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HomeMy WebLinkAbout2018-06-12 - AGENDA REPORTS - CHECKREG 10 (2)26.a Attachment: Memo - Check Register No. 10 (Check Register No. 10) Packet Pg. 296 26.a Attachment: Memo - Check Register No. 10 (Check Register No. 10) Packet Pg. 297 26.a Attachment: Memo - Check Register No. 10 (Check Register No. 10) Packet Pg. 298 27 Agenda Item: 27 CITY OF SANTA CLARITA AGENDA REPORT PUBLIC HEARINGS CITY MANAGER APPROVAL: DATE: June 12, 2018 SUBJECT: FISCAL YEAR 2018-2019 ANNUAL OPERATING BUDGET AND CAPITAL IMPROVEMENT PROGRAM DEPARTMENT: City Manager's Office PRESENTER: Kenneth W. Striplin RECOMMENDED ACTION City Council and City Council acting as Successor Agency to the former Redevelopment Agency of the City of Santa Clarita conduct a public hearing on the proposed Fiscal Year 2018-2019 Annual Operating Budget and Capital Improvement Program and schedule the budget for adoption at the June 26, 2018, City Council Meeting. BACKGROUND The Fiscal Year 2018-2019 budget process is a six-month effort that began in January. In addition to staff preparation, the City Council Budget Committee, which is comprised of Mayor Weste and Mayor Pro Tem McLean, reviews the proposed budget with the City Manager so that the City Manager can make a final recommendation to the entire City Council. The proposed budget was presented to the City Council along with the Planning Commission, the Parks, Recreation, and Community Services Commission, and the Arts Commission during the Joint Budget Study Session on May 7, 2018. On June 5, 2018, the Planning Commission made a finding by minute action that the Draft Fiscal Year 2018-2019 Capital Improvement Program is consistent with the City of Santa Clarita's (City) General Plan. Total Appropriations The Fiscal Year 2018-2019 Budget totals $203 million. This includes funding for the Capital Improvement Program, the Redevelopment Successor Agency, operations and maintenance, Fiscal Year 2018-2019 Budget represents a 2.6 percent increase, equivalent to $5.2 million. Page 1 Packet Pg. 299