Sparks City Council Budget Workshop 2/29/2016 8:30:00 AM

    Monday, February 29, 2016 8:30 AM
    City Hall, Lower Level, 431 Prater Way, Sparks

Item Number: 1

Title: Review of current fiscal estimates for the 2015-2016 and 2016-2017 fiscal years, and consideration and possible approval of fiscal policies to be utilized for the 2016-2017 fiscal year budget.
Petitioner/Presenter: Stephen W. Driscoll, ICMA-CM/Jeff Cronk, CPA, Financial Services Director
Recommendation: N/A
Financial Impact: Seeking direction regarding the 2016-2017 Budget
Business Impact (Per NRS 237):
A Business Impact Statement is not required because this is not a rule.
Agenda Item Brief:

Presentation and overview of current fiscal estimates for 2015-2016 and 2016-2017 fiscal years.  Direction is being sought relating to Council fiscal policies that are desired to be integrated into the fiscal year 2016-2017 budget.


This workshop is designed to provide an overview of the current estimates and other fiscal considerations relating to the 2015-2016 and 2016-2017 fiscal years.  The City Manager is also seeking input from the City Council regarding fiscal policies to be integrated into the fiscal year 2016-2017 budget.  Based upon input and direction received today, the 2016-2017 Tentative Budget will be prepared and filed with the State Department of Taxation (which must be filed by April 15, 2016), 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 2016.

Additionally, State law requires a public hearing to be held by the governing body not sooner than the third Monday in May and not later than the last day in May.  This public hearing is tentatively scheduled for May 23, 2016.  The City Manager currently intends to present the 2016-2017 Final Budget to the City Council and Redevelopment Agency also on May 23, 2016 immediately following the public hearing on the 2016-2017 Tentative Budget.


See attached documents.



Recommended Motion:


Attached Files:
     Workshop Presentation_2-29-2016.pdf
Previous Item
Next Item
Return To Meeting