REPORT TO COUNCIL
SUBJECT
Title
Review of the Proposed FY 2018/19 & FY 2019/20 Biennial Capital Improvement Program Budget
Report
BACKGROUND
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 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. The pillars that have a direct Capital Improvement Program (CIP) impact are "Enhance Community Sports and Recreational Assets" and "Deliver and Enhance High Quality Efficient Services and Infrastructure". In addition, the City Council approved the 2018/19 Budget Principles at the Council Retreat.
The Budget Principles that directly relate to the CIP Budget are as follows:
* Consider budget decisions with long-term implications taken into account using data from the Ten-Year Financial Plan.
* Focus on projects and services that benefit the community as a whole.
* Use one-time unrestricted revenues (e.g., annual General Fund surplus) for one-time uses such as increasing reserves, funding capital or Information Technology projects, paying off debt, and/or paying off unfunded pension or other post-employment benefits liabilities.
* Inform and communicate clearly and broadly to residents, businesses and employees of the City's fiscal position and schedule budget hearings to attract active participation in the City Council's budget deliberations.
These were the guiding priorities and principles that departments were directed to follow during the budget preparation and which were incorporated into the proposed CIP budget.
As was proposed by staff and approved by the City Council at the Council Priority Setting, this budget moves the City to a t...
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