Budgets

A mid-year supplemental budget was considered at the March 11, 2025 business meeting of City Council. Resolution 2025-07 was adopted

The FY2024-25 McMinnville budget was adopted at the June 25, 2024 business meeting of City Council.

The FY2024-25 Proposed Budget for the City of McMinnville was considered by the Budget Committee on May 22 and 23, 2024 and approved on May 23, 2024.

Later, hearings on the FY2024-25 budget committee approved budgets for the City of McMinnville and McMInnville Urban Renewal Agency took place on June 11, 2024.

Four additional documents were prepared for the Budget Committee.

The first is a document detailing updates included in the City's approved FY2024-25 budget voted on by the Budget Committee on May 23, 2024.

The next three documents are compilations of questions received from budget committee members and through the public comments web form along with staff answers to these questions.

The Budget represents the financial plan of the City of McMinnville. It communicates the City Council's goals and priorities to the citizens and dictates the City's allocation of resources. The budget is prepared in compliance with Oregon Local Budget Law. The City's fiscal year is July 1st through June 30th.

Oregon Revised Statutes (ORS) 294.305 through 294.565, also known as Oregon Local Budget Law, regulates the proposal, approval, and final adoption of the City's annual budget. In mid-May, the City Manager, who is the City's Budget Officer, proposes a budget to the Budget Committee. The Budget Committee is comprised of the Mayor and City Council, and an equal number of citizens for a total of 14 members. The Budget Committee receives input from the public and approves the Proposed Budget as presented or as amended.

After a Financial Summary of the Approved Budget is published, the City Council holds a public hearing to receive public input on the Budget Committee's Approved Budget. At the last Council meeting in June, the City Council adopts the budget for the next fiscal year.

The proposed budget document includes narrative information and analysis which may be of interest to the community and is available on the website. The adopted budget document lists the appropriation detail by line item.