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HomeMy WebLinkAbout[06] 2020 Budget Council Agenda Item 6 MEETING DATE: June 3, 2019 AGENDA ITEM: Budget 2020 SUBMITTED BY: Administration/Finance BOARD/COMMISSION/COMMITTEE RECOMMENDATION: N/A PREVIOUS COUNCIL ACTION: None BACKGROUND INFORMATION: Attached is a proposed 2020 budget timeline for Council meetings. Staff will begin work on the 2020 budget in June and will have their preliminary proposals ready for Council by August. The Council budget meetings are scheduled in conjunction with regular council meetings with the potential of scheduling a special workshop if needed. Staff is requesting to start the budget process and have discussion with the Council as to the priorities of the Council and projects that the Council would like to see incorporated in the budget. In the past the Council has requested the growth numbers first, but we do not have yet. The discussion for the Council at this time is big picture, visionary as to what you would like the staff to research. We know that union labor contracts will have to be negotiated this year and the City typically receives the intent to bargain in June/July. We it is received it will be brought forward to the Council. June City Council provides input to the budget and staff begins the budget process July EDA considers budget, Department Heads finish draft budget, review by Administrator and staff meeting to revise budget; Capital Improvement plan is prepared as well. August Fire Board / Park Board prepare budget; City Council reviews Engineer CIP and Operational Budget September Enterprise Budget is prepared and reviewed; Council adopts preliminary budget no later than September 30, 2019. The second council meeting is September 16 so that would be the likely adoption date. October Review utility rates and finalize draft Enterprise Fund Budget; draft fee schedule is prepared, EDA finalizes budget November Fire/Park Board finalize budget; fee schedule, budget and CIP are finalized for public hearing December Adopt final 2020 Budget/Fee Schedule and CIP ATTACHMENTS: REQUESTED COUNCIL ACTION: Discuss budget and project priorities.