Once adopted by the Council, the budget serves as a financial plan for the Town. It shows proposed spending and revenue in broad categories by department or by account type. The Finance department prepares the annual budget and monitors compliance throughout the fiscal year, which begins annually on October 1. The public is invited to review the Proposed Fiscal Year 2022-2023 Budget online or in person at the City Secretary's Office in Town Hall (1614 S Bowen Road).
The Town of Pantego uses program-based budgeting, meaning that the budget document and financial tracking (including both expenditures and revenue) are arranged by department or unit to provide a clearer picture of the true cost of providing various services or programs to the community.
The budget process begins with each budgeting unit or department being assigned a "baseline" funding level equal to the previous fiscal year's allocation. Any funding request that represents new or expanded expenditures or programs or that otherwise exceeds baseline is submitted as a separate request — sometimes called "packages".
These packages may be new, expanded, or restored programs, services, or equipment; and the adopted budget may include some, none, or all of them. It is, ultimately, a primary responsibility of the Town Council to weigh all requests and decide what level of funding is appropriate and sustainable, what the changing needs of the community are, and what should be prioritized in the coming fiscal year.
Previous Years' Budgets