These resolutions provide for the formal adoption of the Fiscal Year 2017 budget. The proposed budget has been available for review since May 2, 2016. Five (5) public presentations have been made regarding the proposed budget and the Council committed approximately 14 hours for this review.  Section 2 of these resolutions allow the City Administrator to amend this budget for Debt Service Funds, Federal and State Grants, Special Assessment and donations accepted and approved by the City Council. The City Council authorizes issuing debt and acceptance of grants and donations, other than donations which are handled per administrative order. Approving budget amendments to allow these expenditures is therefore redundant. This delegation of authority is allowed by State Statutes

There are four FY 17 budget resolutions:
Attachment A - General and Public Safety Funds
Attachment B - Enterprise Funds
Attachment C - Internal Service Funds
Attachment D - All Other Funds

The Council must hold a public hearing on June 13th and then may:

• Approve the resolutions; or
• Not approve the resolutions;
• Delay adoption of the resolutions

Delaying approval of the resolutions beyond July 1, 2016, would cause City departments to delay capital projects and purchasing some operating supplies or services.  Not approving the resolutions would violate State law, which requires cities to adopt their budgets and to set tax levies no later than October 1.

The resolutions set the spending limits for all City Funds.  Amendments during the year are accomplished in exactly the same way as the original adoption, with the few exceptions noted in the resolution.  The total budget for FY 2017 is $329,961,137.  The four attachments are as follows:
Exhibit A - General and Public Safety Funds  $  77,498,997
Exhibit B - Enterprise Funds                             161,938,419
Exhibit C - Internal Service Funds                      25,182,486
Exhibit D - All Other Funds                                 65,341,235
Total                                                                $329,961,137

Staff recommends that the City Council conduct a public hearing on June 13^th and approve the resolutions approving and adopting the FY17 Budget.