4.
City Council Budget Retreat
- Meeting Date:
- 02/01/2021
- From:
- Brandi Suda, Finance Director
TITLE
City Council Fiscal Year 2021-22 Budget Retreat
STAFF RECOMMENDED ACTION:
Discuss and provide direction for the Fiscal Year 2021-22 budget.
EXECUTIVE SUMMARY:
The budget for the City of Flagstaff is the policy document that reflects the goals and objectives of the City Council. Over the course of several months, the City Council meets to gather input on major budget issues prior to the preparation of the budget.
The February 1st retreat will be the second of three City Council budget retreats for the upcoming FY 2021-22 budget. This special meeting is set to provide a financial outlook to the Council and to provide additional information and receive City Council on some budget issues. The main goal of the retreat is for the City Council to provide FY 2021-22 budget direction to the City Manager.
The February 1st retreat will be the second of three City Council budget retreats for the upcoming FY 2021-22 budget. This special meeting is set to provide a financial outlook to the Council and to provide additional information and receive City Council on some budget issues. The main goal of the retreat is for the City Council to provide FY 2021-22 budget direction to the City Manager.
INFORMATION:
A detailed agenda for the budget retreat is attached. Agenda topics include:
- Retreat Welcome
- Budget Timeline
- Priority Based Budget Overview
- Revenue Update
- Fixed Costs and Available Revenues
- Recession Plan Update
- Priority Based Budget Deep Dive
- Compensation Update
- Taxes, Fees, Potential Revenue/Bond Needs
- Council Forum/Budget Expectations
- Public Participation
- Detailed Agenda
- Budget Retreat Presentation