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File #: 20-1599   
Type: Public Hearing Status: Held
File created: 4/28/2020 In control: City Council/Public Financing Authority
On agenda: 6/15/2020 Final action:
Title: 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
Attachments: 1. Att#1 - Public Hearing Notice, 2. Att#2 - Resolution No. 2020-39 Adopt FY 20.21 Budget (1), 3. Att#3 - Professional Services FY2020-21, 4. Att#4 - Resolution No. 2020-32 GANN Appropriation Limit, 5. Att#5 - Resolution No. 2020-44 Authorize Early Retirement Program, 6. 06/12 Sup Com 14, 7. 6.15.20 SC Bulosan-PPT, 8. 6.15.20 SC Sorenson-Email
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:
title
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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