The City of Fairview, in accordance with Oregon's Local Budget Law (ORS 294.305 to ORS 294.565) adopts a new budget each fiscal year. The fiscal year covers July 1 - June 30. The budget process is as follows:
The City Budget Committee also acts as the Urban Renewal Agency Budget Committee. They follow the same budget process outlined above, except they recommend proposals to the Urban Renewal Agency and the Urban Renewal Agency adopts the budget.