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File #: 2024-6411    Name:
Type: Presentation Status: Filed
File created: 7/17/2024 In control: Finance and Budget Committee
On agenda: 8/5/2024 Final action: 8/5/2024
Title: Presentation: FY2024-2025 Budget Calendar
Attachments: 1. FY2024-2025 Budget Calendar

Title

Presentation: FY2024-2025 Budget Calendar

 

Body

Issue/Request:

Presentation of the FY2024-2025 Budget Calendar

 

Key Issues:

-Presentation of the 2024-2025 Budget Calendar to the Finance and Budget Committee

-The calendar includes the dates for important milestones for the FY25 Budget year as well as key dates for the development and approval of the FY26 Budget

-City staff are in the early stages of learning about and starting to make decisions on how Workday will be set up.

-Payroll is a major process that ties the Human Capital Management and Financial Management together in Workday.

-We anticipate going Live with Workday in mid-June 2025 with the Payroll, which means we will need to have HR and Financial systems ready as well

-To facilitate this the calendar dates have been arranged to bring the City Manager's FY26 Proposed Budget before the full City Council with the Public Hearing in May 2025

 

-The Budget Calendar will now be maintained and available on the City's website at: https://cityofls.net/finance-budget-taxes/budget-calendar

 

Presenter

Rick Gentry, Budget Manager