The City of Newberg's annual budget year is July 1st through June 30th. The budget is adopted by the City Council before or on June 30th of the prior fiscal year. The adopted budget is in compliance with Oregon Budget Law.
The orginal budget may be changed during the course of the fiscal year through the supplemental budget process. Changes are adopted by the City Council at a public meeting, posted and noticed in the Newberg Graphic newspaper.
Each budget reflects the prior year's budget, and two prior year's actual audited accounting.