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HomeMy WebLinkAbout1990-05-15 - AGENDA REPORTS - PROPOSED BUDGET (2)CITY OF SANTA CLARITA I N T E R O F F I C E M E M O R A N D U M TO: Honorable Mayor Members of the City Council FROM: George A.Carava City Mana er DATE: May 15, 1990 SUBJECT: COUNCIL STUDY SESSION - 1990-91 PROPOSED BUDGET BACKGROUND On May 8 the City Council was presented with and received an overview of the proposed 1990-91 budget. At this time, in order to begin the review process, the Council is scheduled to address the Administrative Services, Finance and General Services, Non -Departmental Reserve and Community Development sections of the budget. In addition to the review of appropriations, estimated revenue by line items will be discussed. It should be noted that with the 1990-91 budget the City has reached a point where revenues match expenditures. To increase appropriations, it will require that we discover additional revenue sources or look to reserves for funding. RECOMMENDATION That the City Council review the appropriate sections of the budget and continue to the Study Session of June 6 for further discussion. GAC:tm:hds Agenda Item: