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FROM: ASSISTANT CITY MANAGER/CITY CLERK
DATE: MARCH 7, 2006
SUBJECT: BUDGET MEETING SCHEDULE FOR FY 06-07
Select two dates in mid April to early May for the City Council budget review sessions (only one date may be necessary).
Last year, the City Council conducted a series of public budget policy workshops and budget review sessions in the course of preparing the current two-year budget document covering FY 05-06 & FY 06-07. Typically during the first year of the two-year budget cycle, the Council holds one or two budget policy workshop in late March or early April and then holds one or two public budget review sessions in May to review the draft budget document. Then, as required by the Municipal Code, the Council holds one or two (typically only one is necessary) public hearing(s) in June, prior to adopting the budget for the next fiscal year. While the existing budget document includes estimated revenues and proposed expenditures for both Fiscal Years 05-06 and 06-07, the Council has only adopted the budget for the current fiscal year (FY 05-06). The budget for FY 06-07 is shown as “proposed” in the two-year budget document.
During the second year of the two-year budget cycle, the process is much more abbreviated because only minor adjustments are generally made to the budget document through the preparation of a budget addendum. Typically, the City Council holds one budget review session in late April or early May, followed by one public hearing in June to adopt the second year budget.
Below are five suggested dates for the budget review sessions, three Saturdays and two Tuesdays prior to a regular Council meeting (6:00 pm to 7:00 pm). Council might want to hold the longer Saturday session first and hold it immediately following the Spring Community Leaders’ Breakfast, which typically ends around 11:00 am. If a second session is needed, it may be more appropriate on a Tuesday evening before a regular Council meeting.
Saturday, April 22nd
The proposed public hearing date for the adoption of the FY 06-07 budget is tentatively scheduled for the June 6 or June 20, 2006 City Council meetings, depending on when the budget review session(s) are conducted.