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HomeMy WebLinkAbout13. 2010-11 Proposed Budget-Study Session AGENDA MEMO DATE: May 25, 2010 TO: Mayor and Members of the City Council FROM: Office of the City Manager By: John Michicoff, Director of Finance SUBJECT:2010-11 PROPOSED BUDGET—STUDY SESSION RECOMMENDATION That the City Council consider scheduling a date and time for a Study Session to review the proposed 2010-11 Budget. DISCUSSION The Proposed Budget for 2010-11 has been released. Staff is suggesting that the City st Council schedule a budget study session the 1 week of June and, if warranted, on Tuesday st June 15. In prior years, the 1 Tuesday of June was selected for a study session however, st this year the 1 Tuesday is on June 1 and is the day after Memorial Day, a legal holiday. During the study session, staff will summarize the proposed budget and work with the Council to develop an approved budget. The City Charter requires that the budget be adopted via a Public Hearing before June 30, 2009. The Budget Public Hearing has been scheduled for the second Council meeting in June, which is on June 22, 2009. S:\Agenda Memos CC 2010\05-25-10\Budget Study dates.doc CITY OF DOWNEY, CALIFORNIA