The City adopted a Biennial Budget for fiscal years (FY) 2018-19 and 2019-20 in June 2018. In May 2019, the second year of the biennial budget was reviewed and an addendum to the budget for this second year was adopted in June 2019.
Key information from the Biennial Budget and Budget Addendum are summarized in the City’s Budget Snapshot. In addition to FY 2019-20 revenues and expenditures, the Snapshot contains a dissection of the sources of revenue, General Fund expenditures, Capital Improvement Projects, and a forecast for upcoming years.
The Budget Addendum and Budget Snapshot are both available at www.citymb.info/Budget.