City of Santa Clara - File #: 18-277

• File #: 18-277
• Version: 1
• Type: Public Hearing/General Business
• Status: Agenda Ready
• File created: 3/12/2018
• In control: Council and Authorities Concurrent Meeting
• On agenda: 6/12/2018
• Title: Public Hearing: Consideration of the City of Santa Clara's Annual Operating Budget, Biennial Capital Improvement Program (CIP) Budget, and Ten-Year Financial Plan

Date	Ver.	Action By	Action	Result
6/12/2018	1	Council and Authorities Concurrent Meeting	Approved	Pass
6/12/2018	1	Council and Authorities Concurrent Meeting	Approved	Pass

REPORT TO COUNCIL
SUBJECT
Title
Public Hearing: Consideration of the City of Santa Clara's Annual Operating Budget, Biennial Capital Improvement Program (CIP) Budget, and Ten-Year Financial Plan

Report
BACKGROUND
In January 2018, the City Council held a Council Operational and Strategic Priority Setting Retreat (Council Priority Setting), in which the City Council Strategic Pillars were identified and discussed, and the Budget Principles were adopted. The pillars are as follows:

1. Promote and Enhance Economic and Housing Development
2. Enhance Community Sports and Recreational Assets
3. Deliver and Enhance High Quality Efficient Services and Infrastructure
4. Maintain Adequate Staffing Levels
5. Enhance Community Engagement and Transparency
6. Ensure Compliance with Measure J and Manage Levi's Stadium

These were the guiding priorities and principles that departments were directed to follow during the budget preparation and which were incorporated into the Proposed 2018/19 Annual Operating Budget and the Proposed 2018/19 & 2019/20 Biennial CIP Budget. As was proposed by staff and approved by the City Council at the Council Priority Setting, this budget moves from a Five-Year Financial Plan to a Ten-Year Financial Plan which allows for a better understanding of today's fiscal actions over the long term and aligns with the existing strategic pillars.

City Charter Section 1302 Budget - Submission to City Council requires that at least thirty-five days prior to the beginning of each fiscal year, or at such prior date thereto determined by the City Council, the City Manager shall submit to the City Council the proposed budget. In compliance with the Charter, the Proposed 2018/19 & 2019/20 Biennial Capital Improvement Program (CIP) Budget was presented to the City Council at a Study Session held on May 9, 2018 and the Proposed 2018/19 Annual Operating Budget was presented to the City Council at a Study Session held on May 22, 2018. These study sessions were hel...