Budget Development Process

FY2024-25 Budget Process Latest Updates

Upcoming Events

FY 25 Council Retreats

Budget and Management Services is holding council retreats on February 16 and March 1, 2024. Retreat agendas will be posted on this page and retreats will be livestreamed on the city's YouTube channel.

Public Hearing

A public hearing will be held at the Monday, March 18, Council Meeting to receive comments on the development of the FY 2024-25 Budget and the FY 2025-30 Capital Improvement Plan (CIP).

PasT Events

FY25 Budget Kickoff

Budget and Management Services held its Budget Kickoff event with City staff on January 4, 2024. Slides from this event are attached here. At this event, BMS communicated expectations for the upcoming budget cycle to City departments. Department budget submissions are due to BMS in February. 

FY25 Budget Development Schedule

City Council adopted the FY2024-25 budget development schedule at their December 18, 2023 meeting. 

Q1 2024

The City of Durham's Fiscal Year (FY) 2023-24 began on July 1, 2023. Budget staff is currently working with departments, Council, and the Durham community to develop the FY25 budget which will take effect on July 1, 2024. 

To learn more about the City's budget process:

Video 1: What is a Budget?

Video 2: Budget Development Timeline




PREVIOUS BUDGET CYCLES

To view materials from a previous budget development cycle, please select a fiscal year below.

  1. FY 2023-2024 Budget Process
  2. FY 2022-2023 BUDGET PROCESS
  3. FY 2021-2022 BUDGET PROCESS
  4. FY 2020-2021 BUDGET PROCESS
  5. FY 2019-2020 Budget Process
  6. FY 2018-2019 Budget Process
  7. FY 2017-2018 Budget Process
  8. FY 2016-2017 Budget Process

FY 2022-23 Budget Process Latest Update

BUDGET ADOPTION

The City Council voted to adopt the FY2023-24 Budget on Tuesday, June 20 at 7:00 PM. The complete budget document is finalized and linked below. For an overview, the Budget Ordinance is also linked below:

PUBLIC HEARING

A public hearing will be held by the Durham City Council on June 5 to receive comments regarding the City Manager's proposed Fiscal Year 2023-24 Budget and Fiscal Year 2024-29 Capital Improvement Plan. More details are linked here.

COUNCIL BUDGET WORK SESSIONS

The Durham City Council is holding two budget work sessions to hear presentations from various departments. Materials from the meetings can be found below:

City Manager FY 24 Proposed Budget Presentation

The City Manager presented the FY 24 Proposed Budget to City Council on Monday, May 15, 2023 at 7:00PM. You can now view the FY 24 Proposed Budget

You can also readwatch or listen to the Proposed Budget Presentations.

Department Budget Presentations to the City Manager 

Departments presented their proposed budgets, including new funding requests, to the City Manager in April. 

FY 24 Budget Guidelines

The City Council adopted guidelines for the FY 24 budget (Translated into Spanish Version) at their April 3, 2023 meeting.

Public Hearing

A public hearing will be held at the Monday, March 20 Council Meeting to receive comments on the development of the FY 2023-24 Budget and the FY 2024-29 Capital Improvement Plan (CIP).

FY 24 Council Retreats

Budget and Management Services is holding council retreats on March 2nd and March 3rd, 2023. Retreats will be livestreamed on our YouTube channel.

Day 1 AgendaPresentationSpanish Translation - 3/2/2023 

Day 2 AgendaPresentationSpanish Translation - 3/3/2023

FY 24 Budget Kickoff

Budget and Management Services held its Budget Kickoff event with City staff on January 4th, 2023. At this event, BMS communicated expectations for the upcoming budget cycle to City departments. Department budget submissions are due to BMS in February. 

FY 24 Budget Development Schedule

City Council adopted the FY 2023-24 budget development schedule at their December 5, 2022 meeting. 

Q1 2023

The City of Durham's Fiscal Year (FY) 2022-23 began on July 1st, 2022. Budget staff is currently working with departments, Council, and the Durham community to develop the FY 24 budget which will take effect on July 1st, 2023. 

To learn more about the City's budget process:

Video 1: What is a Budget?

Video 2: Budget Development Timeline