The Town develops an annual operating budget to pay for a wide range of municipal services including fire and emergency services, roads and parks maintenance, solid waste, policing, and library services. The Town also prepares multi-year capital budgets which fund capital infrastructure replacement and renewal, and other capital priorities as determined by Town Council. The annual operating budget determines the revenues required from property taxation which are then used to set final tax rates.
In March 2017, Town Council approved the 2017 budget:
The Town of Prescott keeps updated financial records. You can find more information by visiting our Financial Statements page.