FY23-Operating-Budget.pdf
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This FY23 Operating Budget document outlines the jurisdiction's financial plan for the fiscal year, including expenditures, revenues, and interfund transfers across multiple fund types such as General Fund, Special Revenue Funds, Tax Increment Financing Funds, and Enterprise/Utility Funds. The document provides a national economic overview, revenue forecasting methodology, and departmental budget allocations, including sections for agriculture and the Virginia Aquarium. The budget includes a section identifying requests that were not funded during the budget allocation process.
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This Annual Comprehensive Financial Report for the City of Virginia Beach covers the fiscal year ended June 30, 2022, and was prepared by the Department of Finance. The report includes government-wide financial statements, governmental and proprietary funds' financial statements, and fiduciary funds' statements, along with detailed notes on accounting policies, capital assets, long-term debt, investments, and risk management. The City Manager, Mayor, and Members of City Council are acknowledged for their support in maintaining the city's financial position. The document comprises 394 pages and includes a Certificate of Achievement for Excellence in Financial Reporting.
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