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Updated Budget Calendar Located on City Website

Post Date:04/17/2020 10:59 AM

The City is currently developing the budget for fiscal year 2021 and reducing expenditures for the current year. Upcoming budget work sessions will be held for the City Council to review and provide input on the proposed budget, before they are asked to approve it in June. During the work sessions, Council can make changes to the proposed budget, before their final vote. The work sessions will be viewable on the city’s YouTube page. The full budget calendar and list of upcoming meetings is located on the city’s website: https://www.cityofkingman.gov/government/departments-a-h/finance/budget

·  April 29, 2020

o Preliminary Budget and Capital Improvements Plan delivered to Council

·  May 6, 2020

o Budget and CIP Work Session I: Council, City Manager, Finance, and Individual Departments (Proposed Time:  9:00 a.m. to 1:00 p.m.)

·  May 7, 2020

o Budget and CIP Work Session II: Council, City Manager, Finance, and Individual Departments (Proposed Time:  9:00 a.m. to 1:00 p.m.)

·  June 2, 2020

o Tentative Budget Adoption done by City Council Vote

·  June 16, 2020

o Final Budget Adoption done by City Council Vote

The purpose of the City of Kingman's budget is to identify and allocate resources necessary to meet the city's goals and objectives set by the City Council. It serves as a policy document setting the goals and objectives to provide programs and services to the community and setting fiscal principles upon which the budget is prepared. It serves as a fiscal plan identifying the resources and appropriations for the programs and services provided to the community. It serves as the operation plan describing the city departments and their services provided, objectives to meet and performance measure comparisons. It also serves as an outreach tool providing the public with a hands-on tool to see how the city's resources are being used.

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