Fiscal Year 2024.
Budget Process Dates
October - Budget Kickoff: City Manager and Budget and Management Services provide directions to departments regarding budget preparation and submission.
December - Departments submit budget requests to Budget and Management Services.
January & February - Pre-Budget public hearing. Budget and Management Services reviews submitted budgets and recommends modifications.
March - City Manager reviews budget requests and Budget and Management Services 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.
The public hearing for the FY2020 Proposed Budget will be on June 4, 2019 at 7 p.m.
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.
Work sessions will be held by council one the following dates at 4 p.m. until the budget is adopted in Council Chambers at 222 W. Hargett Street, Raleigh, NC 27601:
- Feb. 25, 2019
- March 18, 2019
- April 8, 2019
- June 3, 2019
- June 10, 2019
- June 17, 2019 ( if needed)
- June 24, 2019 (if needed)
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).
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.
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 Budget and Management Services and approved by the City Manager prior to submittal to City Council.