Council Chambers, Legislative Bldg, 745 Fourth St., Sparks
Item Number: 4
This workshop is designed to provide an overview of the current estimates and other fiscal considerations relating to the 2014-2015 and 2015-2016 fiscal years. The City Manager is also seeking input from the City Council regarding fiscal policies to be integrated into the fiscal year 2015-2016 budget. Based upon input and direction received today, the 2015-2016 Tentative Budget will be prepared and filed with the State Department of Taxation (which must be filed by April 15, 2015), and the City Manager will direct the creation of the City Manager's Final Budget recommendations. The City Manager's Final Budget recommendations are tentatively scheduled to be presented to the City Council and Redevelopment Agency for further input and approval in April 2015.
Additionally, State law requires a public hearing to be held on the 2015-2016 Tentative Budget on the third Tuesday in May (May 19, 2015). The City Manager currently intends to present the 2015-2016 Final Budget to the City Council and Redevelopment Agency also on May 19, 2015 immediately following the public hearing on the 2015-2016 Tentative Budget.
See attached documents.
Feb 2015 Council Workshop attachments.pdf
FY16 New Needs BOOK for Feb 2015 Workshop.pdf.url.pdf