Budget & Annual Reports

Budget Process

The DeKalb budget process is a comprehensive mechanism for developing each year’s financial plan.  This process includes input and feedback from the City Council, City staff, the Finance Advisory Committee and members of the public.  According to the Government Finance Officers Association, the budget is a statement of priorities for the community that:
  1. Communicates to stakeholders what services they can expect and how their tax dollars are being spent
  2. Defines how the local government allocates its resources to achieve what is important to the community
  3. Translates policies into action

In DeKalb, this principle guides the process of document development. Department heads work with their staff to determine service and program priorities. These priorities are reached by analyzing past data and anticipation of future needs. Once a budget request draft is ready, it is reviewed by the City Manager’s Office and the Finance Department. Together, leadership reviews major operational changes, discusses objectives and reviews other requests. An effort is made to accomplish City goals in the most efficient way possible. This might include combining resource requests across departments to ensure fiscal responsibility. Unjustified items or requests are removed from the budget during this process. Concurrently, other budget document items are being updated by staff. This includes statistics and other items that help show a complete picture of the City’s fiscal plan for the upcoming year.
Once a draft of the budget is prepared, review begins. This review period includes critical analysis and discussion by the City Council and the Finance Advisory Committee. Staff is on hand to identify desired alternatives and provide background information as needed. Throughout May, public review meetings are held to ensure stakeholder groups are given adequate opportunities to comment. In June, the public hearing is opened for the budget document, and it is presented to the City Council.
The final budget is typically passed by the City Council in June. The City of DeKalb Budget is the culmination of strategic financial and operational planning. This document reflects sound decision-making and recommendations for the City’s future. The budget is monitored, reviewed and referenced throughout the year.

With the change in the City's fiscal year changing from a June 30 year end to a December 31 year end, the budget process started again in July 2016 for the upcoming FY17 budget year.

FY2017 Proposed BudgetFY16.5 Budget - FinalFY2016 Budget | FY 2015 Budget | All Archived City Budgets

Comprehensive Annual Financial Report (CAFR)

The Comprehensive Annual Financial Report (CAFR) report fulfills local and state laws requiring the City to issue an annual report on its financial position and activity presented in conformance with generally accepted accounting principles (GAAP) and audited in accordance with generally accepted auditing standards by an independent firm of certified public accountants.
FY15 Comprehensive Annual Financial Report | All Archived CAFRs

Popular Annual Financial Report (PAFR)

The Popular Annual Financial Report (PAFR) is a brief summary of the City's Comprehensive Annual Financial Report (CAFR).  This report is intended to increase knowledge throughout the community of DeKalb's financial condition.  The financial information within this report is taken in large part from the City's independently audited set of financial statements.  Unlike the CAFR, the PAFR is not prepared in accordance with generally accepted accounting principles.  In addition to providing financial information, the PAFR provides information about the City of DeKalb’s demographics, elected officials and government.

FY15 Popular Annual Financial Report | All Archived Popular Annual Financial Reports