HomeMy WebLinkAbout1C, 2010 Budget Calendar
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MEMORANDUM
DATE:
May 14,2009
Agenda Item 1.C
TO: Honorable Mayor and City Council
Ron Moorse, City Administrator
FROM: Sue Iverson, Finance Director
SUBJECT: 2010 Budget Calendar
BACKGROUND:
Each year the City Administrator is to submit a budget to the City Council. The Council then
adopts a preliminary budget and levy to certify to the county by September 15th of each year.
Once this preliminary levy is set, it cannot be increased - but may be decreased. A final budget
and levy are adopted by the City Council and certified to the county by late December each year.
By statute, the City Council is legally required to adopt budgets for the general fund and all
special revenue funds.
DISCUSSION:
In order to start the budget process, a budget calendar needs to be approved by the council.
Attached is a draft copy for council discussion.
RECOMMENDED ACTION:
Staffis seeking input for the 2010 budget process and calendar.
May 18, 2009
June 12, 2009
June 15,2009-
July 10, 2009
July 10, 2009
July 20, 2009 -
July 24, 2009
July 31,2009
August 3, 2009
August 17, 2009
September 8, 2009
CITY OF ARDEN HILLS
2010 BUDGET CALENDAR
City Council Approval of Budget Instructions and Parameters.
Forms Distributed to all Department Heads.
Department Heads Prepare Budgets and Background Material.
Department Heads Submit Budget Requests to Finance
department.
City Administrator and Finance Director review Department
Budgets and Confer with Departments.
Finance department completes Preliminary Revenue Estimates.
City Administrator Budget is drafted for Presentation to
Council at work session
City Council work session to discuss Preliminary 2010 Budget
City Administrator's recommended Preliminary 2010 Budget
distributed to the City Council
September 14, 2009 City Council adopts the Preliminary 2009 Property Tax Levy
(Payable 2010)
September 14, 2009 Council Certifies date for public (TNT) hearing and continuation
hearing (if necessary) to county
September 15,2009 Finance Director submits preliminary 2009 property tax levy
(Payable 2010) to County for certification
Mid-November
Early December
Mid-December
Late December
Truth in Taxation Notices and Public Hearings Schedule
distributed
by County.
Public Hearing for Budget and Levy Consideration.
Continuation Hearing, Approval of Budget and Certification of
Property Tax Levy for submission to County.
Finance Director Submits final levy to County and prepares Final
Budget Document.