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AGENDA ITEM REVIEW FORM |
3.A.
Special City Council Meeting
- Meeting Date:
- 06/15/2016
- Department Head:
- Ketie St. Louis
- Submitted By:
- Ketie St. Louis, Finance Director, Finance Department
Action Requested:
Motion
ITEM:
Discussion and possible action on any and all matters regarding acceptance of the tentative budget for fiscal year 2016-2017 (Ketie St.Louis, Finance Director).
SUMMARY:
Pursuant to State Statute, the Council is required to adopt a tentative budget to set the maximum ceiling for expenditures. Prior to final adoption of the Fiscal Year 2016-2017 budget, Council may reallocate expenditures and revenues among departments differently than set forth in the tentative budget and may decrease expenditures as well.
A budget preparation workshop was held on April 16, 2016. Administrative staff has compiled the data from the work session for expected revenues and expenditures/expenses for fiscal year 2016-2017. The tentative budget is now submitted for Council’s acceptance.
A budget preparation workshop was held on April 16, 2016. Administrative staff has compiled the data from the work session for expected revenues and expenditures/expenses for fiscal year 2016-2017. The tentative budget is now submitted for Council’s acceptance.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO APPROVE THE TENTATIVE BUDGET FOR FISCAL YEAR 2016-2017.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- No
- CITY/STATE/FEDERAL FUNDS:
- N/A
- TOTAL:
- N/A
- BUDGETED:
- N/A
- AVAILABLE TO TRANSFER:
- N/A
- GL ACCT # & NAME/REMAINING BALANCE BEFORE PURCHASE:
- N/A
FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):
None