File #: 2017-1207    Name:
Type: Public Hearing - Legislative Status: Passed
File created: 5/8/2017 In control: City Council - Regular Session
On agenda: 5/18/2017 Final action: 5/18/2017
Title: Public Hearing: Proposed FY18 Annual Budget
Attachments: 1. FY18 City Managers Budget Message, 2. FY18 CM Budget Message Presentation, 3. FY18 Pay Plan, 4. FY18 Department Budget Summaries, 5. FY18 Budget Ordinance v1
Related files: 2017-1142

Title

Public Hearing: Proposed FY18 Annual Budget

 

Body

Issue/Request:

Public Hearing: Proposed FY18 Annual Budget

 

Key Issues:

The City Manager's Budget proposes a total appropriation of $217,538,780 for all funds for the fiscal year beginning July 1, 2018 (FY2018).  The total includes the expenditure budgets within the following funds;

 

•                     GENERAL FUND                                          $67,190,459

•                     SPECIAL REVENUE FUNDS                     $13,366,470

•                     DEBT SERVICE FUNDS                                          $11,244,005

•                     CAPITAL PROJECT FUNDS                     $56,091,029

•                     ENTERPRISE FUNDS                                          $55,986,791

•                     INTERNAL SERVICE FUNDS                     $13,660,025

 

The City Manager will present the key highlights and discuss the revenues and expenditures for these funds.

 

Proposed City Council Motion: N/A

 

Background:

The City Manager presented the proposed FY2018 budget to the Finance and Budget Committee on April 24, 2017. The Committee recommended the budget to the City Council on May 8, 2017.

 

Presenter

Presenter: Stephen Arbo, City Manager

 

Recommendation

Recommendation:

 

Committee Recommendation

Committee Recommendation: