Budgets and financial reports

The City’s budget is a financial plan that outlines the money the City accrues and spends within a year. There are two primary budgets: operating and capital.

Operating budget

The operating budget covers the day-to-day expenses required to deliver services to residents. These costs exist yearly and include staff wages, office supplies, and everything else required to provide programs, activities, and services.

Capital budget

The capital budget is used for long-term investments like infrastructure and facilities that are paid off over time. Road repairs, machinery, and facilities maintenance are all covered in the capital budget.