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
2024 Preliminary Operating and Capital Budget
The 2024 Preliminary Operating and Capital Budget is live as of Friday, September 29, 2023!
Click here to access the digital budget book, where you can browse the different sections online, or print the book if you prefer.
The 2024 Preliminary Budget is accessible to anyone with a computer, iPad, or smartphone.
View the 2024 Preliminary Budget
2023 Operating and Capital Budget
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
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.