Budgets

Municipal Budgeting

The Department of Finance is responsible for accounting for all municipal funds, centralized purchasing, budgeting and financial reporting. The Finance Division develops, coordinates, and monitors all phases of the City's operating budget, a total of nine budgeted funds. The primary goal of the Finance Department is to provide timely and accurate financial information and recommendations to the City Manager's Office and elected officials.

The Finance Division develops, coordinates, and monitors all phases of the City's operating budget, a total of nine budgeted funds. The primary goal of Finance and Administration is to provide timely and accurate financial information and recommendations to the City Manager's Office and elected officials.

The City of Columbia understands and values the importance of managing the City's finances in a fiscally responsible manner, providing for essential needs and maintaining a stable financial footing. The annual operating budget serves as a business plan and provides funding for existing service levels, major investments including capital projects and debt service. Funding for the city's annual strategic plan is a key element to the city's annual budget.

The FY 2024 Operating and Capital Budget was adopted on June 8, 2023, which more information is available including access to the FY 2024 budget book.

Note: The City of Columbia received the City's third Distinguished Budget Presentation Award from the Government Finance Officer's Association for the City's Fiscal Year 2023 budget. The Finance Department plans to continue to pursue the award as the upcoming fiscal year budget is developed and approved.