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The FY27 Budget was approved.
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 community feedback? Check out "What We Heard" in the budget survey!
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 community feedback? Check out "What We Heard" in the budget survey!
Share LFUCG Budget Priorities on FacebookShare LFUCG Budget Priorities on X (formerly Twitter)Share LFUCG Budget Priorities on LinkedinEmail LFUCG Budget Priorities link
Every February, the Mayor and Administration meets with Council Members to informally discuss their financial priorities for next year. This information helps the Mayor draft a proposed budget that will be presented in April.
Mayor's Budget Address - 04/14/2026
The FY27 Budget Process has finished this stage
At the beginning of Council's Work Session on Tuesday, April 14, Mayor Gorton will give the Annual Budget Address. This is where the Mayor proposes a draft FY27 budget to Council Members for their consideration. The Mayor's proposed budget then serves as a starting point for Council Members to recommend any changes or amendments.
Link Meetings
The FY27 Budget Process has finished this stage
After the Mayor's Proposed Budget comes out, Council Members meet in groups of three called "Links" to review budget items. They speak with various city departments about funding priorities and any needs that may not have been addressed in the Mayor's proposal.
Committee of the Whole - 04/21/2026
The FY27 Budget Process has finished this stage
Council Members meet for their first Committee of the Whole on April 21. In this meeting, Council Members will begin their discussions about next year's budget and discuss any business ahead of their link conversations.
Link and Council Recommendations Due - 05/13/2026
The FY27 Budget Process has finished this stage
By May 13, each Link group and Council Member must finalize and submit all their budget amendment requests. These requests will be reviewed and discussed by the entire Council at their upcoming Committees of the Whole.
Public Hearing on Mayor's Proposed Budget - 05/14/2026
The FY27 Budget Process has finished this stage
On May 14, members of the public were encouraged to give public input on the Mayor's Proposed Budget.
Committee of the Whole - 05/26/2026
The FY27 Budget Process has finished this stage
On May 26, Council Members reported out their link discussions.
Committee of the Whole - 05/28/2026 (CANCELED)**
The FY27 Budget Process has finished this stage
Council Members were scheduled to meet again on May 28. However, the Council completed making amendments to the Mayor's Proposed Budget during the May 26, 2026 Committee of the Whole meeting.
Budget First Reading - 06/04/2026
The FY27 Budget Process has finished this stage
At this meeting, the budget received its first reading. Each piece of legislation is required to be read before Council twice before being adopted.
Budget Second Reading - 06/09/2026
The FY27 Budget Process has finished this stage
At this meeting, the FY27 Budget received its final reading and final approval by Council.
FY27 Budget Begins - July 1, 2026
The FY27 Budget Process is currently at this stage
The FY27 annual budget went into effect on July 1, 2026.
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.
