Financial Reports

These reports are used by the Mayor’s Administration and the Board of Finance to track whether city departments are on track for success in their annual budgets. They are also shared monthly with the entire City Council. The reports show revenue received to date and spending to date (actual and encumbered), compared with what is budgeted for the fiscal year, which runs from July 2013 through June 2014.

The City’s financials are broken down into 8 reports. The largest is the “General Fund” report, which covers all departments that are funded primarily from general fund revenue sources, which are property taxes, sales taxes, rooms and meals taxes, and fees and fines. These departments include: Clerk/Treasurer, the Mayor’s Office, Parks and Recreation, Police, Fire, some parts of Public Works, Code Enforcement, City Arts, Planning and Zoning, and the Library. The other seven reports cover enterprises and activities who do not directly receive property taxes and are therefore funded with grants, fees and sales revenue (Airport, Burlington Telecomm, Wastewater, Church Street Marketplace, Traffic, CEDO, and Stormwater).

These reports will be tracked on a monthly basis and will serve as an “early warning system” for addressing spending or revenue that is out of line with our 2013-14 budget. These will also be updated on a monthly basis.

Fiscal Year 2018 Financial Reports

Fiscal Year 2017 Financial Reports

Fiscal Year 2016 Financial Reports

Fiscal Year 2015 Financial Reports

Fiscal Year 2014 Financial Reports