75A - PUBLIC HEARING - FY 08-09 PROPOSED CITY BUDGET

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REQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: J~ine 2, 2008 TITLE: PUBLIC HEARING - FISCAL YEAR 2008-09 CITY BUDGET CITY NAGER RECOMMENDED ACTION CLERK OF COUNCIL USE ONLY: APPROVED ^ As Recommended ^ As Amended ^ Ordinance on 1g` Reading ^ Ordinance on 2nd Reading ^ Implementing Resolution ^ Set Public Hearing For CONTINUED TO FILE NUMBER 1. Adopt an ordinance appropriating monies for the fiscal year commencing July 1, 2008. 2. Adopt a resolution amending resolution numbers 82-110, 91-066 and 96-095 to effect certain changes to the City's basic classification and compensation plans. DISCUSSION The 2008-09 fiscal year budget fulfills the City's purpose of providing quality service to enhance the safety, livability and prosperity of our community. In addition, this budget emphasizes four City Council focused priorities: enhance public safety, improve transportation infrastructure, complete minor deferred maintenance projects in parks, and ensure the City's long-term financial stability. The provision of quality customer service and sound internal systems continue to serve as internal priorities. The total annual proposed budget for fiscal year 2008-09 is $583,029,740. Included in the $583,029,740 is a capital projects budget of $99.4 million, primarily funded through grants; refuse, sewer, water and sanitation budgets totaling $81.8 million; a housing assistance budget of $33.4 million; a redevelopment agency budget of $74.2 million; CDBG and other grants totaling $13.4 million; interfund transfers across all funds in the amount of $13.2; special revenue funds amounting to $22.7 million and a general fund budget of $244.7 million. The proposed budget maintains all of the City's general fund services at current levels, including those which were added or expanded last year, such as recreation programming for youth, expanded library services, and the second Street Terrorist Offender Program (STOP) Team, which is having 75A-1