HomeMy WebLinkAboutStaff Report 2.I 04/20/20092.1
CITY OF PFTALUMA, CALIFORNIA
April 20, 2009
AGENDA BILL
Agenda Title: Resolution Fixing the Date for Submission of the 2009/2010 Mecting Date: Apri] 20, 2009
Tentative Budget as May 21, 2009.
Meeting Time: 7:00 PM
Category: ❑ Presentation ❑ Appointments ® Consent ❑ Public Hearing ❑ Unfinished Business ❑ New Business
Department Director: Contact Person: Phone Number:
City Manager John C. Brown John C. Brown 707-778-4345
Total Cost of Proposal or Proiect: n/a Name of Fund:
Amount Budgeted: Account Number:
Current Fund Balance:
Recommendation: It is recommended that the City Council take the following action:
Adopt resolution fixing the date for submission of the 2009/2010 Tentative Budget as May 21, 2009.
1. ❑ First reading of Ordinance approved unanimously, or with unanimous vote to allow posting prior to second reading
2. ❑ First reading of Ordinance approved without unanimous vote: Ordinance has been published/posted prior to second
reading; see Attachment
3. ❑ Other action requiring special notice: Notice has been given, see Attachment
Summary Statement:
Article 1X, Section 59 of the Charter states, in part: "...on or before the first Monday in May in each year, or on
such date in each vear as shall be fixed by the council, the city manager shall submit to the council a tentative
budget...." (emphasis added).
With revenues continuing to come in below expectations, departments need additional time to reduce their
budgets accordingly. The consolidation of services and personnel is also still under evaluation. The City
Manager is requesting an extension of time for submitting the 2009/2010 tentative budget to the City Council
until Thursday, May 21, 2009.
Attachments to Agenda Packet Item:
1. Resolution
Reviewed by Finance Director: Reviewed by City Attorney:
merle• /G� /� Date: (2j
Rev. #f f-1AI L Date Last Revised: I File:
Approved by City Manager:
Date:}',r/
CITY OF PETALUMA, CALIFORNIA
APRIL 20, 2009
AGENDA REPORT
FOR
RESOLUTION FIXING THE DATE FOR SUBMISSION OF THE 2009/2010
TENTATIVE BUDGET AS MAY 21, 2009
RECOMMENDATION: Adopt resolution fixing the date for submission of the 2009/2010 Tentative
Budget as May 21, 2009.
2. BACKGROUND: By the City's Charter, the City Manager is required to provide, on or before the first
Monday in May, a tentative budget for the next fiscal year unless the City Council extends the
deadline for submittal.
The City of Petaluma continues to face declining revenues from sales and property taxes and
development permit revenues, thus requiring the adjustment by all departments to reflect additional
cuts to their operating budgets. The continuing lack of development has resulted in a deficit balance
for the Community Development Department enterprise fluid, and consolidations in other department
budgets are being explored in an effort to reduce overhead costs. Additional time is needed to
incorporate those changes for the affected departments.
3. DISCUSSION: Additional time is requested by the Council so staff may provide a Tentative Budget
that is balanced and reflective of the economic conditions the City is currently facing. Extending the
submittal date will still provide Council sufficient time to review the Tentative Budget prior to
scheduled hearings in early .Tune.
RESOLUTION FIXING THE DATE FOR SUBMISSION OF THE 2009/2010
TENTATIVE BUDGET AS MAY 21, 2009
WHEREAS, Article IX, Section 59, of the Petaluma City Charter provides in part that
"...on or before the first Monday in May in each year, or on such date in each year as shall be
fixed by the council, the city manager shall submit to the council a tentative budget...."; and
WHEREAS, Section 59 of the City Charter further provides that the Tentative Budget
submitted to the City Council shall contain an estimate of the probable expenditures of the City
for the ensuing fiscal year, stating the amount required to meet the interest and sinking finds for
the outstanding funded indebtedness of the City, and the needs of all the City departments in
detail, and showing the amount necessary for each fund and department, the estimated income
from fines, licenses, and other revenues; and
WHEREAS, staff has identified a decrease in revenues for the current year and further
decreased revenues for fiscal year 2009110; and
WHEREAS, additional time is being requested to allow staff time to provide a Tentative
Budget that is balanced and reflective of the economic conditions the City is currently facing.
NOW, THEREFORE, BE IT RESOLVED that the City Council does hereby fix May
21, 2009 as the date for submission of the 2009/2010 Tentative Budget for the City in
accordance with Article IX, Section 59 of the Charter of the City of Petaluma.
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