File #: 11-446    Name: FY2011-12 Budget Public Hearing (2nd Reading & Adoption)
Type: Ordinance Status: Approved
In control: City Council Regular Meeting
On agenda: 9/20/2011 Final action: 9/20/2011
Title: Conduct a Public Hearing to Consider/Discuss/Act on the Budget Appropriation Ordinance for FY 2011-12 - 2nd Reading
Attachments: 1. Ordinance

Title

Conduct a Public Hearing to Consider/Discuss/Act on the Budget Appropriation Ordinance for FY 2011-12 - 2nd Reading

 

Summary

 

MEETING DATE:                     September 20, 2011

 

DEPARTMENT:                      Strategic Planning & Budget

 

CONTACT:                                          Jason Gray, City Manager

                                                               Jason Cooley, Strategic Planning & Budget Director

 

RECOMMENDED CITY COUNCIL ACTION:

•                     Conduct second public hearing.

•                     Adoption of the budget ordinance on second reading.

 

ITEM SUMMARY:

•                     Proposed budget for all operating funds and CIP projects for FY2011-12 totaled more than $199.9 million (excluding interfund transfers).

•                     The tax rate will be $0.5855 per $100 assessed value.

 

BACKGROUND INFORMATION:

•                     The City Charter provides that “Upon receipt of the City Manager’s estimate, the City Council shall pass the appropriation ordinance on its first reading, using the City Manager’s estimate as a basis”.

•                     The first reading held on September 6, 2011 Council Meeting satisfied the Charter requirement.

•                     Following approval of the first reading, the appropriation ordinance, with any recommended changes, is to be published (published on September 11, 2011).

•                     After the first publication, the required second public hearing will be held.

•                     Any changes the Council wishes to make may be incorporated in the appropriation ordinance before the second and final adoption action by the Council.

•                     Following the second hearing, and final adoption of the appropriation ordinance, the City Council shall consider and pass an ordinance levying the taxes for the current year and pass a new fee ordinance.

 

SPECIAL CONSIDERATIONS:

•                     Budget Discussions - Budget-planning discussions were held on June 24, 2011, and August 5, 2011.

•                     Budget Ordinance - Public hearings were held on September 6, 2011 and September 20, 2011; and final adoption on September 20, 2011.

•                     Ordinance levying property tax rate - Final adoption and record vote is scheduled for September 20, 2011.

•                     City Services - Rates/Fee Change Ordinance - Rates adoption is scheduled for September 20, 2011.

 

FINANCIAL SUMMARY:                      None.

 

BOARD OR COMMISSION RECOMMENDATION:                      None.