13.D.i.
City Council Meeting - FINAL
- Meeting Date:
- 06/18/2019
- From:
- Brandi Suda, Finance Director
Information
TITLE:
Consideration and Adoption of Resolution No. 2019-25: A resolution of the Council of the City of Flagstaff, Arizona, adopting the Budget for the Fiscal Year 2019-2020
STAFF RECOMMENDED ACTION:
1) Read Resolution No. 2019-25 by title only
2) City Clerk reads Resolution No. 2019-25 by title only (if approved above)
3) Adopt Resolution No. 2019-25
4) Adjourn Special Meeting and reconvene Regular Meeting
2) City Clerk reads Resolution No. 2019-25 by title only (if approved above)
3) Adopt Resolution No. 2019-25
4) Adjourn Special Meeting and reconvene Regular Meeting
Executive Summary:
Each municipality is required to adopt a budget as prescribed by A.R.S. Title 42, Chapter 17, Articles 1 through 5. As published in the tentative adoption of the budget, the final budget is to be adopted on June 18, 2019 (during a Special Meeting), and following a public hearing to receive citizen comments.
Financial Impact:
The final budget adoption allows the City to commit and spend funds for community needs as described in the FY 2019- 2020 Budget.
Policy Impact:
The FY 2019- 2020 budget is the financial plan of the City for the upcoming fiscal year.
Connection to Council Goal, Regional Plan and/or Team Flagstaff Strategic Plan:
Economic Development
Affordable Housing
Social Justice
Transportation and Other Public Infrastructure
Building and Zoning/Regional Plan
Climate Change
Water Conservation
Environmental and Natural Resources
Personnel
Community Outreach
Town & Gown
Code Compliance
Affordable Housing
Social Justice
Transportation and Other Public Infrastructure
Building and Zoning/Regional Plan
Climate Change
Water Conservation
Environmental and Natural Resources
Personnel
Community Outreach
Town & Gown
Code Compliance
Has There Been Previous Council Decision on This:
- January Budget Retreat on January 9 and 16, 2019
- February Budget Retreat on February 7, 2019
- Council Budget Work Session on April 23 & 24, 2019
- Tentative Budget Adoption on June 4, 2019
Options and Alternatives:
As the City adopted the tentative budget on June 4, 2019, the maximum appropriation for FY 2019-2020 has been set. The Council could choose to make adjustments within that maximum appropriation or make reductions in the maximum appropriation.
Background and History:
The budget was presented for tentative adoption on June 4, 2019. The tentative adoption established the maximum appropriation for the City for FY 2019-2020. The budget legal schedules were published in the Arizona Daily Sun on June 7, 2019 and June 14, 2019.
Key Considerations:
The adoption of the tentative budget set forth into motion a legally mandated time sequence of actions of which the Council must adhere to adopt a final budget. If this time sequence is not met as required by statute, the tentative budget adoption, final budget adoption and related publications must be started over. The final budget adoption must occur after a public hearing and Council must convene into a Special Meeting to adopt the final budget. The budget must be adopted by the third week of July.
June 4, 2019 Tentative adoption of budget by Council
June 18, 2019 Public hearing on "Truth in Taxation", FY 2019-2020 Budget and Property Tax Levy
June 18, 2019 Final budget adoption (done in a Special meeting)
June 18, 2019 Public hearing on "Truth in Taxation", FY 2019-2020 Budget and Property Tax Levy
June 18, 2019 Final budget adoption (done in a Special meeting)
Community Involvement:
The budget process has allowed for public participation which is vital for the City Council in determining the current year goals and objectives. The budget assists in translating the community's goals and objectives as determined by City Council into fiscal reality. Timely budget adoption allows the City to commit expenditures as related to the FY 2019 - 2020 Budget as needed for ongoing operational consistency to the citizenry. The FY 2019 - 2020 Budget is balanced.
Expanded Options and Alternatives:
Inform/Involve: Earlier this evening there was a public hearing to receive any last public comments prior to final budget adoption. Budget legal schedules were published in the June 7, 2019 and June 14, 2019 Arizona Daily Sun to allow for community review. In addition, the legal and other budget schedules were made available at City Hall, at both Flagstaff Public Libraries, and on the official city website.