HomeMy WebLinkAbout13. Approve Budget Calendar for FY 2014-15AC ENI)A MEMO)
V Vr—U E) I DATE: February 11, 2014
CITY MANAGER
TO: Mayor and Members of the City Council
FROM: Office of the City Manager
By; Anil Gandhy; Director of Finance , j r,.r«Ur
SUBJECT: BUDGET CALENDAR FOR THE FISCAL YEAR 2014 -15 BUDGET ,
RECOMMENDATION
That the City Council approve the attached budget calendar for the Fiscal Year 2014 -15
budget,
DISCUSSION
Staff is requesting that the City Council review and approve the budget calendar for the
Fiscal Year 2014 -15 budget, which covers the fiscal year beginning July 1, 2014 and ends
on June 30, 2015.
The calendar establishes various deadlines so that the budget process can be completed
in a timely manner. Pursuant to the Downey Municipal Code, the annual budget must be
adopted before June 30 of each fiscal year.
Staff has tentatively identified the period of May 23 through June 10 for City Council
review of the Preliminary Budget: During: this time, Council may set specific dates and
times for staff to present and discuss the budget document; A public hearing is also
tentatively scheduled for June 10; 2014, at which time the City Council will adopt the
budget for the 2014 -15 fiscal year.
FISCAL IMPACT
None,
Attachment A: Budget Calendar
CITY OF DOWNISY, CALIFORNIA
ATTACHMENT A
CITY OF DOWNEY
FY 2014 -2015 BUDGET CALENDAR
Distribute Budget Material Packet to Departments
Budget Training, Finance Conference Room (10 a.m. & 3 p.m.)
Equipment Rental Rates, City Hall Rent and Liability Insurance Rates Released
New and Replacement Equipment Requests Submitted to Finance Department
Capital Projects Request Submitted to Public Works Department
Budget Expenditure Input in EDEN by Departments
02/12/14
02/25/14-
02/27/14
03/07/14
03/07/14
03/11/14
03/22/14
Program Budget Narratives and Detail Submitted to City Manager's Office 03/28/14
Capital Improvement Project (CIP) Budget & Project Description Summary for Budget 03/28/14
Document Forwarded to Finance Department
Initial Department Head Review 04/01/14
City Manager Review Sessions with Departments 04/01/14-
04/11/14
Revision to Budget Narratives and Detail to City Manager's Office
04/21/14
Council Budget Sub - Committee Review Session
05/20/14
Council Review Preliminary Budget
05/23/14-
05/27/14
Council Budget Workshop at Council Chamber 05/28/14
Final Budget Approved 06/10/14