Office of Management & Budget

OMB develops and administers the budget process for planning, decision-making, and managing control of City resources for the Mayor, City Council, department heads, and the public.

About OMB

Goal 6.6 of the City's Strategic Plan: Ensure continued financial stability and accountability through sound financial management, budgeting, and reporting.

OMB continually analyzes the revenues, appropriations, expenses, and encumbrances of all departments to develop clear financial reporting mechanisms for the status of resources. Resources are used as management tools for city officials in the City’s ongoing effort to provide the public with effective, efficient, and responsive municipal services.

 

The OMB staff develops the City’s annual operating, debt service, and capital acquisition budgets within legal and prudent fiscal management requirements. They monitor expenditures throughout the fiscal year to ensure that all City departments remain within budget allocations and prepare monthly financial reports of the City’s comprehensive budgetary status.

The department also administers the compilation of the citizen survey which is conducted approximately every two years and is used to provide input to the Mayor, Council, and Senior Management in directing resources and providing feedback regarding the delivery of city services.

Budget in Brief FY 24-25

Key Points

  • No City Tax increase for second consecutive year
  • Focus on Public Safety, Streets, & Quality of Life
  • Includes increases due to inflation and contractual obligations

Highlights

  • One ­fire and three police academies to increase staffing, plus $9.4 million for public safety capital replacement
  • Continue $10 million investment in streets resurfacing projects
  • $29 million in Pay-Go funding for capital replacements and facility renovations
  • Additional $2.3 million for animal services department to increase staffing and operations expansion
  • Includes operating costs for bond projects (La Nube Children’s Museum, Komodo Dragon and Leopard Exhibit) and $1 million for park amenities

Notice Of Intent for COs

Certificates of obligation (COs), fund public works without voter approval to finance projects quickly, such as reconstruction after a disaster or as a response to a court decision requiring capital.

Review COs Guidelines

Budget Policies

Fiscal policies that the City uses to set standards of sound budgetary practices & guidelines. These policies are in place to ensure that the City is responsibly meeting all of its goals.

View Budget Policies