Laserfiche WebLink
REQUEST FOR <br />COUNCIL ACTION <br />CITY COUNCIL MEETING DATE: <br />JUNE 6, 2011 <br />TITLE: <br />PUBLIC HEARING - FISCAL YEAR <br />2011 -12 CITY BUDGET <br />i <br />CITY MANAGER <br />RECOMMENDED ACTION <br />CLERK OF COUNCIL USE ONLY: <br />APPROVED <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 1St Reading <br />❑ Ordinance on 2nd Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For_ <br />CONTINUED TO <br />FILE NUMBER <br />1. Adopt an ordinance appropriating monies for the fiscal year commencing July 1, 2011. <br />2. Adopt a resolution amending resolution numbers 82 -110, 91 -066 and 96 -095 to effect certain <br />changes to the City's basic classification and compensation plans. <br />DISCUSSION <br />The 2011 -12 fiscal year budget fulfills the City's purpose of providing quality service to enhance <br />the safety, livability and prosperity of our community. In addition, this budget emphasizes four City <br />Council focused priorities: enhance public safety, improve transportation infrastructure, address <br />minor deferred maintenance projects in parks, and continues established strategies to move the <br />City to long -term financial stability. As a result of uncertainty at the State level, the global financial <br />crisis and the current economic impact on local and state resources, developing strategies for <br />long -term financial stability has become even more important. The proposed budget maintains <br />core programs and services to the extent possible. <br />The total annual proposed budget for fiscal year 2011 -12 is $459,361,890 which includes a capital <br />projects budget of $25.4 million, primarily funded through grants; refuse, sewer, water, sanitation, <br />parking meter and regional transportation center budgets totaling $92 million; a housing assistance <br />budget of $39.2 million; a redevelopment agency budget of $50.6 million; special revenue and <br />grant funds amounting $42.1 million and a general fund budget of $210 million. <br />In an effort to protect critical front -line services provided to the public, the proposed budget <br />integrates various revenue raising and expenditure reduction strategies which include, the use of <br />75C -1 <br />