The Mayor and Council have begun their discussions about the proposed budget for Fiscal Year 2014. This budget would go into effect, July 1 of this year and go until June 30, 2014. Prior to these discussions, Kelly Gottschalk, the City’s Chief Financial Officer and Marie Nemerguth, the City’s Budget Director, met with the respective Council offices and Mayor’s office.
During the most recent Mayor and Council meetings, City staff has updated the Mayor and Council on projected revenues, proposals to deal with the initially projected deficit of $15 million dollars and some financial statements from various City departments. Since becoming your Councilmember, sworn in on December 7, 2009, this is the fifth budget deficit that has had to be dealt with. On December 15, 2009, the Mayor and Council were informed that there was a shortfall of $33.5 million for that current Fiscal Year (FY 2010). A few months later, it was a $44.5 million dollar budget deficit for FY 2011, a $55 million dollar deficit for FY 2012 and a $20 million dollar deficit for this past fiscal year, FY 2013.
At the April 9th Mayor and Council meeting, further presentations will continue on the FY 2014 Budget. Here is the schedule for the Mayor and Council consideration of the FY 2014 Budget (subject to revision).
On April 16th, during the Mayor and Council meeting during the Study Session, the City Manager will formally submit his recommended budget for Fiscal Year 2014 and preliminary discussions will begin by the Mayor and Council. Further discussions will continue at the April 23rd Study Session of the Mayor and Council meeting regarding the Recommended Fiscal Year 2014 Budget submitted by the City Manager. During the Regular Agenda meeting on April 23rd, a public hearing will take place on the proposed budget.
Discussions will continue about the proposed budget at the May 7th, Mayor and Council Study Session meeting and a vote on an adoption of a tentative budget for FY 2014 will take place during the Regular Agenda meeting. On May 21st, during a Special Mayor and Council meeting, a vote on the final adoption of a budget for FY 2014 will take place. This will happen in the evening when the Regular Agenda meeting takes place. The Mayor and Council meets at 255 West Alameda, in City Hall, at the Council Chambers. For more information, please call the City Clerk’s Office, 791-4213.