City Council Regular Meeting - Includes Action Taken


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Meeting Date: 06/19/2017  
Recommended by: Celina Morris Prepared by: Jeffrey Graves, Budget Analyst
Finance Director Review: Celina Morris  
City Attorney Review: Brett Wallace  
Approved by: Larry Rains Date Submitted: 05/27/2017
Type of Action Requested: Resolution

SUBJECT:
Consideration and Discussion regarding the adoption of the FY2018 Tentative Budget for the City of Casa Grande in the amount of $178,334,615.
RECOMMENDATION:
Approve a resolution adopting the FY2018 Tentative Budget in the amount of $178,334,615.
DISCUSSION:
The budget development process began in January 2017 with departments preparing and presenting their capital budget requests to the Finance Director, City Management, and select Council members.  Following the capital budget process, a similar format was utilized in preparing each department’s operational budget. This work culminated in the City Manager’s Proposed Budget brought before Council during a study session on May 17, 2017. 
 
The Proposed Budget focused almost exclusively on maintaining current operations and service levels, as well as one-time capital expenses which meet Council’s adopted priorities and legal mandates.
 
The attached State budget forms represent all of the information that was presented at the budget study session as well as various new programs and revenues.
 
Once approved, the official State forms will serve as the adopted Tentative Budget for FY2018.  Adoption of the Tentative Budget establishes the maximum expenditure limitation for the following fiscal year.  The final budget may be adopted at a lesser amount but it cannot exceed the Tentative Budget’s total.  Once adopted, the required forms shall be published twice in the local paper as well as on the internet and Council will be asked to adopt them as Final on July 17, 2017.
 
An overview of the Tentative Budget will be presented during the meeting and will include a summary of the proposed FY 2018 budget.
FISCAL IMPACT:
Adoption of the Budget establishes the spending plan for the following fiscal year. No expenditure of funds may take place that is not in conformance with the adopted budget.
ALTERNATIVES:
N/A
Attachments
Resolution No. 5050
FY18_Official City Town Budget Forms

  

    

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