Budgets & Financial Documents

The City of Takoma Park prepares documents directing and documenting the financial matters of the City. Every year in early April, the City Manager submits a recommended budget to the City Council for the upcoming fiscal year beginning July 1. The Proposed Budget is considered by the City Council through a public process of hearings, Council work sessions, and final adoption in late May. The Adopted Budget sets the tax rates and guides the expenditure of funds by the City throughout the fiscal year, July 1 through June 30. At times during the course of the year, amendments to the adopted budget are needed.  Budget amendments are effected through two reading ordinances adopted by the Council. Once the fiscal year is completed, the Comprehensive Annual Financial Report (CAFR) is prepared, and the City's financial statements are audited. The CAFR is issued in October of each year for the prior fiscal year ended June 30.

PDF icon All budgets and financial reports are available as PDF.

Finance - Budgets & Financial Documents

All Budgets & Financial Documents

Document Title Fiscal Year Document Type
FY16 Adopted Budget
FY14 CAFR
FY15 Budget Amendment
FY15 Adopted Budget
FY15 Budget Presentation
FY14 Adopted Budget
FY13 Adopted Budget
FY13 CAFR
FY14 Budget Presentation
FY12 CAFR
FY12 Adopted Budget
FY13 Budget Presentation
FY12 Budget Presentation
FY11 CAFR
FY10 CAFR
FY09 CAFR
FY08 CAFR