The City’s Business Officer/Finance Department Director recommends City Council adopt the budget schedule for the Fiscal Year 2021 City budgets.
The budget schedule will provide City Council, Departments, and the community with advance notice of dates for budget workshops and the deadline for submitting budget amendments. To ensure City Council has all of the information needed prior to adopting the FY2021 budget, Mayor Turner will present the FY2021 Proposed Budget Summary to City Council on May 12, 2020. This summary will outline the plan to balance the City’s FY2021 budget, despite a shortfall. Council budget workshops on zero based budgeting for General Fund departments will be held starting April 7th and Enterprise Fund departments starting May 13th. Under the budget schedule, City Council will commit to submitting budget amendments between May 13th through May 27th. Adhering to these deadlines ensures the Mayor and Council will have sufficient time to review the amendments, make necessary budgetary revisions, and collaborate in order to hold a public hearing and adopt a balanced FY2021 Budget on June 3rd.
The City’s Business Officer/Finance Department Director recommends City Council adopt the FY2021 Budget schedule because this budget process promotes transparency and creates an efficient and expedited process leading to the adoption of a balanced budget.
Attachment:
FY2021 Budget Schedule
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Tantri Emo
Chief Business Officer, Finance Director