Management and Budget
FY 2025 Budget Development
On November 4, 2023, City Council held it's annual retreat to kick-off the budget process. City Council is scheduled to adopt its budget guidance on November 14, 2023 and City Manager Jim Parajon is scheduled to present the FY 2025 proposed budget to City Council on February 27, 2024. For more information please use the budget resources links below:
Fiscal Year 2024 Approved Budget
On May 3, 2023, the Alexandria City Council unanimously adopted a Fiscal Year (FY) 2024 General Fund Operating Budget of 884.3 million, $45.1 million more than compared to the FY 2023 Approved Budget and an additional $3.2 million more than the FY 2024 City Manager Proposed Budget. Of the $3.2 million funding increase approved by City Council through add/delete, roughly one-half is to reduce Capital Improvement Program (CIP) borrowing for ongoing financial sustainability, and the other half is to expand or improve services provided in the operating budget. The FY 2024 approved budget includes $258.7 million in operating funds for the Alexandria City Public Schools, a $9.9 million (or 4.0%) increase over FY 2023 funding. The budget proposal also includes significant capital investments for stormwater management infrastructure; educational facilities; and maintenance of existing City assets and facilities, totaling $2.40 billion (11.7%) over 10 years in Alexandria’s Capital Improvement Program (CIP). FY 2024 begins on July 1, 2023, and ends June 30, 2024.
For a brief description and highlights of the budget, please refer to the FY 2024 Budget in Brief pamphlet.
Fiscal Year 2023 Adopted Budget
On May 4, 2022, the Alexandria City Council unanimously adopted a Fiscal Year (FY) 2023 General Fund Operating Budget of $839.2 million, which represents an increase of 8.9% over the current year. The budget approved by City Council leaves the real estate tax rate unchanged at $1.11 per $100 of assessed value. The FY 2023 budget funds 100% of the Alexandria City Public Schools (ACPS) School Board’s approved capital improvement program and operating budget. The adopted budget includes $33.9 million in priority investments, including climate change, employee compensation; DASH service expansion; affordable housing, the City’s race and social equity initiative; early childhood and other support programs for young Alexandrians; and public safety supporting initiatives, including the Alexandria Co-Response Program (ACORP) and the Body Worn Camera program. The investments also include 4850 Mark Center Drive, which will house the Department of Community and Human Services, the Alexandria Health Department, and a West End service center, making City services more accessible to residents. FY 2023 begins on July 1, 2022, and ends June 30, 2023. For a brief description and highlights of the approved budget, please refer to this news release or review the FY 2023 Approved Budget in Brief.
Budget Document & Memo Archives
View budget documents and information for Fiscal Years 2002 through 2018, including approved operating budgets, Capital Improvement Programs, Budget Memoranda and Budget-in-Briefs.
FY 2023 Budget Resources
Please see the FY 2023 Budget Calendar and Resources link below for more information on the Council Retreat, Council Budget Guidance and overall budget process:
American Rescue Plan Act of 2021
On March 11, President Joseph R. Biden signed the $1.9 trillion American Rescue Plan Act of 2021 (ARPA), which established the Coronavirus State and Local Fiscal Recovery Fund. This fund provides $130.2 billion to local governments nationwide for COVID-19 pandemic recovery assistance. The City is developing a list of potential programs and projects to help guide the use of these funds as part of a future spending plan.
Capital Projects Status Report
The Quarterly Capital Projects Status Report details the City's current Capital Improvement Program (CIP) projects. Along with budget and financial data, information is provided on the history and current status of the projects, project highlights from the previous quarter, and anticipated project progress in the forthcoming quarter. This report is presented to City Council by the Office of Management and Budget and made available to the public.
*The FY 2022 1st Quarter and 2nd Quarter Capital Projects status report were not produced due to staffing capacity constraints and allocation to other high priority projects.
Annual Comprehensive Financial Report
Provided by the Finance Department's Accounting Division, the Annual Comprehensive Financial Report represents the City's overall financial position at the end of each fiscal year and reports the City's activities and balances for each fiscal year.
The purpose of this fee compendium is to provide a readily available source of information on the fees and service charges assessed by City departments. Although it is our intent to keep this information updated, there may be a lag between changes and when they are posted in this document. It is therefore possible that discrepancies may arise between the information contained within this compendium and Resolutions/Ordinances passed by City Council or regulations issued by departments. In any case, the Resolutions/Ordinances passed by City Council or regulations issued by departments shall be considered authority.
Real Estate Tax Receipt Calculator
The Real Estate Tax Receipt Calculator is used to see a breakdown of your City taxes by Focus Area Team by entering your property's assessed value and selecting the appropriate tax year. Assessment values are available from our Real Estate Assessment Search.
Budget & Fiscal Affairs Advisory Committee
The Budget and Fiscal Affairs Advisory Committee (BFAAC) advises and supports the City Council by examining the City's budget procedures and processes; and recommends ways of improving that process, including participation by the public. The Committee typically meets on the third Tuesday of the month at 7 p.m. You can find the Committee's recent reports, resources provided to the committee by staff, as well as meeting agendas, schedules and minutes at the link below.