About the Budget
The annual budget serves as the Town’s financial plan and directs the town’s actions in accomplishing its goals and objectives as it relates to identifying and allocating resources needed to deliver services and programs to the community.
The Town’s Fiscal Year (FY) runs from July 1 to June 30 annually. Each year, the town must adopt a budget and establish the tax rates for the incoming fiscal year by July 1.
Current Annual Budget
Adopted Budget Information
On May 20, 2025, the Town Council adopted and appropriated the FY 2026 Annual Budget and Capital Improvement Program along with the tax rates to support it. A copy of the FY 2026 Adopted Budget can be found below.
FY2026 Adopted Budget Letter (PDF) – July 1, 2025
Proposed Budget Information
A public hearing on the FY 2026 Proposed Budget was held on May 6, 2025 and a hearing on the proposed tax rates for FY 2026 was held on May 20, 2025.
The FY 2026 Proposed Budget and work session presentations are linked below.
FY2026 Proposed Budget – Fund Level Summary – Revised (PDF) – May 6, 2025
FY2026 Proposed Budget – Fund Level Summary (PDF) – April 15, 2025
Presentation #1 – February 18, 2025 Work Session (PDF)
Presentation #2 – March 4, 2025 Work Session (PDF)
Presentation #3 – March 18, 2025 Work Session (PDF)
Presentation #4 – April 15, 2025 Work Session (PDF)
Previous Budget Documents
Adopted FY2025 Budget Letter (PDF)
Adopted FY2021 Budget – Summary (PDF)
Adopted FY2018 Budget (PDF)
Adopted FY2017 Budget (PDF)
Adopted FY2016 Budget (PDF)
Adopted FY2015 Budget (PDF)
Adopted FY2014 Budget (PDF)