Budget and Financial Reporting Division
The Budget and Financial Reporting Division consists of two sections – the Office of Management and Budget and Financial Reporting. The Office of Management and Budget plans, prepares and monitors the City's operating and capital budgets; reviews the efficiency of City activities and provides assistance to other departments in management, planning and evaluation. The Financial Reporting section maintains and preserves the City's financial records and delivers support and other services to City departments. This is accomplished by adhering to state statutes, federal mandates, governmental accounting standards, financial accounting standards and generally accepted accounting principles.
The Office of Management and Budget coordinates with departments on performance measures as a part of the budget process. The Office of Management and Budget also coordinates the city's participation in the North Carolina Local Government Performance Measurement Process. This office also prepares and monitors the Annual Operating Budget and the city's six-year Capital Improvements Program, and performs fees and charges studies and updates. The Office of Management and Budget serves as a public resource to provide information to citizens on budget issues and taxes. The Financial Reporting section manages the City's financial reporting, general ledger, grant compliance and reporting, and fixed asset system.
Current tax rates for Asheville citizens are:
City rate: $.475 per $100 of assessed value
County rate: $.604 per $100 of assessed value
City Schools: $.15 per $100 of assessed value
City of Asheville Assessed Valuation
Public Srv. Cos.
Total Assessed Value
2015-16 Assessed Valuation
Fiscal Year 2016-17
Fiscal Year 2015-16
Fiscal Year 2014-15
Fiscal Year 2013-14
Fiscal Year 2012-13
Fiscal Year 2011-12
Fiscal Year 2010-11
Fiscal Year 2009-10
Fiscal Year 2008-09
Copies of the City’s budget documents are provided to citizens upon request.
FY 2016 Financial Reports
Quarter I - Financial Report
Quarter 2 - Financial Report
Quarter 3 - Financial Report
Asheville, NC 2013: A Community Crossroads
Asheville, NC 2010: A Financial Crossroads - Presented 1/20/2010
Tony McDowell, Budget and Finance Reporting Manager
Location: Asheville City Hall, 4th floor
Mailing: P.O. Box 7148, Asheville, NC 28802
Office Hours: Monday-Friday, 8:30 a.m.-5 p.m.
Phone: (828) 259-5635