WORKSHOP REPORT - Laserfiche WebLink

BACKGROUND The Budget includes a comprehensive detailed account, forecast and plan of all City revenues and expenditures including the General Fund, enterprise funds, internal service funds, special revenue funds and capital funds. It is divided into two components with one, often referred to as the "operating budget" dealing primarily with ongoing operating expenses and revenues including personnel costs, ongoing programs and routine maintenance and the other, the CIP, pertaining to major infrastructure improvements and expansion projects that are generally one time in nature. The CIP does not include any personnel related expenses. Both the Budget and the CIP documents include narratives that provide information regarding budgetary opportunities, issues and goals. The budget documents were forwarded to the Council previously. As with all City budgets, this document focuses attention on those areas deemed by the City Council to be high priority. As a result, the Budget maintains existing service levels and meets capital needs in a way that addresses not only new programs and capital projects, but a wide range of maintenance projects related to roadways, parks, water and sewer systems. In this way it meets Council, community and staff goals. DISCUSSION As indicated above, this workshop is intended to be informative providing the Council and the public with an opportunity to review recommended budget expenditures, revenues and assumptions. In addition, it provides the Council with an opportunity to request additional information, if necessary, prior to the adoption the Budget, which is scheduled for June 16. Staff intends to provide presentations covering all aspects of the Budget at the workshop, with a more abbreviated presentation at the June 16 meeting. Submitte and App ved by Nelson Fialho City Manager Page 2 of 2