For City Council Meeting [06/27/2023]
TO: Honorable Mayor and City Council
APPROVAL: Arron Brown, Acting City Manager
FROM: Katherine Stevens, Director of Finance
Title
1. Conduct a Public Hearing on the City's Fiscal Year 2023-24 Proposed Annual Budget.
2. Approve and Adopt the following Resolutions:
a. Resolution No. 8089, RHA Resolution No. 01-23, RUA Resolution No. 05-23, and Rialto Redevelopment Successor Agency Resolution No. SA01-23 for the City's Fiscal Year 2023-24 Annual Budget;
b. Resolution No. 8090 Adopting the Fiscal Year 2023-24 Appropriations Limit (Gann Limit);
c. Resolution No. 8091 Adopting the Fiscal Year 2023-24 Citywide Classification and Compensation Plan;
(ACTION)
Body
BACKGROUND
In accordance with Section 2.04.140 of the Rialto Municipal Code, the City Manager must present the fiscal budget to the City Council for approval annually. Under the direction of the Finance Director, the Finance Department conducted the analysis and made the projections required to complete the budget document after receiving input from all of the City departments. The process began in March and required the cooperation of staff organization wide.
Beginning April 4, 2023, one-on-one meetings with the City of Rialto Mayor, Mayor Pro-Tem, and Council members were scheduled with the City's department heads to go over the draft General Fund Fiscal year (FY) 2023-24 Budget. The discussion included dialogue in reference to personnel requests and capital project requests from each department.
On May 9, 2023, City Council approved a Public Hearing for June 13, 2023, to approve and adopt the Budget Plan for Fiscal Year 2023-24. A copy of the June 13, 2023, staff report is included as Attachment 1.
ANALYSIS/DISCUSSION
Staff is presenting the proposed FY2023-24 General Fund operating budget and the budgets for the City's Special Revenue Funds, Enterprise Funds, and Internal Service Funds.
GENERAL FUND
The General Fund FY2021-22 closeout reported an unrestr...
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