FY17-18 BUDGET WORKSHOP
Staff Contact and Presenter: Vicki Rios, Director, Budget and Finance
Staff Presenter: Tom Duensing, Assistant City Manager
Staff Presenter: Terri Canada, Budget Administrator
Purpose and Policy Guidance
The purpose of this item is for staff to present information regarding the Fiscal Year 2017-2018 (FY17-18) proposed operating budget. This will be the second of two all-day workshop sessions where staff will present the proposed budget both in total and by department. Council will have the opportunity to give feedback to staff regarding the proposed budget.
Background
At the December 20, 2016 City Council Workshop, staff presented the Five-Year Financial Forecasts for the General Fund and other major operating funds of the city. Budget discussion continued at the February 7, March 7, March 21 and April 4, 2017 Council Workshops. During the planning process for the FY17-18 budget, a series of budget workshops have been scheduled to seek policy guidance and input from the Council on various budgetary items. During this budget process, staff will advise Council of the potential impacts of budgetary decisions on the long-term financial forecasts.
This is the second of the two all-day budget workshops (April 24 and April 28). The next budget workshop is scheduled for May 2, 2017 before the Tentative Budget adoption which is currently scheduled for May 23, 2017. The public hearing and final budget adoption is scheduled for June 13, 2017. At Council’s direction, additional budget workshops may be scheduled; or currently scheduled workshops may be cancelled depending upon the need.
Analysis
At the workshop, staff will review the FY17-18 budget requests, provide financial and departmental highlights, and respond to specific Council questions. The workshop on the proposed operating budget provides Council with an opportunity to identify changes or seek clarification relative to funding city services.
Based on Council feedback, staff can make changes to the proposed budget or research any additional information needed. Staff will return to Council at the May 2, 2017 Council Workshop for additional follow-up before the Tentative Budget is scheduled to be adopted on May 23, 2017.
Previous Related Council Action
On April 24, 2017, the first of two all-day budget workshops included presentations on several city department operating budgets for the FY17-18 Budget.
On April 4, 2017, the FY17-18 Budget Workshop included follow-up presentations on the City’s Draft FY2018-2027 Capital Improvement Plan.
On March 21, 2017, the FY17-18 Budget Workshop included presentation of the Draft FY2018-2027 Capital Improvement Plan.
On March 7, 2017, the FY17-18 Budget Overview including; revenues and other future discussion items were presented to the City Council at the second in a series of budget workshops.
February 7, 2017, the FY17-18 Budget Overview including; calendar, process, legal requirements, major budget components and future discussion items was presented to the City Council at the first in a series of budget workshops.
On December 20, 2016, the General Fund and Major Operating Funds Five-Year Financial Forecast was presented at Council Workshop and initiated the FY17-18 budget process.
Community Benefit/Public Involvement
The community benefit of the City’s budget process, policy direction, and budgetary decisions demonstrates sound financial decisions are made through a transparent and public process where ultimate budgetary decisions align with the strategic direction of the City and provide the public with information on services provided and Council priorities.
Budget and Financial Impacts
Budget and financial impacts are based on Council feedback.