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Finance and Management Services <br />https://www.santa-ana.org/finance <br />Item # 32 <br />City of Santa Ana <br />20 Civic Center Plaza, Santa Ana, CA 92701 <br />Staff Report <br />March 16, 2021 <br />TOPIC: Provide Direction for FY 2021-22 Budget <br />AGENDA TITLE: <br />Provide Early Direction for Preparation of the Fiscal Year 2021-22 Budget <br />RECOMMENDED ACTION <br />1. Adopt the proposed Budget and Reserve Policy. <br />2. Direct staff to: <br />a. Increase miscellaneous fees by 1.67%; OR <br />b. Maintain miscellaneous fees at current rates. <br />3. In addition to Strategic Plan goals already identified, provide any further direction <br />for the draft FY 2021-22 Budget and key priorities for federal funding from the <br />American Rescue Plan Act of 2021. <br />EXECUTIVE SUMMARY <br />This report contains early information for the draft FY 2021-22 Budget, as well as <br />additional Strategic Plan Goals prioritized by the City Council in closed session on <br />February 12, 2021. Staff offers an updated Budget and Reserve Policy for City Council <br />consideration, as well as an opportunity to provide direction to staff before reviewing the <br />draft budget in May. <br />A summary of early expectations for the General Fund budget follows. This report <br />includes detailed information for expected changes. <br />FY 2020-21 <br />Midyear Budget <br />Update <br />Early Estimates <br />of FY 2021-22 <br />Changes <br />Potential <br />FY 2021-22 <br />Revenue <br />$323,588,143 <br />$9,062,300 <br />$332,650,443 <br />Expenditures <br />$ 334,521,033 <br />$ 11,501,499 <br />$ 346,022,532 <br />Net Activity <br />$ 10,932,890 <br />$ 2,439,199 <br />$ 13,372,089 <br />