REPORT TO COUNCIL
SUBJECT
Title
Adoption of the FY 2014/15 Budget, Fee Schedule, and Appropriations Limit
Report
BACKGROUND
On May 22, 2014, City Council held a budget workshop to review in detail the FY 2014/15 Recommended Budget and Resource Allocation Plan. On June 10, 2014, the City Council held public hearings on the FY 2014/15 Recommended Budget, the establishment of the City's Appropriations Limit, and the Fee Schedule. The public offered comments at this hearing. Notification of the hearing was sent to those who specifically requested notice of fee increases as per the provisions of California Government Code section 66016(a). Council must now adopt a FY 2014/15 Budget, Fee Schedule, and Appropriations Limit.
EXISTING POLICY
The California Constitution Article XIIIB requires that the City annually adopt an appropriations limit for the upcoming fiscal year.
City Charter, Section 1304 requires the City Council to adopt the budget for the upcoming fiscal year on or before June 30.
Council Policy 7.1.1 Fiscal -Long Range Goals and Financial Policies:
7.1A.1.3 A balanced Twenty-Year Resource Allocation Plan shall be presented to the City Council annually.
7.1A.1.9 The City Council shall adopt the City Manager's Recommended Budget, with any changes desired, by resolution before June 30th of each year.
7.1A.1.13 All competing requests for City resources should be weighed within the formal annual budget process.
ENVIRONMENTAL REVIEW
N/A
DISCUSSION
Three actions by the City Council are required at tonight's meeting. First, the City Council must consider and take action on the proposed fee changes. The proposed Fee Schedule is presented as Exhibit A under Attachment 1 - FY 2014/15 Fees, Rates, and Charges Resolution.
Second, the City Council must adopt the FY 2014/15 Budget by June 30, 2014. Traditionally, this has been accomplished by resolution. The Budget Resolution, including exhibits, presents the appropriations by fun...
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