DEPARTMENT: Office of Management and Budget
DEPARTMENT HEAD: Maria Villagomez
COUNCIL DISTRICTS IMPACTED: City Wide
SUBJECT:
City Council Worksession on FY 2016 Proposed Budget
SUMMARY:
A Budget Worksession will be held on September 8 for City Council to discuss potential amendments to the FY 2016 Proposed Operating and Capital Budget.
BACKGROUND INFORMATION:
The FY 2016 Proposed Budget was presented to the Mayor and City Council on August 6, 2015. The FY 2016 Proposed Budget reflects City Council policy direction and community priorities. The Budget decreases the City's property tax rate, increases funding to streets and sidewalks, and maintains public safety spending below 66% of the General Fund. Additionally, budgeted financial reserves are maintained at 15% of General Fund revenues. The budget proposal does not recommend any layoffs of uniform or civilian employees.
The Proposed Consolidated Annual Budget, comprised of all funds excluding transfers, totals $2.5 billion. The General Fund budget is $1.1 billion; restricted funds, including Aviation, Development Services, and Solid Waste, total $780 million; and the FY 2016 Capital Budget is $670 million.
Prior to the Proposed Budget presentation, residents participated in the new SpeakUp campaign, this included a user-friendly website, meetings across the city, an interactive budget balancing simulator, and social media. Between May 30, 2015 and June 23, 2015, more than 30 meetings were held with more than 1,100 attendees. The SpeakUp campaign generated more than 1,900 comments. Residents identified top service priorities as 1) Streets, Sidewalks, and Drainage, 2) Social Services and Programs, and 3) Parks and Recreation.
Following the Proposed Budget presentation, five Budget Open Houses were held between Monday, August 17 and Tuesday, August 25.
Two City-wide Public Hearings on the Budget and the City's Property Tax Rate were held on Wednesday, August 19,...
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