FY25 Proposed Budget

Financial Plan Preparation Schedule

July 1 – August 31, 2023 Each division reviews their performance measures and goals, and their alignment with City Council strategic plan. Performance measurement data is compiled and summarized. July 31, 2023 Capital Improvement Program (CIP) forms for projects already included in the current 5-year CIP plan are distributed to departments to review and update. August 25, 2023 Capital Improvement Program forms for projects already included in the current 5-year CIP plan are due to the Finance Department. August 28, 2023 Capital Improvement Program (CIP) forms and instructions are distributed to departments for projects they want added to the 5-year CIP plan.

September 5, 2023 City Council work session discussion regarding fiscal year 2024 budget goals.

September 20, 2023 Capital Improvement Program forms for projects to be added to the 5-year CIP plan are due to the Finance Department.

September 25, 2023 Finance Department produces preliminary Five-Year CIP.

September 26, 2023 Capital Improvement Program review committee reviews project requests and rankings; committee makes amendments to the preliminary Program. September 27, 2023 At the department staff meeting, directors will review fiscal policies and priorities, present special budget issues, distribute budget manuals, and instruct staff on budget preparation process. September 27 – October 23, 2023 Munis system is available for departments to enter fiscal year 2025 line item budgets, add fiscal year 2025 budget requests for each activity, and amend fiscal year 2024 line item budgets. Finance Department develops personnel budget through consultation with the Human Resource department and each individual department. October 13, 2023 Finance Department produces amended Five-Year Capital Improvement Program with updated project rankings. October 20, 2023 Capital Improvement Program review committee reviews amended program and makes final Program adjustments.

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