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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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. 2020-46 to Grant another Designated Period for Two Years Additional Service Credit (Continued from June 15, 2020 with Public Hearing Closed)
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Statement of Issue:
The City Council was presented the FY 2020/2021 Proposed Budget for adoption and a Public Hearing on June 15, 2020. The item was continued to a Special Meeting on June 29, 2020. The City Charter of the City of Huntington Beach 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) 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,
B) 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,
C) 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,
D) Approve budget adjustments to the FY 2020/2021 Proposed Budget in the Funds and by the amounts contained in At...
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