Fiscal Year 2019-20 Budget

Development of a balanced budget is a fundamental responsibility of local government governing bodies; North Carolina General Statutes govern the requirements of the budget development process.

The board of commissioners and town staff worked diligently to establish goals and priorities which started at our retreat in March. Those priorities are supported through the budget. In Davidson, the town manager is the budget officer for the town. His responsibility is to prepare and present the board of commissioners with a proposed budget each year. He works closely with staff to project revenues and expenditures for the upcoming fiscal year.

Below is a schedule of activities for the approval of the July 1, 2019 – June 30, 2020 fiscal year budget:

May 14: The recommended budget is presented for board review

May 28: Public hearing on the budget at board meeting (Town Hall, 216 South Main Street)

June 11: Work Session meeting: budget ordinance will be considered for approval by the board

Information regarding budget items to be discussed at the above meetings will be found attached to the published agendas here: http://davidson.novusagenda.com/agendapublic/ and all documents will be published on this webpage.

All citizens are encouraged to participate in the budget process, and especially to attend the May 28 public hearing.

Important Documents

From May 14th agenda:

FY2020 Proposed Budget Presentation May 14, 2019

FY2020 Proposed Budget Booklet

FY2020 General Fund Revenue Budget

FY2020 General Fund Base Budget

FY2020 Budget Needs List

FY2020 Budget - Powell Bill

FY2020 Budget - Affordable Housing

FY2020 Budget - Storm Water

FY2020 Budget - Solid Waste

FY2019 Expenditures to FY2020 Proposed Budget Walk