TO:
Honorable Mayor and Members of the City Council
THROUGH:
John Jalili, Interim City Manager
FROM:
Bruce Moe, Finance Director
Eden Serina, Financial Analyst
SUBJECT:Title
Budget Process for Fiscal Year 2014-2015 (Continued from the December 3, 2013, City Council Meeting) (Finance Director Moe).
DISCUSS AND PROVIDE DIRECTION
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Recommended Action
RECOMMENDATION:
Staff recommends that the City Council discuss the budget process for fiscal year 2014-2015 and provide direction.
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FISCAL IMPLICATIONS:
There are no fiscal implications associated with the recommended action.
BACKGROUND:
The City Council's Strategic Plan includes a goal that the City Council be provided options for reviewing and revising the City budget consideration and adoption process. This goal was generated out of a desire to receive earlier input by the City Council into the content of the budget. This report provides information on current budget development methods, describes recommended changes to increase public engagement, and provides the City Council the basis for discussion of the budget process for fiscal year 2014-2015.
DISCUSSION:
Constructing the City's annual budget is a process that starts in January with a staff budget kickoff meeting and culminates with the adoption of the budget by the City Council, generally at the first City Council meeting in June. During that five month process, staff analyzes current year revenue and expenditure trends, develops program needs, reviews personnel rosters, develops program narratives for the budget document and creates detailed descriptions of each program expense which are input into the financial system for proper documentation. A schedule of events is created at the outset to guide the process (see Attachment #1 - Budget calendar for FY 2014-2015).
The Proposed Budget has traditionally been presented for City Council review in May, at wh...
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