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.
FY 2017-2018 tax rates for Asheville citizens are:
City tax rate: $.4289 cents per $100 of assessed valuation.
County tax rate: $.539 cents per $100 of assessed valuation.
City School tax rate: $.12 cents per $100 of assessed valuation.
Not all City of Asheville residents pay the City School tax.
City of Asheville Assessed Valuation
2016-17 Assessed Valuation
Copies of the City’s budget documents are provided to citizens upon request.
FY 2018 Financial Reports
Tony McDowell, Budget and Finance Reporting Manager
Phone: (828) 259-5635
Taylor Floyd, Senior Budget Analyst
Phone: (828) 259-5592
Abigail Riley, Fire Financial Analyst
Phone: (828) 232-4581
Location: Asheville City Hall, 1st floor
Mailing: P.O. Box 7148, Asheville, NC 28802
Office Hours: Monday-Friday, 8:30 a.m.-5:00 p.m.