Budgets
Budget Year
The Finance Department, in conjunction with all City Departments, is responsible for developing the City's annual budget, which includes the operating budget and capital improvement budget. The annual budget implements the direction provided by the Mayor and City Council and serves as the financial plan for the continued improvement of the quality of life for Avalon residents, businesses, and stakeholders.
Fiscal Year 2024 Budget Presentations
During the development of the annual budget, the Finance Department presents drafts of the budget as part of scheduled study sessions held at regular City Council meetings. The purpose of these presentations is to provide the City Council and members of the public with the opportunity to provide their input during the development of the budget. The amounts included in the presentations are subject to change based on further review by Management, changes in revenue estimates, and input from Council and the public until presented during the last meeting of June for adoption.
- April 18, 2023 - FY24 Revenue Estimates (PDF) Presentation includes a summary of current year revenue estimates, year-end reserves, and projected revenues for the upcoming fiscal year to be used in the development of the proposed budget
- May 2, 2023 - FY24 Draft Operating Budget (PDF) Presentation includes a summary of labor, maintenance, and contract service expenditures to be included in the proposed budget, focusing on activity in the General Fund and other major enterprise funds
- May 16, 2023 - FY24 Draft Capital Improvement Program and Capital Budget (FY24) Presentation includes a summary of current year capital outlays and highlights major projects anticipated in the proposed budget
- June 6, 2023 - FY24 Draft Operating and Capital Budget Presentation summarizes the proposed operating and capital budget to be presented at the June 20, 2023 City Council Meeting for adoption
View the Adopted Operating and Capital Budget Fiscal Year 2023 - 2024 (PDF).
View the Adopted Operating and Capital Budget Fiscal Year 2022 - 2023 (PDF).