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HomeMy WebLinkAbout2010-02-02 - AGENDA REPORTS - FY 2010 2011 BUDGET (2)Agenda Item 1 CITY OF SANTA CLARITA INTEROFFICE MEMORANDUM TO: Mayor Weste and Members of the City Council Chair Kennedy and Members of the Planning Commission Chair Levinson and Members of the Parks, Recreation & Community Services Commission it ella and Member of the Arts Commission FROM: Xen up, Ci an --- DATE: February 2, 2010 SUBJECT: FISCAL YEAR 2010-2011 BUDGET RECOMMENDED ACTION City Council, Planning Commission, Parks, Recreation & Community Services Commission, and Art Commission receive the presentation on the state of the budget, including the budget message and 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, the Planning Commission, the Parks, Recreation & Community Services Commission, and the Arts Commission for review and discussion. KRP: TH:cf S:\MS\CAIiOLV3udbei\Su¢Iy Session memo - 020210-doc