Page 25 - City of Fort Worth Budget Book

Processes and Policies Budget Calendar

June 27 – July 31: CMO Budget Review – Decision Package Consideration
• Review FY2024 Proposed Budget
• Review and approve Decision Package requests

July 25 – 31: Certified Tax Roll Received
• Receive Certified Appraisal Values
• Determine impact on budget development
August 8: City Manager Delivers Recommended Annual Budget and 5-Year
Capital Improvement Program

• Presentation of the City Manager’s Recommended FY2024 Annual Budget to the City Council (includes a
presentation of CCPD funding application)

• Presentation of the City Manager’s Recommended FY2024-2028 Capital Improvement Program to the
City Council
September 19: Public Hearing

• Public hearing on the City Budget; Public hearing on the Tax Rate; and approve proposed Fee Changes
September 19: FY2024 Operating and CIP Budget and Tax Rate Adoption
• City Council considers FY2024 Budget for adoption
• City Council adopts tax rate for FY2024

• Action establishes split between Operating/Debt Service tax rates
October 2023 – January 2024: Year-end Finalization of FY2023
• Verify all transactions were completed for FY2023 Operating and Capital Budgets
• Confirm all M&C’s have been completed and processed for FY2023

• Executive level Year-End Financial review and address any concerns/provide feedback
November 14: Adopted Operating Budget & 5-Year Capital Improvement Program
Published

• Fiscal Year 2024 Adopted Operating Budget Book is published
• Fiscal Year 2024-2028 5Year CIP is published

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