What are your comments and feedback on the FY 2014-15 Proposed Budget?
The City of Vallejo invites the public to comment and provide feedback on the FY 2014-2015 Proposed Budget.
The City Manager is required to submit the Proposed Budget to the City Council by May 15 each year. The City’s fiscal year runs from July 1 to June 30. The City Manager’s Proposed Budget is based on the following key guiding principles:
- Maintain fiscally prudent reserves.
- Conservatively project revenue growth.
- Utilize Measure B revenues only to augment existing services or rebuild reserves.
- Use a five-year financial forecast to look beyond the current fiscal year for future challenges.
- Continue to address long-term liabilities and maintenance deficiencies.
As a point of reference, the City recommends the public read the budget message presented by City Manager Daniel E. Keen at the beginning of the document. The Proposed Budget also includes proposed expenditures and revenues in the City’s different funds, descriptions for the City’s programs and organizational changes, a section with Proposed Measure B Appropriations by category, capital improvement project information, organizational charts, revenue assumptions and salary & benefit information.
A formal study session to discuss the budget is scheduled for Tuesday, May 27 during the regular City Council Meeting at 7:00 p.m. The City Council is scheduled to take action on the budget at its meeting on Tuesday, June 10. Please contact Deborah Lauchner, Finance Director, for additional information, (707) 648-4592.
Outcome: Under review.
June 10, 2014Read More
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