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BACKGROUND <br />The Budget includes a comprehensive detailed account, forecast and plan of all City <br />revenues and expenditures including the General Fund, enterprise funds, internal service <br />funds, special revenue funds and capital funds. It is divided into two components with <br />one, often referred to as the "operating budget" dealing primarily with ongoing operating <br />expenses and revenues including personnel costs, ongoing programs and routine <br />maintenance and the other, the CIP, pertaining to major infrastructure improvements and <br />expansion projects that are generally one time in nature. The CIP does not include any <br />personnel related expenses. Both the Budget and the CIP documents include narratives <br />that provide information regarding budgetary opportunities, issues and goals. <br />As with all City budgets, this document focuses attention on those areas deemed by the <br />City Council to be high priority. As a result, the Budget maintains or improves existing <br />service levels and meets capital needs in a way that addresses not only new programs <br />and capital projects, but a wide range of maintenance projects related to roadways, <br />parks, water and sewer systems. In this way it meets Council, community and staff <br />goals. <br />DISCUSSION <br />As indicated above, this workshop is intended to be informative providing the Council <br />and the public with an opportunity to review recommended budget expenditures, <br />revenues and assumptions. In addition, it provides the Council with an opportunity to <br />request additional information prior to the adoption the Budget, which is scheduled for <br />June 19. Staff intends to provide presentations covering all aspects of the Budget at the <br />workshop, with a more abbreviated presentation at the June 19 meeting. <br />Submitt and Approved by <br />Nelson Fialho <br />City Manager <br />Page 2 of 2 <br />