City of Mineral Point has resumed its mask policy: Based upon guidelines recommended by the Iowa County Health Services on August 5, 2021 and as updated on August 9, 2021, regarding HIGH transmission of the Delta variant of COVID-19, the City of Mineral Point is requiring face masks when visiting City buildings beginning on August 9, 2021.  

TEST TW WEATHER

BUDGET

What is a budget?

A budget is the city's yearly revenue and expenditure plan. However, it is much more than a financial document. It is one of the central policies adopted by the Common Council each year with the aim of responsibly stewarding city resources and effectively providing city services. There are three major budgets:

  • Operating budget (day-to-day expenses, wages, utilities, purchases of items intended to last less than a year)
  • Capital budget (infrastructure, city property, long-term equipment purchases)
  • Water/Sewer Utility budget (this is run as an enterprise fund)

An enterprise fund is a self-supporting government fund that sells  services to the public for a fee.

How is the budget developed?

The city's budget is created in conjunction with the Common Council, the Mayor, city staff, and the public considering the fiscal and policy goals for the upcoming year.