City of Franklin, TN
Home MenuFY 2025 Budget Development
Annual Operating & Capital Budget Development
The City of Franklin's Annual Operating and Capital Budget Process for Fiscal Year 2025 has begun!
The budget for the Fiscal Year - which runs from July 1, 2024 through June 30th, 2025 - provides the vital resources necessary to deliver the services relied upon by Franklin citizens, taxpayers and ratepayers. Many facets of the community’s daily life are impacted by municipal government. Whether it is maintaining the roads or drainage system, responding to an emergency, enforcing building and zoning codes, or providing a park for children to play in, the City of Franklin is directly involved in the quality of life for local citizens. The annual budget reflects the quality of life, development policies and service level priorities of the Board and the citizens of Franklin.
In December & January, City staff outlines budget goals and a schedule for the upcoming fiscal year. During February and March, departments will meet and be interviewed by the Budget and Finance Committee. Budgets will be finalized in late April, and the City Administrator will present a comprehensive Operating and Capital Budget request for submission in early May. The budget will be approved in accordance with Tennessee Codes Annotated (T.C.A.) in three successive meetings at the end of May and throughout June.
This page is designed to provide citizens one central access to all budget materials reviewed by Budget & Finance Committee at their meetings from December through May. Committee meetings are held on Thursday Afternoons at 3pm in the Board Room of City Hall, 109 Third Avenue South. All are encouraged to attend or watch via the City's Public Information and Access channels.
Meeting Schedule and Materials:
Materials will be posted here in advance of the respective Budget & Finance Committee meeting.
Budget & Finance Committee
December 7, 2023: Budget Goals
January 11, 2024: Revenues, Development Fund Budgets, Hotel Motel Budget, Debt Service Budget
February 8, 2024: Public Safety Program Area, Governance & Management Program Area
February 15, 2024: Finance & Administration Program Area
March 7, 2024: Community & Economic Development Program Area
March 21, 2024: Public Works Program Area, Miscellaneous General Fund Budgets, Cool Springs Conference Center
April 11, 2024: Prioritization of Requests, Transit Fund, Water Management Fund
- BOMA Prioritization of Program Enhancement Requests
- Detailed Prioritization Sheets
- Transit Fund
- FY 2025 Public Works
May 9, 2024: City Administrator's Budget Recommendation