City departments kicked off the upcoming budget year, Wednesday, Jan. 30, in preparation for the next fiscal year. Fiscal Year 2025 (FY2025) is the city’s budget year that will run from July 1, 2024 through June 30, 2025. The adopted budget ordinance will set the new tax rate and city fees.
Over the next few months, managers and supervisors will start to anticipate and estimate next year’s city projects, which are then reviewed by City Manager Jim Greene and the city’s finance staff, led by Finance Director Wade Furches. Salisbury City Council must receive the first draft of the FY2025 budget from the city manager by June 1, 2024.
Residents will be invited by City Council to weigh in on the FY2025 budget during a general budget session and a public hearing in the next few months. City Council usually holds at least one budget work session to discuss the budget in detail. Watch for budget meetings and public hearing dates here in the Lamplighter and on the city’s social media platforms.
The budget will be adopted by Council before June 30.