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HomeMy WebLinkAbout4.7 - 1776 FY 2018-19 Budget Calendar Page 1 of 1 STAFF REPORT CITY COUNCIL DATE: January 9, 2018 TO: Honorable Mayor and City Councilmembers FROM: Christopher L. Foss, City Manager SUBJECT: Approval of Calendar for Development of Fiscal Years 2018 -19 and 2019- 20 Budget Prepared by: Colleen Tribby, Director of Administrative Services EXECUTIVE SUMMARY: The City Council will consider approval of a calendar of key dates to guide the development of the City’s Fiscal Years 2018-19 and 2019-20 Budget Update. STAFF RECOMMENDATION: Approve the budget calendar. FINANCIAL IMPACT: Approval of the budget calendar does not result in any direct fiscal impact. DESCRIPTION: The City Council is required to adopt an annual budget and accompanying documents before the July 1 start of the new fiscal year. Staff proposes the following schedule of key dates guiding the Fiscal Years 2018-19 and 2019-20 budget process: Budget Study Session - March 20, 2018 Budget Adoption - May 15, 2018 NOTICING REQUIREMENTS/PUBLIC OUTREACH: None. ATTACHMENTS: None.