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HomeMy WebLinkAbout1998-05-26 - AGENDA REPORTS - 1996 1999 FY BUDGET SESSION (2)CITY OF SANTA CLARITA INTEROFFICE MEMORANDUM k TO: Mayor Heidt & City Council Members FROM: George Caravalho, City Manager w ZZ, DATE: May 26, 1998 SUBJECT: 1998/99 FISCAL YEAR BUDGET SESSION RECOMMENDED ACTION City Council review and comment on the proposed 1998-99 Fiscal Year Budget and 1999-2003 Five-year Capital Improvement Program. BACKGROUND On May 12, 1998, the City Council received for review the proposed 1998-99 Fiscal Year Budget and the 1999-2003 Five-year Capital Improvement Program. The proposed $89.2 million budget includes more than $29 million in proposed capital projects. Staff will provide the Council with an overview of the budget, including proposed projects, programs, and staffing for the upcoming fiscal year. Staff will be available to answer any questions that may arise concerning the budget, or the programs and projects represented therein. An additional Budget Session has been scheduled for Tuesday, June 2, 1998, at which time staff will provide more detailed information regarding departmental budgets and additional time to respond to the Council's questions. pez budgeAccss526 doc