Annual Budgets Overview
The City Council annually adopts a budget that outlines projected revenues and expenditures for the fiscal year. The Budget acts as an Annual Operating Plan as it outlines and ties financial resources to programs and services for the fiscal year which begins on October 1st and ends on September 30th. Budgets are developed and administered per the requirements of Chapter 102 of the Texas Local Government Code and Article 8 of the City Charter.
The Annual Budget puts into action the Strategic Planning elements adopted by the City Council such as the Capital Improvements Plan and the Departmental Service Plans.
Current & Previous Budgets
City leaders are currently in the process of constructing an annual budget for Fiscal Year 2024, which begins on October 1, 2023. Click here to view the Fiscal Year 2024 Budget Calendar and follow along!
The City of Hutto has earned the Distinguished Budget Presentation Award from the Government Finance Officer’s Association since 2007.
Public Budget Input
Throughout the Fiscal Year 2024 budget process, residents have several opportunities to voice their opinions on what the City should prioritize this next fiscal year. Firstly, residents were able to determine what budget priorities should be priced-out and brought back to them to be ranked. At the 2nd workshop, the public prioritized this list item by item divided into two categories. Firstly, items that would require debt service, (I&S, Interest & Sinking) you can view here. Second were items that would require a direct increase on the primary tax rate, (O&M, Operations & Maintenance), which you can view here. Staff intend to use these lists as tools of consideration in the upcoming budget year.
The $20 per month lines drawn were hypothetical agreed upon numbers by those attending to see what priorities they could receive from the City with the amount set by the public with a $20 per month increase.