What are "funds" and why does the City have them?
The City receives revenues from many different sources. Most of them have restrictions on how they can be used. For example, money from the Federal Government (Community Development Block Grant or CDBG funds) must be used in low and moderate census track areas. Monies received through sewer fees must be used to operate and maintain the City’s sewer system. The General Fund is supported by taxes and fees and generally has no restrictions on their use.

Show All Answers

1. What is the City's total budget?
2. What is a City budget?
3. How is the City's budget developed?
4. What are "funds" and why does the City have them?
5. What is the General Fund portion of the City's budget?
6. What is an Enterprise Fund?
7. What is the difference between a department, a division and a program in the City's budget?
8. What is a property tax? What is the City's current property tax rate for operations?
9. How much does the average citizen pay based on the above tax rate?
10. What is the total sales tax rate in Fayetteville?
11. What is the total number of City positions?
12. What is a full-time equivalent position (FTE)?
13. What is the CIP (Capital Improvements Plan)?
14. What is the difference between the capital budget and the operating budget?
15. What are the responsibilities of the Budget & Information Management Division of the Finance & Internal Services Department?
16. How do I get involved in the budget process?
17. What is the population of Fayetteville?
18. What is the largest source of revenue for the City?
19. How do I get a copy of the city budget?
20. When was the 2022 Budget adopted?