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AGENDA ITEM REVIEW FORM
5.F.
Special City Council Meeting
Meeting Date:
06/29/2016
Department Head:
Ketie St. Louis
Submitted By:
Ketie St. Louis, Finance Director, Finance Department
Action Requested:
Motion
Public Hearing

ITEM:

Public hearing followed by discussion and possible action on any and all matters regarding approval of Resolution No. 1150.  A resolution of the Mayor and Council of the City of San Luis adopting the final budget for Fiscal Year 2017.  (Ketie St. Louis, Finance Director)

A. Open public hearing
     1. Staff Presentation
     2. Call to the Public on this Item
B. Close public hearing
C.  Action on Resolution No. 1150

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 15, 2016.  At this point, staff has reviewed, revised, and compiled the data from all the work sessions for expected fiscal year 2016-17 revenues and expenditures.  Therefore, we are submitting the final budget to Council for acceptance.

RECOMMENDATION / SUGGESTED MOTION:

A.  "I MOVE TO OPEN THE PUBLIC HEARING"
B.  "I MOVE TO CLOSE THE PUBLIC HEARING"
C.  "I MOVE TO APPROVE RESOLUTION NO. 1150"

Fiscal Impact

IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
NONE
CITY/STATE/FEDERAL FUNDS:
N/A
TOTAL:
0.00
BUDGETED:
0.00
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):

No Fiscal Impact.

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