HomeMy WebLinkAbout4B, 2011 Budget Calendar_ _ _ _
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Re uest for Council Action
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Prepared By: Sue Iverson,
Acting City Administrator Council Meeting Date: Apri126, 2010
Finance Director/Treasurer
2011 Budget Calendar
Budgeted Amount: Actual Amount: Funding Source:
N/A N/A N/A
Recommendation:
i. Motion to adopt 2011 Budget Calendar as presented.
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Supporting Documents:
1. See the attached memo from Sue Iverson dated April 26, 2010.
2. 2011 Budget Calendar.
�.� EN HILL5
MEMORANDUM
DATE: April 26, 2010
TO: Honorable Mayor and City Council Members
FROM: Sue Iverson, Acting City Administrator
Finance Director/Treasurer
SUBJECT: 2011 Budget Calendar
Back�round
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 approval.
Council Action
A motion to approve the 2011 budget calendar as presented.
City Council Meeting
\�1Vletro-inet.us\ardenhills�Admin\Council�Agendas & Packet Information\2010\4-26-10 Regular�.Packet
Information\2011 _Budget_Calendar_Memo . doc
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CITY OF ARDEN HILLS
2011 BUDGET CALENDAR
May 17, 2010
June 11, 2010
June 14, 2010 —
July 9, 2010
July 9, 2010
July 19, 2010 -
July 23, 2010
July 30, 2010
August 2, 2010
August 16, 2010
September 7, 2010
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 2011 Budget
City Administrator's recommended Preliminary 2011 Budget
distributed to the City Council
September 13, 2010 City Council adopts the Preliminary 2010 Property Tax Levy
(Payable 2011)
September 13, 2010 Council Certifies date for public (TNT) hearing and continuation
hearing (if necessary) to county
September 15, 2009 Finance Director submits preliminary 2010 property tax levy
(Payable 2011) 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.