HomeMy WebLinkAboutAgenda Report - February 15, 2005 B-01 SMAGENDA ITEM &0
CITY OF LODI
COUNCIL COMMUNICATION
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AGENDA TITLE: Discussion Regarding Budget Schedule and Public Forum
MEETING DATE: February 15,2005
PREPARED BY: Management Analyst, City Manager's Office
RECOMMENDED ACTION: To discuss the attached Major Budget Preparation Milestones.
BACKGROUND INFORMATION: The Finance Director has prepared the attached Budget Schedule
for Council's review and discussion. Included in the Schedule are a
series of budget hearings during March 2005 when the City
Manager and his staff will meet with the various Departmentsto
review their budget submittals.
Unique this year will be a Town Hall meeting on Wednesday, March 31, 2005 during which staff will invite
the public to participate in an interactive exercise that will serve to "raise the participants' budget literacy
and engage more residents in the budget process". Included in this process are the challenges of
prioritization, mandates, revenue options, and a host of other issues that influence the budget process.
FUNDING: None required
Attachments
APPROVED: /—Z;;x�
Blair King, City Manager
2005-06 Financial Plan and Budget Instructions
MAJOR BUDGET PREPARATION MILESTONES
PUBLIC
STAFF MEETINGS
Discussion of Mid -year Budget Adjustments 2/22/05
Completion of spreadsheets (Return to Finance Department) 3/1/05
Meetings with City Manager, Deputy City Manager, Department Heads and During
Finance Director to review requested budgets month of
March
05
First Draft of Comprehensive Budget
3/15/05
Town Hall Meeting to discuss Budget Draft 3/30/05
Discussion of Budget Recommendations by City Manager with City Council Special
Meetings
Tuesday
mornings for
Month of
May
Adoption of 2005-06 Financial Plan & Budget 6/1/05
February 16,2005