HomeMy WebLinkAboutH3 - Budget Hearing
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Anna Rosenberry, Finance Director
Chris Kukulski, City Manager
SUBJECT: Budget Hearing for FY2007
MEETING DATE: July 17, 2006
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 Budget Hearing, we will be able to quickly adopt the
final budget once taxable values are received in August. We recommend that the Budget
Hearing be continued to the August 21, 2006 Commission Meeting.
RECOMMENDATION: Open and Continue the Budget Hearing to August 21, 2006.
FISCAL EFFECTS: None at this time.
ALTERNATIVES: As suggested by the City Commission.
Respectfully submitted,
_________________________________ ____________________________
Anna Rosenberry, Finance Director Chris A. Kukulski, City Manager
Report compiled on July 12, 2006
Attachments: none