HomeMy WebLinkAboutFiscal Year 2010 Budget Hearing
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Anna Rosenberry, Finance Director
Chris Kukulski, City Manager
SUBJECT: Budget Hearing for FY2010
MEETING DATE: July 20, 2009
RECOMMENDATION: Open and Continue the Budget Hearing to September 14, 2009.
BACKGROUND: State property tax timelines prohibit the City from adopting a final budget
and tax levy before the fiscal year begins. By advertising, opening and continuing the statutorily
required Budget Hearing, we will be able to adopt the final budget once taxable values are
received, without further delay. This year, the City has received notice from the Montana
Department of Revenue that taxable values will be delayed by at least 3 weeks this year. They
estimate delivery of certified values in the last week of August. We recommend that the Budget
Hearing be continued to the September 14, 2009 meeting.
Prior to the final adoption hearing, numerous other budget discussions are scheduled:
Monday, July 20, 4-6pm: Enterprise and Special Revenue Funds
Monday, August 3: General Fund – Public Safety
Monday, August 10: General Fund – All Other Departments
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This evening, we would like to take public comment on the budget. The City Manager’s
Recommended Budget document and Budget Details Report can be found at
http://www.bozeman.net/finance/budget.aspx .
FISCAL EFFECTS: None at this time. Changes and adjustments to elements of the
budget may be proposed for adoption at later public hearing dates.
ALTERNATIVES: As suggested by the City Commission.
Report compiled on July 15, 2009
Attachments: none
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