Department: City Manager
Staff Contact: Dianna Wright/Matthew Randall
Subject: Overview of the 2020 General Fund and Library Fund Conditionally Approved Budgets including department presentations. Review of the 2020 general obligation debt financed Capital Improvement Projects within the 2019-2023 CIP.
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Item Description:
title
Overview of the 2020 General Fund and Library Fund Conditionally Approved Budgets including department presentations. Review of the 2020 general obligation debt financed Capital Improvement Projects within the 2019-2023 CIP..
Body
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Summary:
The City Manager presented the Conditionally Approved 2020 budget June 18th.
The Budget Workshop on July 9th is an opportunity for the City Council to review revenues, expenditures, department updates, and general obligated debt financed capital improvement projects.
The remaining proposed budget calendar is as follows:
July 23 Budget Workshop No. 2
(Recreation, Facilities Maintenance, and Utility Funds)
August 6 Public Hearing for the 2020 Budget
August 20 Council Adoption of 2020 Budget
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Financial Impact:
The 2020 conditionally approved budget is $411,876,506 and the 2019-2023 Capital Improvement Plan (CIP) is $432,502,783.
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Action Needed:
Discussion of the 2020 conditionally approved budget.
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Attachment(s):
None