What are the responsibilities of the Management and
Budget Division?
While assisting the Chief Financial Officer with
developing and implementing the City's budget, the Management and
Budget Division monitors and forecasts the revenues and expenditures
of the City. The Division assesses the local economy, evaluates
agencies' performance management initiatives, and conducts the
City’s capital planning.
What is the budget process?
The budget process includes all formal policies
and procedures that are followed throughout budget preparation and
production (See Policies and Procedures: Management and Budget). The
budget process guides the development of the budget and includes
numerous deliberations with City Council, executive management,
department directors, and staff.
What does the budget consist of?
The City’s budget primarily consists of three
parts: a revenue budget for anticipated income, an expense budget
for estimated expenditures, and a capital budget for improvements to
infrastructure.
Where do the City’s revenues come from?
The City's revenues come from a variety of local
taxes, Federal and State assistance, user charges, licenses and
fees, and miscellaneous revenues (See revenue detail section of the
budget document).
What does the City spend its money on?
As a general purpose government the City's
provides services such as public safety, social services and
recreation, transportation, community and economic development,
waste management, etc.
What is a fiscal year?
A fiscal year is a 12 month operating cycle that
comprises a budget and financial reporting period. The City's fiscal
year, along with other local governments and special districts
within the State of Florida, begins on October 1 and ends on
September 30.
What is the City’s current millage rate?
The City of Orlando’s current millage rate is
5.6500.
How can I as a citizen become involved in the
budget process?
Before the annual budget is adopted by City
Council, the City holds two public hearing for citizen input. The
hearings are usually held in September of every year.
