Publications & Reports

ANNUAL CITY BUDGET

The City Budget is the annual financial plan for the city. The Budget articulates public priorities; helps management make informed choices about the allocation of resources; promotes effective communication; and establishes broad goals and management strategies to guide decision making; and develops approaches to achieve those goals.

Budget Amendments

The Oviedo City Council adopts a budget each fiscal year.  The Oviedo City Council may amend the budget anytime during the fiscal year or within sixty (60) days following the end of the fiscal year. If the Oviedo City Council adopts a budget amendment which increases or decreases the total appropriations of a fund, state statute requires the adopted budget amendment be posted on the City’s website.

Annual Comprehensive Financial Report (ACFR)

The ACFR is the city’s complete accounting of "net worth" and the official annual report of a government. It became mandatory by Federal requirement for all local governments in 1978 to complete a ACFR each year. The ACFR is a statement of revenues and expenditures for all funds and also includes changes in fund balance, both budget and actual (for government fund types); changes in retained earnings (for proprietary funds); and changes in financial position (for proprietary funds). The ACFR includes a comparison of budget to actual, which usually will show how well the budget was followed during the year.

Fee Schedule

Resolution No. 3494-17 establishes the FY 2017-2018 administrative fee schedules for Administrative, Development Services, Public Safety, and Recreation and Parks Fees.  It also repeals all previous fee schedules. However, it does not affect the Utility Rate Schedule establishing the consumption and services account fees for Water, Wastewater, and Reclaimed services.