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REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />June 4, 2007 <br />TITLE: <br />PUBLIC HEARING - FISCAL YEAR <br />2007-OS CITY BUDGET <br />MANAGE <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />^ As Recommended <br />^ As Amended <br />^ Ordinance on 1~' Reading <br />^ Ordinance on Intl Reading <br />^ Implementing Resolution <br />^ Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />1. Adopt an ordinance appropriating monies for the fiscal year commencing <br />July 1, 2007. <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 />DISCUSSION <br />The 2007-OS fiscal year budget fulfills the City's purpose of providing <br />quality service to enhance the safety, livability and prosperity of our <br />community. In light of this purpose, this budget emphasizes public <br />safety, youth development and recreation, quality development standards, <br />effective community-driven code enforcement, and a positive partnership <br />with the business and educational communities as its external priorities; <br />while quality customer service and sound internal systems serve as <br />internal priorities. Given these objectives, the total annual proposed <br />budget for fiscal year 2007-08 is $510,508,839. <br />Included in the $510,508,839 is a capital projects budget of $46,610,700 <br />primarily funded through grants; refuse, sewer, water and sanitation <br />budgets totaling $82,199,440; a housing assistance budget of $30,686,560; <br />redevelopment agency budget of $63,367,355; CDBG and other grants <br />totaling $13,680,724; interfund transfers across all funds in the amount <br />of $15,975,835; special revenue funds amounting to $30,610,305 and a <br />general fund budget of $227,377,920. <br />75A-1 <br />