The proposed 2021 Preliminary Budget and 2021-2025 Capital Budget (attached and posted to City website) will be reviewed with Council in four study sessions scheduled as follows:
Tuesday, October 6, 2020 from 9:00 am to 11:00 am
Thursday, October 8, 2020 from 9:00 am to 11:00 am
Tuesday, October 13, 2020 from 9:00 am to 11:00 am
Thursday, October 15, 2020 from 9:00 am to 11:00 am
Session 1 Agenda
9:00 Introduction – Bob Harrison
9:15 – Budgeting 101 – Steve Groom
- Preliminary Budget Book
- Fundamentals of City Budgeting
- Economy – 2020, COVID
- Known Hurdles
Revenues
- Budgeting during COVID
- Major Funding Forecasts
- Property Tax Rates / Lift Capacity
- Economic Assumptions
Expenses Overview - (Departments to present Sessions 2 & 3)
- General Fund, Enterprise, Other Funds
- Refuse Rate Study and Recommendation
- Capital Budget
Long-term policy Issues – (Session 4 presentations)
- Strategic Priorities
- Fund Balance Policy
- Perpetual Vehicle Replacement
- Mill Site
10:45 Questions, discussion, direction |