City Holds Annual Budget Retreat on Feb. 6

February 6, 2015 - On Friday, Feb. 6, Mayor Madeline Rogero presented a mid-year budget report to City Council at the City's annual Budget Retreat. The City of Knoxville's fiscal year runs from July to June.

Finance Director Jim York reported that as of Dec. 31, 2014 - halfway through the 2014-15 Fiscal Year - revenue and expense totals are generally positive. Sales tax revenues are showing growth, although real property tax revenues are relatively flat. Forecasts for future pension expenses have been revised down a bit, because of strong market performance last year.

Mayor Rogero and Deputies to the Mayor Christi Branscom and Bill Lyons gave Council department-by-department highlights of City initiatives and accomplishments during the past year, as well as updates on major capital projects.


BUDGET INFORMATION

2015-2016 Budget Info
Six Month Financial Report [PDF]
Budget Retreat Presentation - Financial Update [PDF]
Budget Retreat Presentation - Public Infrastructure Plan  [PDF]
Budget Retreat Presentation - Vision, Goals, Accomplishments [PDF]
Budget Archive (Budgets from years 2001-current year)


BUDGET CALENDAR

February 6, 2015 – City of Knoxville Budget Retreat and Six Month Financial Report released
February - April – Departments Submit Budget Requests, Base Numbers Calculated, and Capital Budget Prepared
March 24 - March 26, 2015 – Mayor’s Budget Hearings
April 29, 2015 – Mayor’s State of the City Address
May 12, 2015 – First Reading of Budget and Tax Ordinances
May 14, 2015 – MPC Hearing on Capital Improvement Program
May 20, 2015 – Council Budget Hearings and Public Hearing
May 26, 2015 – Second Reading of Budget and Tax Ordinances