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HomeMy WebLinkAbout1990-03-27 - AGENDA REPORTS - BUDGET STUDY SESSION (2)• • AGENDA REPORT City Manager Approval Item to be presented by: NEW BUSINESS George Caravalho DATE: March 27, 1990 SUBJECT: FISCAL YEAR 1990-91 BUDGET STUDY SESSIONS DEPARTMENT: City Manager BACKGROUND: The annual budget process is once again upon us. The various City departments are now beginning to develop their budget requests for fiscal year 1990-91. Budget preparation instructions and calendars have been distributed to the departments so that the proposed 1990-91 budget can be presented to City Council at the first regular Council meeting in May. The budget calendar is attached for reference. In order to meet the deadlines established by the budget calendar and have an adopted budget by June 26, 1990, the Council needs to establish the dates for the budget review study sessions. Dates for study sessions need to be set for the months of May and June. Council may wish to establish three to four dates for such purpose. RECOMMENDATION: Establish dates for budget review study sessions. ATTACHMENT: 1990-91 Budget Calendar -Continued To: q� Agenda Item: DATES January,31, 1990 February 21, 1990 February 28,.1990 March 15, 1990 April 2-13, 1990 April 20, 1990 April 27, 1990 April 30, 1990 May 8, 1990 To be determined To be determined June 12, 1990 June 26, 1990 July 1990-91 BUDGET CALENDAR ACTIVITIES • 1989-90 YTD expenses completed by Finance. • COLA recommendations due from Personnel. • Budget calendar, estimate forms and instruc- tions distributed to each Department Head. • Budget instructions reviewed with Department Heads. • Budget workshop with Council. • Personnel costs calculated by Budget Officer. • Departments prepare estimates of expenditures and revenues for 1990-91 budget and submit to City Manager. • City Manager and staff meet with departments to review budget estimates and finalize budget. • Department Heads prepare changes and resubmit budgets. • Budgets revised and returned to Department Heads. • The preliminary budget and budget message pre- pared and reproduced. • Budget to printer: • Preliminary budget and budget message pre- sented to City Council. • Budget study session. • Budget study session. • City Council conducts public hearing and its own review of budget (including CDBG hearing). • City Council adopts budget, passes appropria- tion resolution and Gann Limit (Prop. 4) reso- lution. • Adopted budget prepared and reproduced for dis- tribution. • Budget debriefing meeting with Department Heads and City employees.