PREPARED BY: MATT RODRIGUEZ DATE OF MEETING: 05/01/2024
SUBJECT:
TITLE
SCHEDULED PUBLIC HEARING FOR PRESENTATION OF THE CITY OF SAN PABLO PRELIMINARY DRAFT FISCAL YEAR 2024-25 AND FISCAL YEAR 2025-26 BIENNIAL (TWO-YEAR) OPERATING BUDGET AND CAPITAL IMPROVEMENT PROGRAM BUDGET PER SAN PABLO MUNICIPAL CODE SECTIONS 3.04.220, 3.04.240 AND 3.04.250
CEQA: The proposed item is not a project as defined by CEQA.
Label
CITY MANAGER RECOMMENDATION
Recommendation
(1) Receive presentation; and
(2) Hold Scheduled Public Hearing; and
(3) Direct the City Manager via minute order to prepare and finalize Resolutions for adoption of the FY 2024-25 and FY 2025-26 Biennial (Two-Year) Operating Budget and Capital Improvement Program Budget at the May 20, 2024 City Council meeting for Consent Calendar approval action; and
(4) Authorize the City Manager via minute order to pursue additional fiscal and revenue sources and operational efficiencies during FY 2024-25 and FY 2025-26 periods.
BODY
Compliance statements
Continue Fiscal Resilience, Fiscal Excellence and Fiscal Transparency and New Strategic Budget Initiatives to Address New Structural Deficits Forecasted to FY 2025-2027 are adopted City Council Priorities contained in the adopted Fiscal Year 2023-2025 City Council Priority Workplan, effective May 1, 2023.
BACKGROUND
Pursuant to San Pablo Municipal Code Sections 3.04.240 and 3.04.250 requirements, the City Council previously adopted Resolution No. 2024-050 on April 15, 2024 to set a public hearing on the formal presentation of the Preliminary Draft FY 2024-25 & FY 2025-26 Biennial (Two-Year) Operating Budget and Capital Improvement Program (CIP) Budget at a Special City Council meeting scheduled for Wednesday, May 1, 2024 at 5:00p.m., which was duly noticed and posted.
Biennial v. Triennial Budgets
Previously, in December 2023, the City Manager had aspired to develop and prepare a Proposed Three-Year (3-year) Triennial Operating Budget and CIP Budget for perio...
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