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<br /> <br /> <br /> <br /> <br /> <br /> REQUEST FOR <br /> <br /> COUNCIL ACTION <br /> <br /> CITY COUNCIL MEETING DATE: CLERK OF COUNCIL USE ONLY: <br /> <br /> JUNE 4, 2012 <br /> TITLE: APPROVED <br /> ? As Recommended <br /> PUBLIC HEARING - FISCAL YEAR ? As Amended <br /> 2012-13 CITY BUDGET ? Ordinance on 15t Reading <br /> ? Ordinance on 2"d Reading <br /> ? Implementing Resolution <br /> ? Set Public Hearing For <br /> CONTINUED TO <br /> FILE NUMBER <br /> CITY MANAGER <br /> <br /> RECOMMENDED ACTION <br /> <br /> 1. Adopt an ordinance appropriating monies for the fiscal year commencing July 1, 2012. <br /> <br /> 2. Adopt Fiscal Policy and approve an appropriation adjustment to shift Risk Management funds <br /> and enhance General Fund reserve levels. <br /> <br /> 3. Adopt a resolution amending resolution numbers 82-110, 91-066 and 96-095 to effect certain <br /> changes to the City's basic classification and compensation plans. <br /> <br /> <br /> DISCUSSION <br /> <br /> The 2012-13 fiscal year budget fulfills the City's purpose of providing quality service to enhance <br /> the safety, livability and prosperity of our community. The primary fiscal objective for 2012-13 is to <br /> establish the foundation and base-line to build upon future budgets as well as community and <br /> organizational needs. As such, this budget continues established strategies to move the City into <br /> long-term financial stability while maintaining core programs and services to the extent possible. <br /> <br /> The total annual proposed budget for fiscal year 2012-13 is $409,856,985 and incorporates all <br /> funded appropriations related to the General Fund, Internal Service, Enterprise, Special, <br /> Community Development and Housing, Capital Improvement Projects and Grant funding. The <br /> General Fund budget is estimated at $196.5 million or the equivalent of approximately 50% of the <br /> total annual proposed budget. The General Fund supports those functions most commonly <br /> associated with city government such as police, fire, recreation, library, planning and building, <br /> street maintenance and general city administration. In an effort to protect critical front-line <br /> services provided to the public, the proposed budget integrates various expenditure reduction <br /> <br /> <br /> <br /> 75B-1 <br />