Presented herewith is the Town Manager's Budget for Fiscal Year 2025 (July 1, 2024 – June 30, 2025) for the General Fund, Water Fund (Kenwood), Sewer Fund and other "Special Purpose Funds". The budget is one of the most important documents produced by the Town in any year. The budget outlines the various programs, activities, and projects proposed to be undertaken in the upcoming year. These recommendations stem from collaborative efforts among the Town Manager, Assistant Manager, and Department Heads.
In order to maintain services with minimal impact, over the year the administration evaluates the methods departments perform and deliver services, within the constraints of their budgets and implemented cost-saving measures. During FY25, we expect to see some financial challenges that will impact some services. We are facing a $3.6M deficit that requires us to leave vacancies unfilled, relinquish some positions and tighten the belt in every division of Town Government, including the schools. To this end, a comprehensive FY2025 Budget Book (PDF) and Presentation (PDF) have been prepared, offering residents a detailed overview of town expenditures, revenues, and more.
