Budget Process & Timeline

About the Budget

Process & Timeline

You are a part of this process. We encourage comments and participation from our residents. If you'd like a city staff member to speak at your group or organization, complete the Request a Speaker form.

The budget process and timeline is as follows:

  • July-December: Staff begins work on next year's budget.

  • September-October: City Council holds a study session to discuss the Strategic Plan.

  • February-April: Staff visits local groups and organizations to discuss the budget.

  • March: Stillwater City Council holds a study session to discuss next year's budget.

  • April: First public hearing on the budget.

  • May:  Second public hearing on the budget.

  • June: Presentation of the ordinance to City Council to approve the annual budget. 

  • July: New fiscal year begins.

Why Cities Develop Budgets

The City of Stillwater is required to develop and publish annual operating and capital budgets. Budgets serve many purposes including the following:

  • Provide a flexible working plan for operating the City in the coming year.

  • Convert the City’s long- and short-term plans and policies into services and programs.

  • Establish the amount of revenue expected to be available, which sets limitations on the amount of expenditures that can be supported.

  • Establish the costs of providing services and programs. 

  • Set priorities to determine how the resources will be allocated among the services and programs our residents expect and need. 

  • Provide a benchmark to which actual revenues and expenses can be compared. 

  • To comply with the Oklahoma Municipal Budget Act, 11 O.S. 17- 201.