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AGENDA ITEM REVIEW FORM
5.7.
Regular City Council Meeting
Meeting Date:
06/24/2015
Department Head:
Ketie St. Louis
Submitted By:
Ketie St. Louis, Finance Director, Finance Department
Action Requested:
Motion
Public Hearing
Resolution

ITEM:

Public hearing followed by discussion and possible action to approve Resolution No. 1102, a resolution by Mayor and Council of the City of San Luis adopting the final budget for Fiscal Year 2016. (Ketie St. Louis)

A.  Open public hearing
B.  Close public hearing
C.  Action on Resolution No. 1102

SUMMARY:

Pursuant to State Statute, the City Council is required to hold a public hearing before adopting the final budget that will establish the maximum ceiling for the City's budget.
Several budget preparation workshops were held during the month of April followed by the submission of a tentative recommended budget that was provided to City Council on June 10, 2015.  At this point staff has reviewed, revised, and compiled the data from all the work sessions for expected fiscal year 2015-16 revenues and expenditures.  Therefore, we are submitting the final budget to Council for acceptance.
 

RECOMMENDATION / SUGGESTED MOTION:

1.  I MOVE TO OPEN PUBLIC HEARING

2.  I MOVE TO CLOSE PUBLIC HEARING

3.  I MOVE TO ADOPT RESOLUTION 1102 ADOPTING THE BUDGET OF THE CITY OF SAN LUIS FOR   FISCAL YEAR 2015-2016.


Fiscal Impact

IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
0
CITY/STATE/FEDERAL FUNDS:
0
TOTAL:
0
BUDGETED:
0
AVAILABLE TO TRANSFER:
0
ACCOUNT #/REMAINING BALANCE:
0

FISCAL IMPACT STATEMENT:

N/A

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