City Budget & Financial Reports

2023 budget book cover sunshine through the trees on a trail

Lafayette's Budget is produced annually and serves as the foundation for the City's financial near-term planning. The level of budgetary control is established at the Fund level.

City Council may approve supplemental appropriations to the Budget throughout the year as opportunities or challenges arise, and the City Administrator may reallocate budget line items between departments within the same Fund.

Review the 2023 Budget Book

Annual Budget Process

  • Every June, Lafayette's annual budget process begins
  • In July, the department heads submit their initial funding requests, which align with City Council's strategic priorities
  • In Sept. and Oct., the proposed Budget is presented to City Council and residents
  • In November, the annual budget is adopted by Ordinance 

The process is led by the Budget Team: City and Deputy City Administrators, Finance Director, Accounting Manager, Senior Accountant, and Communications Director.

Watch the City Budget process video

City Budget Documents

  1. 2023 Budget (PDF)
  2. 2022 Budget (PDF)
  3. 2021 Budget (PDF)
  4. 2020 Budget (PDF)
  5. 2019 Budget (PDF)
  1. 2018 Budget (PDF)
  2. 2017 Budget (PDF)
  3. 2016 Budget (PDF)
  4. 2013 Budget (PDF)
  5. 2015 Budget (PDF)

Annual Comprehensive Financial Report

The Annual Comprehensive Financial Report is the City's annual financial report. This report is prepared in conformity with Generally Accepted Accounting Principles (GAAP) and is audited by an independent third party. State law requires that local governments issue audited financial statements by July 31 for the previous calendar year, with extensions available by request through Sept. 30.

Annual Comprehensive Financial Report Documents

  1. 2021 ACFR (PDF)
  2. 2020 ACFR (PDF)
  3. 2019 ACFR (PDF)
  4. 2018 ACFR (PDF)
  5. 2017 ACFR (PDF)
  1. 2016 ACFR (PDF)
  2. 2015 ACFR (PDF)
  3. 2014 ACFR (PDF)
  4. 2013 ACFR (PDF)
  5. 2012 ACFR (PDF)