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<br />REQUEST FOR <br />COUNCIL ACTION <br /> <br />~\ <br />IF1fl: <br />~~\1.f_, <br /> <br />Go OucaUon 1 \--, <br />~. (,~ <br /> <br />CITY COUNCIL MEETING DATE: <br /> <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />June 5, 2006 <br />TITLE: <br /> <br />PUBLIC HEARING - FISCAL YEAR <br />2006-07 CITY BUDGET <br /> <br />APPROVED <br /> <br />D As Recommended <br />D As Amended <br />D Ordinance on 1s1 Reading <br />D Ordinance on 2nd Reading <br />D Implementing Resolution <br />D Set Public Hearing For <br /> <br />Q~Y:;?~ <br /> <br />CI MA AGER <br /> <br />CONTINUED TO <br /> <br />FILE NUMBER <br /> <br />RECOMMENDED ACTION <br /> <br />1. Adopt an ordinance appropriating monies for the fiscal year commencing <br />July 1, 2006. <br /> <br />2. Adopt a resolution amending resolution numbers 82-110, 91-066 and <br />96-095 to effect certain changes to the City's basic classification <br />and Compensation plans. <br /> <br />DISCUSSION <br /> <br />The 2006-07 fiscal year budget will enable the City to fulfill its <br />purpose of providing quality service to enhance the safety, livability <br />and prosperity of our community. In light of this purpose, this budget <br />emphasizes public safety, quality development standards, effective <br />communi ty-dri ven code enforcement, and a posi ti ve partnership with the <br />business and educational communi ties as its external priori ties; while <br />quality customer service and sound internal systems serve as internal <br />priorities. Given these objectives, the total annual proposed budget for <br />fiscal year 2006-07 is $482,090,685. <br /> <br />Included in the $482,090,685 is a capital projects budget of $75,288,445 <br />primarily funded through grants; refuse, sewer, water and sanitation <br />budgets totaling $76,545,870; a housing assistance budget of $31,707,145; <br />a redevelopment agency budget of $49,899,650; and a general fund budget <br />of $213,449,235. <br /> <br />In preparing the budget for the general fund, staff focused on resolving <br />the dilemma of meeting the demands for services that exceed revenues. The <br />general fund projected budget deficit is $13.2 million. This budget <br />responds to that challenge through a balanced approach of stabilizing <br />expenditures and using one time revenue carry forwards from prior fiscal <br />years. <br /> <br />75A-1 <br />