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HomeMy WebLinkAbout2009-05-05 - AGENDA REPORTS - FY 09 10 BUDGET (2)CITY OF SANTA CLARITA INTEROFFICE MEMORANDUM TO: or F and Members o ,the City Council FROM: 'en s amp, Ci Manager DATE; May 5, 2009 SUBJECT: FISCAL YEAR 2009-2010 BUDGET RECOMMENDED ACTION City Council receive a presentation on the state of the budget, including the budget message, the City's fiscal status and outlook. BACKGROUND Each year the City goes through a budget process to develop the annual budget. The process is about six months, usually beginning in January and culminating in June with the adoption of a balanced annual budget. The budget process involves the City Council, the Executive Team, all City departments, and the community. Information on the budget process is being presented to the Council for review and discussion. KRP:.TH : cf S:\MS\Budget\Budget09-10\5-5-09 Study Session memo.doc J