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CASE 1995 BUDGET PROCESS UPDATE By: Jessie Hart, Finance Officer Background: As you are all ~obably aware b), now, the 1995 Budget Process is in full swing. The process actually began I/ack in October of 1993 when staff was provided with forms for 1995 personnel and capital outlay requests. The process has been subjected to all the steps and is now at the point in time when all !'equests have been summarized and are being reviewed by the City Administrator, Department Heal:Is and supervisors. I have attached g copy of the budget calendar and a chronology of the process thus far. The next step is to set up ~eetings between staff and the Finance Committee to review the requested 1995 budget once st~f has completed its reviews. The budget calendar indicates that these meetings should be held between August 8-19, 1994. To accommodate the calendar, I have identified several dates tha~ would work for these work shops. We hope to start each evening at 5:30 p.m., which will accommodate a brown bag process. [Staff will take care of the arrangements.] It is expected that theimeetings will run to about 9:00 p.m. We should be able to accomplish the review in two meetings,7 however, I would like an alternate meeting set in the event seven hours on two nights is not sufficient. The dates that I ~ave identified are as follows: Monday ay Tuesday Wednesday Thursday August 9, 1994 ._~d~ August 16, 1994 August 17, 1994 August 18, 1994 (if no Board of Adjustment is necessary) I will be disn-ibui;ng a copy of the 1995 budget requests at the July 26, 1994 Finance Committee meeting. This will be the same information that was reviewed during the staff worksessions, with any corrections, Sdditions or deletions made accordingly. I will also provide a rough estimate of what we feel ourirevenues will be. This will allow a considerable amount of time for the Finance Committee to re,flew the requests and formulate questions and concerns prior to the meetings in August. Staff Recommgndation: Staff recommends that the Finance Committee set three dates from those listed above, with one being an alternate, for the initial Staff/Committee worksessions to review the 1995 budget requests. ~ Committee Action: Set dates for the initial Staff/Committee worksessions to review the 1995 budget requests - based on discussion. Reviewed By: City Administrator Finance Officer FC: 07/26/94