HomeMy WebLinkAbout2002-05-21 - AGENDA REPORTS - FY 02 03 OPERATING CIP BUDGET (2)CITY OF SANTA CLARITA
INTEROFFICE MEMORANDUM
TO: yor Fe & Members of the City Council
FROM: s p, e ' ity Manager
DATE: May 21, 2002
SUBJECT: FISCAL YEAR 2002-2003 ANNUAL OPERATING BUDGET &
CAPITAL IMPROVEMENT PROGRAM
RECOMMENDED ACTION
City Council review and comment on the proposed fiscal year 2002-2003 Annual Operating
Budget and Five Year Capital Improvement Program.
BACKGROUND
On May 14, 2002 the City Council received the proposed 2002-2003 Fiscal Year Budget and
the 2003-2007 Five Year Capital Improvement Program. The proposed budget totals $117
million, which is a decrease of approximately $15 million or 11% less than the fiscal year
2001-2002 adopted budget.
Tonight, staff will provide the Council with an overview of the budget, including
appropriations, revenues, and department budgets that are comprised of proposed projects,
programs, and staffing for the upcoming fiscal year. In addition, staff will provide the
Council with an overview of the City's five-year Capital Improvement Program.
Staff will be available to answer any questions that may arise concerning the budget, or
the programs and projects represented therein.
KREG:
S\ms\eg\budget02-03\study session 5.21.doe
Agenda Item .a /.