The City of Bloomfield runs on a fiscal year that begins July 1st and ends on June 30 of each year. The fiscal year is named for the year in which it ends. For example, the fiscal year that runs from July 1, 2023 to June 30, 2024 is referred to as fiscal year 2024. It is also commonly referred to as FY24.
The city typically begins the formal budgeting process during the first meeting of each new year. Through a series of workshops and regular council meetings the proposed budget is formed during January and February.
The budget must be presented at a public hearing, formally adopted by the council and sent to Davis County on, or before, March 15 of each year.
This year’s budget is available as a PDF here: Bloomfield FY24 Budget
The Iowa Department of Management archives all city budgets on its website. Please visit this website to search for and view Bloomfield’s historical budgets.
Iowa Department of Management: Adopted City Budgets