Adopted Budget Book FY 23-24 Final with TOC links - Flipbook - Page 98
Budget-In-Brief → buDgeT oVerView
goals. The process of making municipal budget decisions is carefully structured to support these
priorities and promote the betterment of both the organization and the community it serves.
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Goal Identification: The process begins with identifying the organization’s goals and priorities.
These may include enhancing public services, improving infrastructure, fostering economic
development, ensuring public safety, and preserving the environment, among others.
Budget Development: City departments collaborate to create budget proposals aligned with the
identified by City Strategic Plan goals. These proposals outline resource needs, program costs,
and potential impact on the community.
Prioritization: The proposed budgets are reviewed and evaluated by city officials, department
heads, and community representatives. Prioritization occurs based on alignment with organizational objectives and community needs.
Resource Allocation: The available financial resources are allocated to various departments
and programs based on the established priorities. Trade-offs are considered, as funding one
initiative might mean reducing resources for another.
Public Input: Many municipalities encourage public participation and transparency by soliciting
input from residents, community organizations, and businesses. Public hearings and City Hall
meetings provide opportunities for citizens to voice their preferences and concerns.
Refinement and Approval: Budget proposals are refined based on stakeholder input and discussions. The final budget is then presented to the appropriate governing body, such as the city
council or board of supervisors, for approval.
Budgetary Support for Organizational and Community Goals:
The City budget serves as a financial blueprint that supports both, the organizational goals and
the broader goals of our community. It outlines how financial resources will be allocated to various
programs, services, and initiatives to achieve specific outcomes. Here’s how the budget plays a
crucial role in supporting both organizational and community goals:
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Alignment: The budget decisions are closely tied to the organization’s strategic goals and priorities. Funds are allocated to programs and initiatives that directly contribute to achieving these
objectives.
Resource Allocation: Budgets provide the necessary financial resources for essential services
such as public safety, education, healthcare, infrastructure maintenance, and more. Allocating
resources to these areas enhances the quality of life for residents and supports community
development.
Strategic Initiatives: City sets aside resources for strategic initiatives that address specific challenges or opportunities within the community. This could include economic development projects, environmental sustainability efforts, and community engagement programs.
Innovation: Budgets can fund innovation and technological advancements, allowing cities to stay
competitive and provide modern services to their residents. Investments in innovative technologies, digital platforms, and improved communication channels enhance efficiency and
accessibility.
Safety and Security: Adequate funding for public safety agencies, emergency response services,
and disaster preparedness ensures the safety and security of the community, enhancing residents’ sense of well-being.
City of Eustis, Florida
Adopted Budget
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