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City of Mansfield Annual Budget and Service Program Fiscal Year 2025-2026 Table of Contents

Adoption Phase - A proposed operational and financial plan is presented to City Council through a series of budget work
sessions prior to public hearings. The City Staff communicates the proposed budget to the citizens during these public
work sessions in the form of slide presentations and/or handouts. At least one public hearing is held, and City Council
adopts the tax levy and fiscal year budget consistent with the City Charter and Texas State law.

Implementation Phase - Departments are accountable for budgetary controls throughout the fiscal year. Expenditure
patterns are examined and compared with budget plans, and corrective action is taken as necessary throughout the fiscal
year. The Budget and Accounting teams review the budgeted revenues, expenditures, and current demographic,
economic, and financial trends monthly that may impact the City and plan a strategy to ensure the City’s financial
integrity. City Council is also provided a monthly financial report disclosing the City’s actual revenue, expenditure, and fund
balance performance as compared to the budget plan.

Budget Phases

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