A city budget refers to a financial plan that outlines the estimated revenue and expenditure of a municipality or local government for a specific period, usually one year. It serves as a tool for managing finances and allocating resources to various programs, projects, and services within the city. The budget includes details on how funds will be raised through taxes, fees, and other sources, as well as proposals for spending that money on public works, law enforcement, education, social welfare, transportation, and other areas of concern to residents. It is a crucial document in the decision-making process of city officials, providing insight into their priorities and goals for improving the quality of life within the community.