Budget

Welcome to the online home of the Town of Lexington Budget.

The budget process is one of the most cumbersome yet important tasks that the community faces annually. Prioritizing what is distributed where affects everyone within the community, and it is important that everyone feels enfranchised in an open and collaborative process.

FY2020 Budget Information

Financial Summit I - October 22, 2018

Financial Summit II - December 6, 2018

Financial Summit III - January 31, 2019

Financial Summit IV - February 13, 2019

If necessary

 

 

FY2020 Budget Calendar

August 2018

  • Issuance of Capital and Operating Budget Guidelines

October 2018

  • Summit I - Financial Indicators & Projections - October 22
  • Discuss Budget Guidelines and Drivers
  • Town Manager Review of Capital Budget requests

November 2018

  • Town Manager Review of Operating Budget Requests
  • Municipal Budget Workshops with Selectmen     

December 2018

  • Summit II - Revenue Allocation - December 6

January 2019

  • Submittal of FY2020 Superintendent's Recommended Budget to SC
  • School Committee Hearings on Budget 
  • Submittal of FY2020 Town Manager's Preliminary Budget to BOS - January 28
  • Summit III - Review of FY2020 Town Manager's Preliminary Budget - January 31

February 2019

  • Summit IV - If Necessary
    Comment and Budget Deliberations - February 13
  • Board of Selectmen Vote on the FY2020 Recommended Budget 
  • Budget Decisions and Deliberations Concluded

March 2019

  • FY2020 Recommended Budget submitted to Town Meeting - March 1
  • Municipal Election - March 4
  • Town Meeting Commences - March 25
  • Budget Presentations by Town Manager  and Superintendent
  • Town Meeting Begins Budget Deliberations
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