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The Department of Commerce, Community, and Economic Development offices are closed to the public at this time. We are still open for business and encourage you to contact us via phone or email.

Local Government Resource Desk

Budgeting & Financial Management

Budgeting

Introduction

One of the most important responsibilities of an elected official is to adopt and oversee implementation of the annual budget. Every elected official should be familiar with the budget and with the process for adopting and implementing it. A local government cannot manage public finances properly without a financial plan. The budget provides a financial plan for the upcoming fiscal year. The budget process assures that everyone has an opportunity to participate in budget development. State law requires that a municipality provide a copy of its current annual budget to the Division of Community and Regional Affairs (DCRA).

Narrative Frequently Asked Questions Additional Resources Applicable Laws and Regulations

Revised 12/30/2014