FY2025 Budget

FY2025 Budget

The Budget Process

City Manager J. Michael Joyal, Jr. presented his proposed fiscal year 2025 budget to the City Council on Wednesday, Feb. 14, 2024. The City Manager's budget incorporates the School Board's proposed budget, adopted by the School Board on Monday, Jan. 16, 2024. 

The FY2025 proposed budget can be viewed here: FY2025 Proposed Budget.

The proposed budget is $198,713,177, a 6.4% increase over the previous year. The General Fund portion of the budget totals $157,993,146, an increase of $8,432,880, or 5.6%.

As proposed, the budget exceeds the tax cap calculation for the General Fund by $2,110,950, with the School Board's recommended budget being $2,136,019 above the school side of the tax cap calculation, which is slightly offset on the city side being $25,069 below its half of the tax-cap calculation. At the Feb. 14 meeting, Joyal told the City Council the tax cap overage results from a $2,511,925 decrease in anticipated state education funding for FY2025. For the City Council to adopt the budget as currently proposed would require a two-thirds affirmative vote by the City Council as opposed to a simple majority.

Based on the average residential property assessment of $457,687, the estimated average  property tax bill, based on the proposed budget, is $9,040, an increase of $481, or 5.6%. The final tax rate for Fiscal Year 2025 will be certified by the New Hampshire Department of Revenue
Administration in the fall of 2024 once it has information on the adopted budget and taxable assessed property values.

The City Manager's Feb. 14 presentation and accompanying documents can be viewed below, as well as the budget schedule, and additional resources. This page will continue to be updated over the next several weeks as the City Council deliberates the proposed budget.


FY2025 Budget Presentation to the City Council, 2/14/2024


SCHEDULE OF CITY COUNCIL BUDGET MEETINGS AND WORKSHOPS

  • Feb. 28, 7 p.m.: Regular meeting, Public hearing on the school portion of the budget
  • March 6, 7 p.m.: Budget workshop, Police and Fire and Rescue departmental presentations
  • March 13, 7 p.m.: Regular meeting; The public can comment on the budget during Public Forum
  • March 20, 7 p.m.: Special meeting, Public hearing on the city portion of the budget
  • March 20, Following Special meeting, Workshop on Community Services and Recreation departmental budgets
  • March 27, 7 p.m.: Regular meeting; The public can comment on the budget during Public Forum
  • April 3, 6 p.m.: Budget workshop, followed by a special meeting for the adoption of the budget
  • April 3, 6 p.m.: Budget workshop, followed by a special meeting for the adoption of the budget
  • April 10, 7 p.m.: Regular meeting, which is also reserved as a fallback date for budget adoption, if necessary

All the above meetings and workshops will be held on Wednesdays in City Hall’s Council Chambers.


Budget Revealed newsletter

The City Manager's weekly newsletter, Budget Revealed, provides a host of information about the FY2025 budget process. Sign up for the newsletter here: bit.ly/doverdownload. Select "Budget Revealed" from the list of newsletters.







City Council budget workshop, 2/21/2024
(Schools, Executive, Finance, Library, Welfare, and DoverNet)

Budget documents presented at the Feb. 21 workshop

FY2025 Schedule of Fees, Proposed
History of Adequacy Aid, FY2013 through FY2025
Core Service Deliverables
FY2025 Human Resources Budget Notes
FY2025 Education Appropriations Summary
FY2025 Budget Presentation, Education
FY2025 Budget Presentation, Finance Department
FY2025 Budget Presentation, Public Library
FY2025 Budget Presentation, Welfare Department
FY2025 Budget Presentation, Information Technology


City Council, School Board preliminary FY25 budget discussions, 12/6/2023

As required by the City Charter, the City Council and School Board met on Dec. 6, 2023 for a preliminary budget discussion, which included the preliminary tax cap calculation. 

All budget documents presented to City Council


SCHOOL BOARD BUDGET PROCESS

The School Board is tasked with submitting to the to the City Manager, for inclusion in the annual proposed budget, its recommended budget amounts for revenue and expenditures for the next fiscal year of the various functions and funds of the School Department. By ordinance, the School Board must submit its proposed budget annually by Jan. 15.


School Board Special Meeting, 1/16/2024

The School Board adopted its fiscal year 2025 budget at a Jan. 16 special meeting.


School Board Budget Workshop, 1/8/2024

The School Board continued its review of its fiscal year 2025 budget at a Jan. 8 workshop. 


School Board Budget Workshop, 12/18/2023

The School Board continued its review of its fiscal year 2025 budget at a Dec. 18 workshop. 


School Board Budget Workshop, 12/4/2023

The School Board continued its review of its fiscal year 2025 budget at a Dec. 4 workshop. 


School Board Budget Workshop, 11/27/2023

School Department administrators, including school principals, provide the School Board with an an overview of their individual proposed budgets at the School Board Nov. 27 workshop. 


School Board Budget Workshop, 11/20/2023

Superintendent William Harbron and Business Administrator Michael Limanni gave a brief, initial overview of the School Department's FY2025 budget. The presentation included the significant drivers on both the revenue and expenditure sides of the FY2025 budget.