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HomeMy WebLinkAbout2004-05-04 - AGENDA REPORTS - FY 04 05 DEPT OVERVIEW (2)CITY OF SANTA CLARITA INTEROFFICE MEMORANDUM TO: Mayor Kellar, Councilmembers, and the Santa CCClarita Redevelopment Agency FROM: Ken Pulskamp, City Manager DATE: May 4, 2004 SUBJECT: PROPOSED FISCAL YEAR 2004-2005 ANNUAL BUDGET — DEPARTMENT OVERVIEW RECOMMENDED ACTION City Council/Redevelopment Agency review and comment on the proposed Fiscal Year (FY) 2004-2005 Annual Budget and Five -Year Capital Improvement Program. BACKGROUND At the April 20, 2004 City Council Study Session, staff presented an overview of the proposed fiscal year 2004-05 Annual Budget and Capital Improvement Program. Council also received information on the State's budget problems and issues staff dealt with in developing the draft budget. The draft proposed budget totals $119,600,500, with a proposed Capital Improvement Program of $27.5 million and operating budget of $92 million. The General Fund budget is proposed to be funded at $63.5 million, a 6% increase from the adopted FY 2003-04 budget. Tonight, staff will go through each department's budget in detail, including information on any new programs or projects that are being proposed for next fiscal year. KP:BB:srl:hds Sdalldei, s\Wdget04-05\study scs em/study session agenda item 5-4-04. doc Agenda Item: