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HomeMy WebLinkAbout65A - BUDGET CALENDAR 2020-2021REQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: DECEMBER 17, 2019 TITLE: APPROVE THE BUDGET CALENDAR FOR FISCAL YEAR 2020-2021 {STRATEGIC PLAN NO. 4,11 CLERK OF COUNCIL USE ONLY: APPROVED ❑ As Recommended ❑ As Amended ❑ Ordinance on 1s' Reading ❑ Ordinance on 2ntl Reading ❑ Implementing Resolution ❑ Set Public Hearing For CONTINUED TO /s/Kristine Ridge FILE NUMBER CITY MANAGER RECOMMENDED ACTION Approve the Budget Calendar for Fiscal Year 2020-2021. DISCUSSION Under the direction and leadership of the City Manager, a Budget Calendar ("Calendar") has been developed by the Finance & Management Services Agency. The Calendar serves as a guiding document providing for a successful and transparent budget process. Financial Updates and Budget Discussions On February 18, 2020, City staff expects to present a Mid -Year (2nd Quarter) Budget Review to the City Council. The Mid -Year Budget Review will provide a financial update on current General Fund revenues and expenditure trends, projected ending General Fund balance, and other funding highlights. The Review should help to prepare the City Council for the forthcoming Fiscal Year 2020-2021 budget process. Staff is prepared to schedule City Council budget workshops during April 2020. Discussion topics would include City Council priorities, fund balances, budget imbalances in various funds, future expectations, recommendations from the Measure X Citizens Oversight Committee, and the Capital Improvement Program (CIP). Staff will also provide a 3rd Quarter General Fund update, including revenue and expenditure trends and a ten-year General Fund outlook. Communication and Civic Engagement During the Budget Process Communication and civic engagement have been identified as imperative components of the budget process by the City Council and the community. As such, staff is planning up to five community budget meetings to be held during the months of March and April 2020. The objective of these meetings is to solicit input from the community and gather priorities to be shared with the City Council. Concurrently with Community meetings, the City Manager and budget staff will hold internal budget hearings with City departments. Departments will have the opportunity to propose and justify any organizational changes, budget requests, enhancements to existing programs, and proposed new programs. 65A-1 Budget Calendar for Fiscal Year 2020-2021 December 17, 2019 Page 2 During the months of May and June of 2020, staff will present multiple iterations of the Citywide Operating Budget and CIP. The initial presentation will be provided to the Economic Development Infrastructure Budget and Technology ("EDIBT") Council Committee, followed by a presentation to the City Council. Subsequently, the City Council will hold a public hearing (first reading) on June 2, 2020 with the final adoption (second reading) to occur on June 16, 2020. The Calendar commences on December 17, 2019 and concludes with the adoption of the Fiscal Year 2020-2021 Citywide Operating Budget and CIP scheduled for June 16, 2020. STRATEGIC PLAN ALIGNMENT Approval of this item allows the City to meet Goal #4 - City Financial Stability, Objective #1 (Maintain a stable, efficient and transparent financial environment). FISCAL IMPACT There is no fiscal impact associated with this action. Kathryn Downs, CPA Executive Director Finance and Management Services Agency Exhibit: 1. Fiscal Year 2020-2021 Budget Calendar 65A-2 EXHIBIT 1 CITY OF SANTA ANA AT.= Fiscal Year 2020-2021 Budget Calendar Date Action Items December 17, 2019 Present FY 2020-2021 Budget Calendar for City Council approval Step 1 February 18, 2020 Presentation of Mid -Year Budget Review (2nd Quarter Update) Approval of Budget Calendar • • step 2 March/April 2020 Community Budget Meetings Budget Hearings with City : Departments and the March/April 2020 Budget Hearings with City Departments ; Community April 2020 City Council Budget Workshop Session + step 3 Preliminary • Preliminary FY 2019-2020 Budget Status (3rd Quarter Update) • FY 19-20 Budget Status • Ten -Year General Fund Financial Outlook • Preliminary Capital Improvement Program (CIP) step 4 • FY 2020-2021 Budget Discussion ; City Council Budget Workshop Session Presentation: May 11, 2020 EDIBT: City Manager's Proposed FY 2020-2021 General Fund step 5 Budget Proposed FY20-21 Budget/CIP EDIBT and May 19, 2020 City Council Work Study Session: city council City Manager's Proposed FY 2020-2021 General Fund Budget ; Work Study Sessions Includes CIP, Miscellaneous Fees, and Workforce Changes June 2, 2020 Tentative Citywide Operating Budget/CIP Ordinance and step 6 Miscellaneous Fees and Personnel Resolution. : Public Hearings Step 7 June 16, 2020 Final Citywide Operating Budget/CIP Ordinance Adoption : Second Reading and Adoption • • Step $ July 1, 2020 Start of the New Fiscal Year 2020-2021 Begin New Fiscal Year 65A-3 65A-4