FY2018 Budget Work
GENERAL BUDGET CONSIDERATIONS
Laws, Comptroller and Local Policies, and Best Practices in the Budget Process
County budgetary process is outlined in the Tennessee Code Annotated:
- TCA 5-15-101 et al County Budgeting Law of 1957
- TCA 5-9-101 et al General Appropriations Laws
The County has further adopted three (3) overall governing policies which guide budgeting and financial management:
Work begins on the FY18 budget with the requests for operational and capital budgets from each elected official and department. These requests go out in early January and signal the beginning of the new budget cycle.
Each year the Roane County Accounting Department prepares a capital report and a debt report to present to Commission and the public. These reports show practical application of the Capital Projects Policy and the Debt Management Policy.
- FY2016 – Debt Report
- FY2017 – Debt Report
- FY2018 – Debt Report
- FY2016 – Capital Report
- FY2017 – Capital Report
- FY2018 – Capital Report
Further policies and legal resolutions include:
- Annual appropriations resolution: lists the three main policies noted above along with a host of other minor financial policies
- Tax resolution: sets the annual tax rates for the county
- Non-profit resolution: itemizes the funds granted to non-profits
Other supporting documents which are used to adopt the annual budget and/or are required by the Comptroller’s Office are:
- Operational Statement
- Assessment of Property
- Tax Levy
The county publishes a Budget Reference Book which is a detailed budget with written descriptions of revenues, fund operations and services provided.
FISCAL YEAR 2018 BUDGET WORK
Information regarding the start of the FY18 budget work was presented to the Roane County Commission on June 22nd:
Tentative Budget Committee Meetings for FY18
| DATE | DAY | TIME | FUNDS | MINUTES |
|---|---|---|---|---|
| Mar 16th | Thurs | 6:00 pm | 151,152,156 | Budget Committee Minutes 03-16-17 |
| Mar 23rd | Thurs | 6:00 pm | 171 overview, 300s, 264, 266 | Budget Committee Minutes 03-23-17 |
| Mar 28th | Tu | 6:00 pm | 116, 118, 123, 171- AMB, CCC, RCY | Budget Committee 03-28-17 |
| Apr 18th | Tu | 6:00 pm | 131 & 176 (HWY); 101,122 & 171 (Sheriff) | Budget Committee Minutes 04-18-17 |
| Apr 24th | Mon | 6:00 pm | 121 (Fire & Animal Cntrl), 101 (OES), 171- VEH, CHJ, BAL, OES, HSG, TEQ, All subfunds with balances and Needs. | Budget Committee Minutes 04-24-17 |
| May 12th | Fri | 9:00am | Elected Officials, 204 Wasterwater, Revenues | Budget Committee Minutes May 12, 2017 |
| May 30th | Wed | 6:00 pm | Department Heads, Nonprofit, Revenues | Budget Committee Minutes May 30, 2017 |
| May 31st | Wed | Filing Deadline for June Commission | ||
| June 12th | Mon | 7:00 pm | June Commission Meeting | |
| June 15th | Thurs | 6:00 pm | School Budget | Budget Committee Minutes 06-15-17 |
| June 22nd | Thurs | 6:00 pm | Budget Public Hearing | Budget Committee Minutes 06-22-17 Public Hearing – Commission Workshop |
| June 28th | Wed | Filing Deadline for July Commission | ||
| July 10th | Mon | 7:00pm | July Commission Meeting |
TENTATIVE BUDGET COMMITTEE MEETING
TBD: Public Hearing on the FY18 Budget will occur before the Commission votes on Budget
TBD: Final Budget Committee meeting to vote on final budget recommendations to Commission following the Public Hearing
Other meetings will be set as needed and as schedules of Budget Committee members allow.
**This is a TENTATIVE schedule of meetings. All meetings will be publicly announced in the Roane County News and will be posted on the Upcoming Meetings/Events page of the county website.**