Title:
Title
Adoption of the Fiscal Year (FY) 2019/20 Operating Budget and 2019-2024 Capital Improvement Program [Noticed 05/31/2019]
End
FileID
File ID: 2019-00519
Location
Location: Citywide
Recommendation:
Recommendation
Conduct a public hearing and upon conclusion, adopt a Resolution: 1) approving the FY2019/20 Operating Budget and 2019-2024 Capital Improvement Program (CIP); 2) adopting the General/Measure U (G/MU) Fund Uncertainty Reserve (EUR) Policy; and 3) rescinding the Measure U Financial Management Policy.
Contact: Howard Chan, City Manager, (916) 808-7488, Office of the City Manager; Dawn Holm, Director, (916) 808-5574; Daniel Choe, Interim Budget Manager, (916) 808-5049, Department of Finance
Body
Presenter: Dawn Holm, Director, (916) 808-5574, Department of Finance
Attachments:
01-Description/Analysis
02-Attachment 1 Mayor/Council Budget Priority Memo
03-Attachment 2 Measure U Financial Management Policy
04-Attachment 3 Resolution
05-Exhibit A Budget Changes
06-Exhibit B FTE Changes
07-Exhibit C Measure U Programming
08-Exhibit D FY2019/20 Approved Budget
09-Exhibit E 2019-2024 Approved CIP
10-Exhibit F G/MU EUR Policy
Description/Analysis
Issue Detail: The City Charter, Article IX, Section 111 requires the City Manager to deliver budget recommendations no later than 60 days prior to the start of the new fiscal year. The City Manager's FY2019/20 Proposed Budget (Budget) was released on April 24, 2019. As part of the budget presentations, changes to the Budget necessary to implement programs and services for the fiscal year were identified. The following summarizes the changes recommended by the City Manager, presented through June 4, 2019:
* $95,000 in funding for the Community Against Sexual Harm was changed to a one-time commitment for FY2019/20 (May 21, 2019, Item 19);
* $367,000 in one-time funding for the 4th R Program was eliminated as the California Department of Education will be able to transfer all affected children t...
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