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 (Proposed)

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.

Play Video

Watch the presentation to City Council from the Real Estate Assessor. Starts at 1:38:20.

Play Video

Watch the presentation to City Council on the proposed budget. Starts at 58:45.

A Community Conversation: City Priorities for the FY25 Budget
 

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Providing more opportunities for Virginia Beach residents to weigh in on the City’s fiscal year 2025 budget is a priority of City Council. For the first time, community members were invited to participate in a conversation about budget priorities much earlier in the process than in previous years. About 145 residents attended A Community Conversation, an event on Jan. 18 at the Virginia Beach Convention Center. 

Attendees were divided into groups at round tables, each with a City employee and professional facilitators from the firm Fountainworks to help facilitate the conversation. Residents at each table were asked a series of questions about City priorities and the budget. 

Information and results from the conversations were analyzed and discussed at the City Council Budget Retreat on Tuesday, Feb. 13.