TITLE
Recommendation to receive supporting documentation into the record; conclude the public hearing; and take the actions necessary to adopt the Fiscal Year 2006 budget. (Citywide)
DISCUSSION
On August 12, 2005, the City Manager's Proposed Budget for Fiscal Year 2006 (FY 06) was delivered by the Mayor to the City Council and community with recommended amendments for consideration. Workshops and hearings were set for August 16, 2005, August 23, 2005, September 6, 2005 and September 13, 2005. During the scheduled workshops and hearings, presentations have been made by departments, and the City Council and community were provided multiple opportunities for input.
At the conclusion of the hearings, the City Council will be asked to amend the proposed budget as it deems appropriate, and to adopt the proposed budget as amended. Since the publication of the FY 06 Proposed Budget, updated estimates of the revenue and expense addressing technical corrections are listed by department and fund in Attachments B and C of this letter.
The Appropriations Ordinance officially adopts the FY 06 budget and authorizes expenditures in conformance with the adopted budget. To become effective October 1, 2005 this Ordinance must include a finding of emergency. Specific resolutions provide for approval of the budgets for the Harbor, Sewer and Water funds; certain fee adjustments; FY 06 Capital Improvement Program budget; approval of Redevelopment Agency projects for FY 06; endorsement of the updated Financial Strategic Plan; and, approval of the Mayor's and Budget Oversight Committee's recommended amendments to the FY 06 Proposed Budget .
This letter was reviewed by Assistant City Attorney Heather A. Mahood on September 6, 2005.
TIMING CONSIDERATIONS
In accordance with the Long Beach City Charter, the FY 06 budget must be adopted by September 30, 2005, following at least one public hearing. Should the City Council fail to adopt the budget on or by that date, the City M...
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