Title
Conduct a Public Hearing to Consider/Discuss/Act on the Budget Appropriation Ordinance for FY 2011-12 - 1st Reading
Summary
MEETING DATE: September 6, 2011
DEPARTMENT: Strategic Planning & Budget
CONTACT: Jason Gray, City Manager
Jason Cooley, Strategic Planning & Budget Director
RECOMMENDED CITY COUNCIL ACTION:
Conduct public hearing.
Approval of ordinance on first reading.
Schedule second Public Hearing and adoption of the ordinance for September 21, 2011.
ITEM SUMMARY:
Proposed budget for all operating funds and CIP projects for FY2011-12 totaled more than $199.9 million (excluding interfund transfers).
The proposed tax rate remains the same at $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 scheduled for the September 6, 2011 Council Meeting satisfies the Charter requirement.
Following approval of the first reading, the appropriation ordinance, with any recommended changes, is to be published.
A second public hearing will be scheduled at least ten days after publication.
Any changes the Council wishes to make may be incorporated in the appropriation ordinance before the second and final adoption action (planned for September 20, 2011) 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:
Important dates for budget ordinance, tax rate ordinance and rates/fee change ordinance are:
Budget Ordinance - Public hearings (September 6, 2011 and September 20, 2011) and final adoption (September 20, 2011) of annual budget.
Ordinance levying property tax rate - Vote adopt the ordinance levying the property tax rate (September 20, 2011).
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