2.
Council Work Session
- Meeting Date:
- 05/04/2020
- TITLE
- City of Billings FY21 Proposed Budget Overview
- Department:
- Finance
Presentation:
Yes
PROBLEM/ISSUE STATEMENT
The City Administrator will provide an overview of the FY21 budget for the City of Billings. The presentation packet will be provided at the Council Work Session. The full proposed budget is too large for attachment here, but will be e-mailed to City Council and can be found online at https://ci.billings.mt.us/475/Budgets-Financial-Reports. A brief overview and the budget message are attached.
The budget document is presented in two formats, outlined within the table of contents. Each section of the table of contents can be clicked upon to go directly to that section of the budget. The first section of the budget "Budget Highlights By Fund" can be used to view specific city funds. This is in the same format as years past. The second section titled "Department Budget Overview" contains the same financial information, but summarized by department. This is done because one department may oversee a variety of funds. These sections should be referenced for an overview of the department as a whole, and all expenses associated with that department.
The budget document is presented in two formats, outlined within the table of contents. Each section of the table of contents can be clicked upon to go directly to that section of the budget. The first section of the budget "Budget Highlights By Fund" can be used to view specific city funds. This is in the same format as years past. The second section titled "Department Budget Overview" contains the same financial information, but summarized by department. This is done because one department may oversee a variety of funds. These sections should be referenced for an overview of the department as a whole, and all expenses associated with that department.
RECOMMENDATION
No action is required, individual departments will be providing their respective budgets in the following weeks.