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W%TA 0 M ML ---a To: Honorable Mayor Klausing & Roseville City Council From Bill Ma roan, City Manager Date: August 11, 2008 Re: 2009 City Manager Recommended Budget Mayor Klausing & City Council.- Date.- 9/08/08 Item.- 12.z Enclosed is my recommended budget for Fiscal Year 2009. This budget has been prepared following requests by departments for proper funding of operations and capital outlay, and reflects staff's understanding of City Council and community priorities, based upon the Imagine Roseville 2025 visioning process. In addition, it is prepared in conformance with the recently passed legislation that limits local government property tax increases to 3.9% annually. The process for preparation of the budget follows City Council action to review and adopt financial and budgetary policies and the establishment of a calendar to guide budget preparation and review process. Based upon those guiding principles, the budget attempts to further a number of goals begun last year, which were addressed in priority of importance, consistent with the goals and strategies of the visioning process.- 1), Make progress towards compliance of all Council-adopted fiscal and budget policies 2), Strengthen the City's asset replacement funding mechanisms 3), Appropriate monies for safety-related and OSHA-required equipment purchases 4 Ensure the preservation of current programs and services at existing levels 5), Imagine Roseville 2025 Initiatives With the adoption of the 2008 budget, the City Council furthered each of these goals to some degree. As we began the preparation of the 2009 budget, we continued to emphasize those same goals, and the additional goal of implementing Departmental Strategic Plans, but it must be acknowledged that the limitations of the tax levy legislation will severely hamper that effort. Each of these budget priorities is addressed in greater detail below. Bear in mind that this focuses only on the City's property tax - supported programs. It is expected that all fee-based or user charge-based programs will be sufficiently funded with fee or rate increases. Compliance with Council-,Adopted Fiscal and Budget Policies Last year, the City Council adopted a number of fiscal and budget policies. At the time,, it was noted that the City had not fully adhered to these policies in the past. The 2008 Budget began a 5-year plan to achieve full compliance. This included not only the recommendation for a structurally balanced budget, but added emphasis on strengthening the City's cash reserves in the City's core operating funds.