Annual Operating Budget
The budget document can best be described as the operational financial plan for a municipality spanning a fiscal year. In North Carolina, the fiscal year for all municipalities is July 1-June 30. Most importantly, there are three purposes served by the budget document. First, the budget document is a policy document expressing the priorities of the Mayor and Town Council for the fiscal year. Second, the budget document is an operations guide. As an operations guide, the budget document is an invaluable asset to management to efficiently and effectively utilize municipal resources. Third, the budget document is a communications device to the public of how public funds are encumbered and expended. The budget document is organized into six sections including: Budget Guide, Financial Summaries, General Fund, Enterprise Fund, Capital Projects, and Appendix. The budget ordinance for Fiscal Year 2018-2019 was adopted on June 25, 2018.
The fee schedule is a comprehensive listing of all of the Town of Nashville fees across all departments for various services and charges. The fee schedule remains in effect beyond the close of a fiscal year. However, the Town of Nashville reviews and makes changes to its fee schedule on an annual basis and adopts the fee schedule at the time of the annual budget ordinance adoption.