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HomeMy WebLinkAbout09. Approve Budget Calendar For FY 2018-19Ð CitycfDowney AGENDAMEMO TO Item No. APPROVED BY HoNoRABLE MAyoR AND MEMBERS oF rHE ctry coun¡ÇlTy MAN¡AGER OFFIGE OF THE CITY MANAGER BY: ANIL H. GANDHY, NI.il U DIRECTOR OF FINANCE & IN TION TEC OLOGY JANUARY 9, 2OI8 BUDGET CALENDAR FOR 2OI8-19 FISCAL YEAR FROM: DATE: SUBJECT: RECOMMENDATION That the City Council approve the attached budget calendar for the Fiscal Year 2018-19 budget. DISCUSSION Staff is requesting that the City Council review and approve the budget calendar for the Fiscal Year 2018-19 budget, which covers the fiscal year beginning July 1,2018 and ends on June 30, 2019. 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 April 3 through May 30 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 12,2018, at which time the City Council will adopt the budget for the 2018-19 fiscal year. FISCAL IMPACT None ATTACHMENTS 1 Attachment A: Budget Calendar All Budget Materials will be placed on S:\ drive ot/to/2ot3 ot/16/20!8Budget Training Equipment Rental Rates, City Hall Rent and Liability lnsurance Rates Released ot/22/2018 07/29/2078City Council Priority Workshop Proposed Position Changes 02/09/20t8 Review of City Council Priorities 02/t6/20t8 02/23/2078Capital Projects Request Submitted to Public Works Department Budget Expenditure lnput in EDEN by Departments 03/02/2018 03/07/2OL8Program Budget narratives and Budget Expenditure Excel Template to City Manager's Office Capital lmprovement Project (ClP) Budget & Project Description Summary for Budget Document Submitted from Public Works 03/07/2Or8 03/07/2O7eReview Preliminary Expenditure Request Finance Director Budget Review 03/o8-t6/201.8 City Manager Budget Review Sessions with Departments 03/t9-3O/2018 04/06/2018Revision to Budget Narratives and Detail to City Manager's Office Council Budget Sub-Committee Review Session o4/03-06/2018 05/o4/20t8Depa rtment PowerPoint Slides Council Budget Workshop at Council Chamber 05/30/2Or8 Task/Milestone Due dates 06/L2/2Or8Final Budget Approval 201,8-1-9 BunGEr CnIENDAR ATTACHMENT A