Loading...
HomeMy WebLinkAbout2010 06 14 Regular 604 Presentation On Status Of The City's Fiscal Year 2011 Budget COMMISSION AGENDA Consent ITEM 604 Informational Public Hearing Regular X June 14, 2010 MGR. /DEPT. Regular Meeting Authorization REQUEST: City Manager requesting the City Commission to receive a presentation on the status of the City's FY 2011 Budget and to set workshop dates for a "Town Hall" Budget workshop and Commission Budget workshop(s) for review of the FY 2011 Budget. SYNOPSIS: The City Manager would like to advise the Commission of the status of the City's FY 2011 budget and request the Commission set workshop dates for a "Town Hall" Budget workshop and Commission Budget workshop(s) for review of the FY 2011 Budget. CONSIDERATIONS: As you know, several significant and unprecedented challenges were faced by the City in preparing and balancing our FY 2010 budget. Some of those challenges were anticipated to recur in preparation of the City's FY 2011 budget (e.g., property tax base decline). Thus, staff put a plan into place last year in anticipation of these budget challenges for FY 2011. The City Manager wishes to update the Commission on the status of our plan and strategies for balancing the FY 2011 budget. Additionally, the City Manager requests the Commission set workshop dates for a "Town Hall" Budget workshop (as previously discussed) and for Commission Budget workshop(s) for review of the FY 2011 Budget. The City Manager will transmit, per Charter, the Proposed FY 2011 Budget on or before July 1, 2010. Thus, it is requested that workshops be set for a date after July 1 (consistent with past practice). Additionally, the Commission previously discussed holding the "Town Hall" workshop after presentation of the City Manger's preliminary Budget overview (occurring as part of this Agenda Item) and before Commission Workshops on the FY 2011 Budget. FISCAL IMPACT: None. COMMUNICATION EFFORTS: Communication efforts for the "Town Hall" Budget workshop are provided in Agenda Item 203. RECOMMENDATION: The City Manager recommends that the City Commission receive a presentation on the status of the City's FY 2011 budget and set workshop dates for a "Town Hall" Budget workshop and Commission Budget workshop(s) for review of the FY 2011 Budget. ATTACHMENTS: