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Budget

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Because the strategic planning document is intended to be a "living" document, City management and the City Council will review the plan biennially. It will change as necessary to ensure quality community services and assist Newark towards its Vision.

City management and the City Council review the budget biennially. It will change as necessary to ensure quality community services and assist Newark towards its Vision.

The City's adopted biennial budget for 2024-2026 recognized that:

• The City has largely recovered from the economic impacts of the pandemic.  However, inflationary pressures are increasing the City's costs of providing services to the community.

• The preservation of the City's infrastructure continues to be a high priority.  To support the City's priority in maintaining its aging infrastructure and assets, staff recommended the establishment of a Maintenance Reserve Fund.

BIENNIAL BUDGET

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