City Council
MEETING DATE: 6/10/2015
TITLE:
Title
Supporting Resolutions for the FY 2015-16 and 2016-17 Operating Budgets
End
FROM:
Tami E. Scott, Administrative Services Director
RECOMMENDATION:
Recommendation
Staff recommends that the City Council adopt the supporting resolutions for Fiscal Year (FY) 2015-2016 and (FY) 2016-2017 Operating Budgets.
Body
BACKGROUND:
The economic recession that began in FY 2007/08 had a significant effect on City revenues and made it even more difficult to meet the challenge to have a balanced budget. The City continues to face the challenge of "living within our means" and the FY 15/16 and FY 16/17 biennial budget has been prepared in the midst of the continued economic recovery we are experiencing. Core revenues, such as property tax, sales tax, hotel tax, permits, and licenses are showing slow and steady increases from the all-time lows the City experienced in FY 08/09. Today, all categories are showing slow but stable improvement. Revenue generating measures such as Measure L (Utility Users Tax) passed in November 2008, and Measures H and B (Transactions and Use Tax) in November 2010 and June 2014, respectively, have aided the General Fund in securing stable revenues. City Management continues to streamline processes wherever possible to efficiently deliver services in the most cost effective manner. Under the direction of City Council and the City Manager, City staff continues to pursue alternative means of generating revenues while reducing costs
DISCUSSION:
Over the past several months, department heads, in conjunction with the City Manager, have reviewed and addressed departmental needs and their ability to deliver an acceptable level of services to the community, while at the same time preparing a budget that incorporates the achievement of Council's adopted goals. In preparing this biennial budget document, the City Manager and staff used their best efforts to identify and e...
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