Wastach News

City of Centerville issued the following announcement on June 21.

Budget & Financial Reports

MISSION STATEMENT

To achieve excellence in timely delivery of service to its customers, in all areas that are the responsibility of the Finance Department. To manage the public funds in a responsible manner and to assure that the assets of Centerville City are protected.

Customers of the Finance Department are defined as:

1. The primary customers of the Finance department are the Citizens of Centerville.
2. The Finance Department provides services to other departments and personnel of the city, including the Mayor and City Council.
3. Budget
4. Financial Reports
5. Risk Management

FISCAL YEAR

Every year, the City Council approves a budget for the next fiscal year. The fiscal year (FY) for Centerville is from July 1 to June 30th of each year. Generally, the Council uses the first meeting in June to amend the current year’s budget to reflect realized revenues and expenditures and to pass the budget for the upcoming fiscal year.

BUDGET DOCUMENTS

Access the FY 2022 Adopted Budget here.

To view previously approved budget documents, view the City Budget Documents Archive

FY 2022-2023 Centerville City Tentative Budget

DOCUMENT DETAILS

In the provided documents, you will find:

Adopted Budget: this is the approved budget for the stated fiscal year

Budget Newsletter: written prior to the final budget approval that points out the main changes to the budget, explains projections for revenue, explains changes in expenditures, and explains any rate increases in either taxes or fees for service.

Proposed Budget Summary: a more detailed review of the proposed budget for the following fiscal year. It explains further issues to be addressed in the upcoming council meetings as the Council decides on the final changes and final budget.

Original source can be found here.