HomeMy WebLinkAboutItem 4.13 Budget & Financial Plan Calenda
STAFF REPORT CITY CLERK
File #330-20
CITY COUNCIL
DATE:January 19, 2016
TO:
Honorable Mayor and City Councilmembers
FROM:
Christopher L. Foss, City Manager
SUBJECT:
Approval of the Calendar for Development of the FY 2016-17 and FY 2017-18
Budget and Financial Plan.
Prepared by Lisa Hisatomi, Assistant Administrative Services Director
EXECUTIVE SUMMARY:
The City Council will consider approval of a calendar of key dates to guide the development of
the City’s FY 2016-17 and FY 2017-18 Budget and Financial Plan.
FINANCIAL IMPACT:
Approval of the budget calendar does not result in any direct fiscal impact.
RECOMMENDATION:
Staff recommends that the City Council approve the budget calendar to guide the development
of the City’s FY 2016-17 and FY 2017-18 Budget and Financial Plan.
Submitted By Reviewed By
Administrative Services Director Assistant City Manager
DESCRIPTION:
Each year, the City Council is required to adopt an annual budget and accompanying
documents before the July 1 start of the new fiscal year. There are several key dates leading to
the budget adoption that require input from the City Council and City Commissions. With that in
mind, Staff proposes the following schedule:
Budget Study Session – March 15, 2016
Staff will provide the City Council with an overview of, and seek the City’s Council’s
direction in the preparing of, the preliminary FY 2016-17 and FY 2017-18 Budget and
Financial Plan, an update of the City’s 10-year General Fund forecast, and proposed five-
year Capital Improvement Program (CIP).
ITEM NO. 4.13
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Commissions Review of Proposed CIP Projects – April to May 2016
Budget Adoption – May 17, 2016
ATTACHMENTS:
None.
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