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CONSENT <br /> <br /> <br />MEMORANDUM <br /> <br />DATE: April 29, 2013 <br /> <br />TO: Honorable Mayor and City Councilmembers <br />Patrick Klaers, City Administrator <br /> <br />FROM: Sue Iverson, Director of Finance and Administrative Services <br />Kyle Howard, Finance Analyst <br /> <br />SUBJECT: 2014 Budget Calendar <br /> <br /> <br /> <br />Background <br /> <br />Each year the City Administrator is to submit a budget to the City Council. The Council then <br />th <br />adopts a preliminary budget and levy to certify to the county by September 15 of each year. <br />Once this preliminary levy is set, it cannot be increased but may be decreased. A final budget <br />and levy are adopted by the City Council and certified to the county by late December each year. <br />By statute, the City Council is legally required to adopt budgets for the general fund and all <br />special revenue funds. <br /> <br /> <br />Discussion <br /> <br />Staff discussed preliminary budget parameters with the City Council at its worksession on April <br />15, 2013. In order to officially start the budget process, a budget calendar needs to be approved <br />by the council. Attached is a draft calendar for council approval. <br /> <br />Council Action <br /> <br />A motion to approve the 2014 budget calendar as presented. <br /> <br />Attachment <br /> <br />Attachment A: 2014 Budget Calendar <br /> <br /> <br /> <br />11 <br />Page of <br /> <br />