The Finance Department serves the City of Newcastle by providing the accounting, budgeting, and financial management support which is key to the daily operations and long term decision-making for the city. Our responsibilities include:

• Assisting the City Manager and City Council in development of annual budgets
•  Forecasting revenue and expenditures for financial planning
•  Monitoring actual revenue and expenditures vs. adopted budgets
•  Accounts payable and receivable and payroll
•  Serving as the liaison with the Office of the State Auditor
• Managing the city's fund balances and investments
•  Business licensing and registration of solicitors and alarm monitoring companies

The 2023 Operating and Capital Budget was adopted on November 15, 2022. The City Council’s adoption of the 2023 budget was the final step in its development, providing legal authority for the City to continue its operations and capital improvement program. Multiple public hearings, citizen testimony, and careful deliberation of the budget was considered. The August 27, 2022, budget retreat was the beginning of the budget process, opening the initial dialog and fostering a transparent and collaborative approach to the budget. Staff and City Council worked in earnest to ensure that the continuity of City services and the resources necessary are allocated in the best interest of the City.

The 2023 adopted budget is transparent to anyone with access to a computer, iPad, or smartphone.

View the 2023 Budget 

City of Newcastle Honored for 2021 Budget Presentation

The City of Newcastle’s Finance Department received the Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada (GFOA) again! This award reflects the commitment of the city and staff to meeting the highest principles of governmental budgeting.

The Finance Department staff is dedicated to providing a full accounting of tax dollars. The annual budget serves as an important tool in managing the city's finances.

Where Do Our Sales Taxes Go?

Have you ever wondered exactly where your sales taxes go, or why your jurisdiction’s rate differs from others? The Municipal Research and Services Center offers tips, tools and information about all things sales taxes. Learn more here.