Racine

Finance Department

The Finance Department works with the Mayor’s Office to prepare the annual budget, manage and oversee the City’s daily financial operations to ensure they align with approved appropriations and policies, evaluate the potential fiscal effects of proposed City policy initiatives, and assess the likely impact of both enacted and proposed Federal and State laws, regulations, and administrative codes.

Choose Services

Budget

Proposed Budget

Capital Improvement

Audited Financial Statements

Single Audit Reports

Accounts Payable And Receivable

Payroll

Purchasing

Quick Navigation

Proposed Budget

Information

We are currently working on the 2027 City of Racine budget, if you would like to follow along all of the meeting dates are posted below and open to the public.

All meetings will be shown live on YouTube. Recordings are generally available by the following morning and can be watched online at any time.

Please note the Public Hearing period is on October 14, 2026 at 6:00 p.m. If you would like to come and address the Common Council about the City Budget this is the best opportunity to be heard by the entire Council. You may of course contact your Alderman directly at any time.

Monday, October 05
Mayor Mason Budget Address
Address Budget Introduction

Tuesday, October 06
Council Meeting
Budget Overview – Kathleen Fischer

Monday, October 12
Finance and Personnel Committee
Committee of the Whole
Department Presentations #1

Tuesday, October 13
Public Works and Services Committee
Committee of the Whole
Department Presentations #2

Wednesday, October 14
Public Safety and Licensing Committee
Committee of the Whole
Department Presentations #3/Public Hearing

Thursday, October 15*
Committee of the Whole
Overflow/Flex Date (if necessary)

Monday, October 19
Committee of the Whole
Budget Amendments Debated and Voted

Tuesday, October 20
Council Meeting
Final Budget Adoption

Operational Budget

The General Fund is the City’s operationsThe fact or condition of functioning or being active. fund and supports services provided by the City. Other funds support specific services through grants or user charges.

Capital Budget

The capital budget provides funding for the City’s major construction projects including building new facilities, improving our transit system, maintaining our roads and parks, and purchasing major equipment. The Capital Improvement Plan lays out anticipated projects for the next five years.