Budget Cycle

Budget Cycle

The budget cycle refers to the life of a budget from creation to evaluation. The City of Stillwater's fiscal year begins July 1 and ends June 30.

 Budget Cycle Graphic

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  • Staff and city council collects continuous feedback from the public at public meetings and on social media.

January – March (Budget Preparation)

April – June (City Council Approval)

July – June (Implementation)

  • The new budget year begins July 1.

  • After July 1 the Adopted Budget becomes a working document that is known as the Operating Budget. This new version of the budget includes all of the modifications made during the fiscal year that ends June 30. Modifications may include carryforward adjustments, budget amendments and budget revisions. 

  • The Finance Department monitors the Operating Budget regularly. As the City’s organizational or operating environment changes, adjustments to the current budget may be required.

July – December (Feedback in the form of year-end accounting and financial reporting)