The FY27 Budget Process
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Every year, the Lexington-Fayette Urban County Government creates and approves a new budget. The one-year period that businesses and governments use for financial reporting, accounting, and budgeting is called the Fiscal Year. For LFUCG, the Fiscal Year starts July 1 and ends June 30 of the following year. Therefore, Fiscal Year 2027 (FY27) will begin on July 1, 2026 and end on June 30, 2027.The new fiscal year budget must be adopted by the Urban County Council by June 15. A key component of the budget process is public engagement – an opportunity for residents and community members to share their input. There are several ways to participate!
Public comment will be heard in person at the Mayor’s Budget Hearing on Thursday, May 14, 2026, at 6 p.m. or at any Council Work Session or Council Meeting during the budget process. We are also offering a public input survey below. We encourage all residents and community members to participate in sharing their priorities with us!

Interested in previous feedback? Check out "What We Heard"!
Page last updated: 23 Mar 2026, 02:54 PM