REQUEST FOR CITY COUNCIL ACTION
SUBMITTED TO: Honorable Mayor and City Council Members
SUBMITTED BY: Oliver Chi, City Manager
PREPARED BY: Dahle Bulosan, Chief Financial Officer
Subject:
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Public Hearing to Consider Adopting Resolution No. 2020-39 to Adopt a Budget for the City for Fiscal Year 2020/2021; Resolution No. 2020-32 establishing the Gann Appropriation Limit and Financial Policies; and Resolution No. 2020-44 to Grant another Designated Period for Two Years Additional Service Credit
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Statement of Issue:
The City Charter of the City of Huntington Beach requires a Public Hearing prior to the adoption of the City's annual budget. The City Charter further requires adoption of the annual budget by June 30, 2020 for Fiscal Year (FY) 2020/2021.
Financial Impact:
The Fiscal Year 2020/2021 Proposed Budget is a structurally balanced budget that addresses current financial challenges due to the COVID-19 pandemic, while still funding core public services. The All Funds Proposed Budget equals $359.0 million, including a General Fund Proposed Budget of $216.9 million. Individual departmental and fund-level appropriations are contained in the attachments herein.
Recommended Action:
recommendation
A) Open the Public Hearing on the proposed FY 2020/2021 City budget appropriation of $358,975,051 as outlined in the Proposed Budget document; and,
B) Adopt Resolution No. 2020-39, "A Resolution of the City Council of the City of Huntington Beach Adopting a Budget for the City for Fiscal Year 2020/21;" and,
C) Authorize the Professional Services included in the FY 2020/2021 budget to be representative of the services projected to be utilized by departments in FY 2020/2021; and,
D) Adopt Resolution No. 2020-32, "A Resolution of the City Council of the City of Huntington Beach Establishing the Gann Appropriation Limit for Fiscal Year 2020/2021" of $1,001,044,445; and,
E) Approve budget adjustments to the FY 2020/2021 Proposed Budget in the Funds an...
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