Ferrisburgh Annual Budget Timeline
July–August
Planning Begins
• Selectboard reviews the current year's budget performance.
• Department heads begin identifying operational needs, equipment purchases, and capital projects for the upcoming fiscal year.
• Long-term financial priorities are discussed.
September–October
Department Budget Requests
• Department heads submit proposed budgets and capital requests.
• Revenue projections and anticipated expenses are updated.
• The Selectboard begins preliminary budget discussions during public meetings.
November–December
Budget Workshops
• The Selectboard reviews each department's proposed budget.
• Requests are evaluated based on community needs, available revenues, and long-term financial planning.
• Adjustments are made as needed during publicly warned meetings.
January
Proposed Budget Finalized
• The Selectboard finalizes the proposed operating budget.
• Budget information is prepared for inclusion in the Town Report.
• Residents are encouraged to review the proposed budget before Town Meeting.
February
Town Report Available
• The Town Report is published and made available to the public.
• Residents have an opportunity to review the budget and prepare questions before Town Meeting.
March
Annual Town Meeting
• Voters review and discuss the proposed budget.
• Residents vote on the articles requiring voter approval.
• Once approved, the budget becomes the Town's financial plan for the new fiscal year.
Throughout the Year
Budget Monitoring
• The Selectboard monitors revenues and expenditures throughout the fiscal year.
• Budget amendments or transfers are considered during public meetings when necessary.
• Financial reports are reviewed regularly to ensure the Town remains fiscally responsible.
This timeline is intended to give residents a general overview of the budget process. All budget discussions are conducted during publicly warned Selectboard meetings in accordance with Vermont's Open Meeting Law, and public participation is encouraged.
Please see budgets below: