Page 20 - GrapevineFY24 Adopted Budget

Also in April, departmental objectives and performance indicators are submitted to the City
Manager. After all submissions have been received, the Budget Office begins its review, which
takes approximately five weeks. Following the review and approval of the objectives and indicators,
and the submittal of department requests, meetings are then held with the Budget Team (City
Manager, Assistant City Manager, Chief Financial Officer, and Director of Management Services)
and each department.

The proposed budget is submitted to City Council in late June. Public budget workshop(s) are then
held in July. After the certified tax roll is received from the appraisal district (July 25), City Council
approves the roll and sets a proposed tax rate. Public notices of the effective tax rate are published
in the local newspaper in accordance with state law. After public hearings are held for both the
operating budget and the proposed tax rate, they are scheduled for approval on the first Tuesday in
September.

FY 2023-2024 BUDGET CALENDAR

MARCH 29 Wed Budget Kickoff

APRIL 21 Fri Budget submission deadline and begin budget office
review

MAY 26 Fri Send budget recommendations to departments

JUNE 5-9 M-Fri Departmental budget review meetings
16 Fri Final budget decisions due
23 Fri Operating budget submitted to City Council
st
JULY 19 Wed 1 Budget Workshop
nd
20 Thurs 2 Budget Workshop (if necessary)
25 Tues Receive Certified Tax Roll from Appraisal District

AUGUST 1 Tues City Council resolution to accept certified tax rolls
2 Wed Deadline to post Proposed Budget to City website
15 Tues Approval of proposed tax rate in budget

SEPTEMBER 5 Tues City Council public hearing on operating budget
City Council adoption of operating budget
Adoption of tax rate
CCPD board public hearing on CCPD budget
CCPD board adoption of CCPD budget
4B Board adoption of 4B budget

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