THPRD is required to adopt its annual budget by June 30, the close of the preceding fiscal year. The annual budget is intended to serve as a financial plan, operational plan and operations guide for THPRD’s activities.
The budget is prepared and adopted by fund and organizational unit or division. Most budget changes after adoption require either a resolution by the Board of Directors or a supplemental budget process.
Schedule for preparing the 2016-17 budget:
February 4 - Publish notice
February 11 - Post notice on THPRD website
February 22 - Midyear Budget Review Meeting (public input)
April 7 - Publish notice & post notice on THPRD website
April 13 - Deliver proposed budget to budget committee
April 18 - Budget Committee Work Session (public input)
April 28 - Publish notice
May 5 - Post notice on THPRD website
May 16 - Budget Committee Meeting to Approve Budget (public input)
June 9 - Publish notice and summary
June 20 - Hold Public Hearing to Adopt Budget (public input)
July 15 - Tax levy certified by Washington County
THPRD budget approved for 2016-17
A $114.1 million budget for the 2016-17 fiscal year was approved by the Budget Committee and is expected to be adopted by the board of directors on June 20.
On Monday, THPRD's Budget Committee unanimously approved the staff's proposed budget for the 2016-17 fiscal year.
The $114.1 million budget -- an 11.2% increase over the current-year budget -- is expected to be adopted by the board of directors at their June 20 meeting. If approved, implementation begins July 1.
"I want to thank all of our staff who have worked hard to get this high-quality budget document produced on schedule despite a number of challenges," said Doug Menke, general manager. "The fact that the budget has moved through the process so smoothly attests to our staff's preparation and attention to detail. We look forward to formal adoption in June."
The $114.1 million figure represents THPRD's total budget for the 16-17 fiscal year, including the general fund (operating plus capital), projects funded by system development charges, and bond capital projects.
Budget prep underway for 2016-17
THPRD's budget, which serves as a financial plan, operational plan and operations guide for all district activities, is currently being prepared for the 2016-17 fiscal year, which begins July 1, 2016.
THPRD's budget, which serves as a financial plan, operational plan and operations guide for all district activities, is currently being prepared for the 2016-17 fiscal year.