Any questions regarding this statement should be directed to Kristina Cooper, Acting Finance Director. A budget calendar is a calendar that keeps track of payment amounts and dates. Please read and review the following document, Resident's Guide to Understanding Local Tax for further insight of how your local tax dollars enhance the City. It focuses on providing clarity to residents on how their tax dollars are collected and spent. This document pertains to all local tax for the previous calendar year. Resident's Guide to Understanding Local Tax For more information view the Distinguished Budget Presentation Award page. The GFOA established the Distinguished Budget Presentation Awards Program in 1984 to encourage and assist state and local governments to prepare budget documents of the very highest quality. This report details the City's Annual Budget and reflects both guidelines established by the National Advisory Council on State and Local Budgeting and the GFOA's best practices on budgeting. For more information view the Annual Comprehensive Financial Report page. This report represents and reflects the City’s financial operations and condition for the previous year to the City residents, elected officials, management personnel, financial institutions, bondholders, rating agencies and all other parties interested in the City’s financial affairs. View more details by viewing the Annual Information Statements. Any questions regarding this statement should be directed to Kristina Cooper, Acting Finance Director. This statement is issued on an annual basis in connection with the offering and issuance of bonds and notes by the City. This statement pertains to City operations for the previous calendar year. Finance Reports & Data Annual Information Statement View the Delaware Public Meetings Calendar - For information and the video links to access each hearing. Passage of this legislation allows for bidding and work to begin on capital projects and purchases. At the next Council meeting, the legislation to approve the CIP budget for the current year is presented to Council. The remaining years are meant as planning tools to plan for the future. This budget is a comprehensive program covering five years with discussions focusing on projects planned during the current calendar. In the spring, the proposed Capital Improvement Program (CIP) budget for the year is presented to Council at a Council-Manager briefing.
Discover more about the City of Fairfield’s Operating Budget. Passage of this legislation prior to the beginning of the year allows the City to begin operations on January 1 without requiring a special meeting of Council to pass the budget. At the final Council meeting for the calendar year, the legislation to adopt this budget for the next calendar year is presented to Council. A public hearing is then held to discuss the budget at the beginning of the next Council meeting. In the fall, the proposed operating budget for the next fiscal year is presented to Council at two Council-Manager briefings. This budget is required by State law and is available for public inspection. The annual tax budget is prepared and presented to Council in mid-July.
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