For City Council Meeting [August 11, 2020]
TO: Honorable City Council
APPROVAL: Rod Foster, City Manager
FROM: Stephen Erlandson, Deputy City Manager
Title
Request City Council to:
1. Conduct a Public Hearing on the City's 2020-21 Proposed Budget.
2. Adopt a Resolution to approve and adopt including:
a. Resolution No. 7663, RHA Resolution No. 002-20, and RUA Resolution No. 09-20 for the City's 2020-21 Proposed Budget;
b. Resolution No. 7664 Establishing the City's 2020-21 Appropriations Limit (Gann Limit);
3. Adopt Resolution No. 7665 Updating the Citywide Classification and Compensation Table;
4. Approve a Professional Services Agreement with Bureau Veritas on an as needed basis in the amount of $150,000.00; or
5. If the Council Continues the FY 2020-21 Proposed Budget, Adopt Resolution No. 7666, RHA Resolution No. 003-20, and RUA Resolution No. 10-20 to Continue the Budget and Contracts from Fiscal Year 2019-2020 through September 30, 2020.
(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 Deputy City Manager, staff conducted the analysis and made the projections required to complete the budget document after receiving input from all of the City departments. Due to the COVID-19 pandemic, the completion of the budget process was delayed, and on June 23, 2020, the City Council adopted Resolution No. 7635, RHA Resolution No. 001-20 and RUA Resolution No. 07-20 continuing the Budget and Contracts from Fiscal Year 2019-20 through August 31, 2020.
ANALYSIS/DISCUSSION:
The 2020-21 Proposed Budget includes appropriations of $225.5 million which represents a decrease of $1.0 million (net of prior year budget carryovers on capital projects). The Proposed Budget, as presented, is "balanced in, balanced better" reflecting a surplus of approximately $3.8 million. The surplus is intended to absorb any unfo...
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