City Council
MEETING DATE: 3/8/2017
TITLE:
Title
Biennial Budget Overview Presentation
End
FROM:
Tami E. Scott, Administrative Services Director
RECOMMENDATION:
Recommendation
This item is presented for information and discussion only.
Body
BACKGROUND:
The City of Cathedral City is proud to participate in the Government Finance Officer Association's (GFOA's) Distinguished Budget Presentation Award program for the City's Biennial Budget. Since FY 08/09, we have received this prestigious award for the past five (5) budget documents submitted, which covers 10 years of annual budgets. The FY 17/18 and FY18/19 Biennial Budget will be the City's 6th submission to GFOA for this award.
DISCUSSION:
In February, the department narratives, consisting of department goals, objectives (in meeting department and Council goals) and accomplishments were submitted to the departments for their update and feedback. In addition, a draft Capital Improvement Program (CIP) 5 Year Plan was prepared and submitted to the Community Development department and the Engineering division for their review. With the CIP, there were various meetings to determine the projects (existing and new), scope, and funding/expense needs and timelines.
In March, revenue and expense summaries were created. City Management reviewed and coordinated on the balanced budget. Over the next two weeks, City Council will be reviewing this budget workbook with the timeline below:
-Workbook to Council 03/16/17
-City Council Feedback/Questions 03/29/17
During the month of April, there will be two Study Session discussions to review the budget workbooks and associated questions. The April 12th session will be dedicated to the General Fund and the April 26th session will be devoted to the Special Revenue Funds and the Capital Improvement Plan.
The proposed budget will then be included on the May 11th Study Session Council Meeting. This version will include updates and changes from the two b...
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