Expenses
The City's largest expense.
What is Personnel? (Salaries and Benefits)
The City's largest source of revenue.
What are Property Taxes?
The number of City departments.
What is 32?
Day the City's fiscal year begins.
What is September 1st?
The office that prepares the city’s annual financial plan.
What is the Office of Management and Budget?
A purchase of major assets, like vehicles or buildings.
What is a Capital Expense?
Type of revenue that is uncertain and can fluctuate with the economy.
What is Sales Tax?
City Strategic Goal that has the largest General Fund share.
What is Goal 2 - Public Safety?
Day the City's fiscal year ends.
What is August 31st?
Form submitted by departments to amend their budget.
What is a Budget Transfer?
Type of expense that includes utilities, supplies, and maintenance.
What is an Operating Expense?
The City's third largest source of General Fund revenue.
What are Franchise Fees?
Airport, ESD, Sun Metro, Bridges, and Tax are considered this type of department.
What is Enterprise?
Budget transfers for annual funds can be submitted up until this month.
What is July?
Monthly process of estimating how much money will be received and spent.
What is projecting/forecasting?
This is used to facilitate the payment of small dollar purchases.
What is a P-Card?
The difference between revenues and expenditures when revenues are higher.
What is a Budget Surplus?
Department with the most FTEs, excluding Police and Fire.
What is Sun Metro?
Month that the City's budget process begins.
What is March?
Form submitted by departments to add new programs/services.
What is a Supplemental Request/Program Request?
Payment that needs to be made before any other expenses.
What is Debt Service?
Grants from this level of government often help fund local projects/programs.
What is Federal or State Government?
City Strategic Goal that has the most Departments.
What is Goal 6 - Sound Governance?
Date of the FY 2026 Budget Adoption.
What is August 19, 2025?
Report that updates City leadership and the public on the City's financial health.
What is Multi-Year Financial Outlook (MYFO)?