These resolutions provide for the formal adoption of the Fiscal Year 2019 budget. The proposed budget has been available for review since May 4, 2018. Six (6) public presentations have been made regarding the proposed budget and the Council committed approximately 30 hours for this review. Section 2 of these resolutions allows 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 19 resolutions to be adopted by the Council:
1.) General and Public Safety Funds
2.) Enterprise Funds
3.) Internal Service Funds
4.) All Other Funds

The Council must hold a public hearing on June 25th and then may:

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

Delaying approval of the resolutions beyond July 1, 2018, may 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 30 days after receiving the Dept. of Revenue Certified Taxable Value Statement (approximately August 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 resolutions.  The total budget for FY 2019 is $319,969,879.  The four attachments are as follows:
Exhibit A - General and Public Safety Funds  $  88,392,811
Exhibit B - Enterprise Funds                             126,812,642
Exhibit C - Internal Service Funds                      27,029,532
Exhibit D - All Other Funds                                 77,734,894
Total                                                                $319,969,879

Staff recommends that the City Council conduct a public hearing on June 25^th and approve the resolutions approving and adopting the FY19 Budget.