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Budget Calendar for Fiscal Year 2020-2021 <br />December 17, 2019 <br />Page 2 <br />During the months of May and June of 2020, staff will present multiple iterations of the Citywide <br />Operating Budget and CIP. The initial presentation will be provided to the Economic Development <br />Infrastructure Budget and Technology ("EDIBT") Council Committee, followed by a presentation to <br />the City Council. Subsequently, the City Council will hold a public hearing (first reading) on June 2, <br />2020 with the final adoption (second reading) to occur on June 16, 2020. <br />The Calendar commences on December 17, 2019 and concludes with the adoption of the Fiscal <br />Year 2020-2021 Citywide Operating Budget and CIP scheduled for June 16, 2020. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item allows the City to meet Goal #4 - City Financial Stability, Objective #1 (Maintain <br />a stable, efficient and transparent financial environment). <br />FISCAL IMPACT <br />There is no fiscal impact associated with this action. <br />Kathryn Downs, CPA <br />Executive Director <br />Finance and Management Services Agency <br />Exhibit: 1. Fiscal Year 2020-2021 Budget Calendar <br />65A-2 <br />