Budget & Management Services
The City of Virginia Beach operates on a fiscal year that begins July 1 of each year and ends on the following June 30.
The City's budget provides funding for major construction projects, including projects for building new facilities, improving our transit system, maintaining our roads and parks, purchasing major equipment, etc.
FY25 Adopted Budget
Executive Summary
A comprehensive overview of the policies that guide the development and implementation of the annual budget. This document is designed to provide a quick understanding of the financing strategies of the City.
Operating Budget
Detailed information on the City’s anticipated spending needs for the upcoming fiscal year, beginning July 1 and ending June 30. It provides detailed discussions of revenues and appropriations for each department.
CIP Budget
The annual Capital Improvement Program (CIP) Budget is organized into sections based on functional areas, which include a brief description of the project, a financing plan and a map, if applicable.
Latest Articles
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February 7, 2025
Budget Talk: What are TIP and TAP?
Special funds help Virginia Beach continue to benefit from booming tourism.
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January 23, 2025
City Council will Focus on Capital Improvement Program at Winter Retreat
The City’s six-year CIP plan for large-scale projects being reviewed by council members
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January 2, 2025
Applications for Community Organization Grants Open through Jan. 31
Nonprofit organizations can get funding to help improve the quality of life for Virginia Beach residents
Latest News
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January 23, 2025
City Council Retreat to Be Livestreamed Jan. 27 and 28
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October 3, 2024
City of Virginia Beach Earns Award for Excellence in Budgetary Reporting
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August 1, 2024
Grants Available for Nonprofit Community Organizations
Submit application by Aug. 31
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May 14, 2024
Virginia Beach City Council Votes to Adopt Revised FY25 Budget