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The original item was published from 3/5/2014 4:18:09 PM to 3/5/2014 4:18:53 PM.

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Posted on: March 5, 2014

[ARCHIVED] Participate in the 2014-2015 Budget Process

March 12 Public Comments on Budget

March 26 Council Budget Work Session

April 9 Approval of Proposed Budget and Tax Rates

May 6 Public Hearing on Proposed Budget and Tax Rates

June 11 Adoption of FY15 Budget and Tax Rates

In March, the Town Council will begin to discuss and develop the Town’s operating and capital budgets for the FY15 fiscal year, which begins on July 1, 2014 and continues through June 30, 2015.

At its regular monthly meeting on Wednesday, March 12, the Town Council will hold a special public comment period to hear from residents about next year’s budget and which new or ongoing initiatives they would like to see funded. Following this meeting, the Council will hold a work session on Wednesday, March 26 to review the proposed budget that the staff and Treasurer have prepared.

Another discussion of the budget will occur at the Wednesday, April 9 Council meeting, at which time residents will again be able to speak on the budget during the public comment portion of the meeting. There will be a public hearing on the final proposed budget at the Annual Meeting on Tuesday, May 6, before the Council adopts the budget at the Wednesday, June 11 Council meeting.

Throughout the budget development process, the Town Council will consider many of the ideas proposed by residents during the recent public forums on use of the Town’s reserve funds. The Council also will determine the amount of reserve monies to set aside for a “rainy day” fund and for future capital expenditures.

We look forward to hearing from you at these meetings. If you are unable to attend in person, please submit comments to townoffice@townofchevychase.org or to the Town Office.

David Lublin,Treasurer

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