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.
FY27 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.
Do you have a specific budget question? Send it to budget@vbgov.com.
Budget-related comments can also be shared with the entire City Council at citycouncil@vbgov.com.
Latest Articles
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May 12, 2026
Virginia Beach City Council Votes to Adopt Revised FY 2027 Budget
Personal property owners will get up to $80 in tax relief per vehicle.
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April 6, 2026
Special City Council Public Hearings on Budget Planned for April 15 and 21
Residents also encouraged to offer budget input through various online methods.
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March 30, 2026
Use Online Tools to Set Your Own City Budget
Residents are encouraged to provide input on the proposed budget online and in hearings throughout April.
Latest News
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March 31, 2026
Public Hearings, Online Options for Residents to Provide Budget Input
Virginia Beach residents encouraged to provide input on proposed FY 2026-27 budget
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January 2, 2026
Nonprofit Community Organizations Can Apply for Grants to Serve Virginia Beach Residents
Applications accepted through Jan. 31
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October 6, 2025
City of Virginia Beach Earns Award for Excellence in Budgetary Reporting
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April 15, 2025
Special City Council Public Hearings on Budget Planned for April 16 and 22
Virginia Beach residents also encouraged to offer budget input through various online methods.