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� <br />EN HILLS <br />MEMORANDUM <br />DATE: Apri125, 201.1 <br />TO: Honorable Maypr and City Councii Me�nbers <br />Patrick Klaers, City Administrator <br />FROM: Sue Iverson, Director of F�nance and Administrative Services <br />�UBJECT: 2012 Budget Calendar <br />Back�round <br />Each year the City Administrator is to submit a budget io t�e City Council. The Cour�cil <br />then adopts a prelizx�znary budget and levy to certify to the county by September 15� of <br />each year. Once this pxel�minary Ievy is set, it cannot be increased — but may be <br />decreased. A final budget and �evy are adopted by the City Council az�d certifed to the <br />county by laie December each year. By statute, the City Council is legaliy required to <br />adopt budgets for the general fund and all special revenue funds. <br />Discussian <br />In order to start the budget process, a budget calendar needs to be appxaved by the <br />council. Attached is a draft copy for counci� approval. <br />Council Acfio� <br />A�notion ta approve the 2012 budget calendar as presented. <br />Gity Council Meeting <br />11Metro-inet.uslardenhi11s1Adrr►inlCouncillAgendas & Packet In%rmation1201114-25-11 RegularlPacket <br />Tnformation12012_Budget_Calendar Memo.docx <br />� Page 1 of 1 <br />