The City's budget provides funding for major construction projects, including projects for building new facilities, improving our transit system, maintaining our roads and parks, purchasing major equipment, etc.

FY24 Proposed Operating Budget Cover

FY24 Adopted Budget

Executive Summary 

A comprehensive overview of the policies that guide the development and implementation of the annual budget. This document is designed to provide a quick understanding of the financing strategies of the City.

Operating Budget

Detailed information on the City’s anticipated spending needs for the upcoming fiscal year, beginning July 1 and ending June 30. It provides detailed discussions of revenues and appropriations for each department.

CIP Budget

The annual Capital Improvement Program (CIP) Budget is organized into sections based on functional areas, which include a brief description of the project, a financing plan and a map, if applicable.

Latest News

  • December 15, 2023

    Submit Applications for Nonprofit Community Organizations Grants

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  • October 20, 2023

    City Receives Award for Excellence in Budgetary Reporting

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  • July 31, 2023

    Grant Applications Now Accepted for Non-Profit Community Organizations

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  • May 9, 2023

    Virginia Beach City Council Votes to Adopt Revised FY2023-24 Budget

    City Council maintains lowest real estate and personal property tax rates in the region.
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Latest Articles

  • February 28, 2024

    Five Things to Know About the 2024/2025 Real Estate Assessments

    City Council was briefed about real estate values in Virginia Beach—here’s what it means for residents.

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  • February 12, 2024

    Community Members Offer Budget Ideas to City Council

    Residents’ input from Community Conversation event to be discussed at Council Retreat on Feb. 13.

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  • February 6, 2024

    From Intern to City Employee: A Local College Student Lands His Dream Job

    The City of Virginia Beach offers internships where undergraduate and graduate students can get hands-on experience working in local government.

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