Budget

2024-25 Budget

The Budget Management Department is responsible for directing the planning, development, and execution of the Town's annual operating and capital improvements budgets. 

The 2024-25 budget serves as the Town's financial and spending plan for the period July 1, 2024, through June 30, 2025. The document authorizes resources and establishes a direction for Wake Forest programs and services for the coming year.

 

2025-26 Proposed Budget Essentials

2025-26 Proposed Budget

2025-26 Town Manager's Budget Message

2025-26 Town Manager's Budget Presentation

2025-26 Budget Highlights

 

Public Hearing on 2025-26 budget set for May 20

Town Manager Kip Padgett presented the Fiscal Year 2025-26 budget to the Board of Commissioners for consideration on Tuesday, May 6.

Designed to reflect the goals and strategies outlined in the Town’s strategic plan, the budget will serve as the financial and spending plan for the period and, once adopted, authorize resources and establish a direction for Wake Forest programs and services for the coming year

The public is invited to view a digital copy of the proposed budget until Tuesday, May 20. On that date, a public hearing is scheduled during the regular Board of Commissioners meeting to receive public comment. The meeting begins at 6 p.m. in the Town Hall Board Chambers, 301 S. Brooks St. 

 

Final Budget Approval

Final budget approval by the Board of Commissioners is scheduled for the June 17 meeting.