2012 12:00:00 PM

Monday, April 9, 2012 12:00 PM
City Hall Basement Training Room - 431 Prater Way, Sparks, NV

Item Number: 3

Title: Presentation, consideration, and possible approval of new needs for the upcoming fiscal year 2012-2013 budget.

Petitioner/Presenter: Shaun Carey, City Manager/Jeff Cronk, CPA, Financial Services Director

Recommendation: That new needs not having a dedicated or specific funding source be excluded from the fiscal year 2012-2013 budget.

Financial Impact: Any new needs that are approved will be included in the fiscal year 2012-2013 budget.

Business Impact (Per NRS 237):
A Business Impact Statement is not required because this is not a rule.

Agenda Item Brief: The City Manager is seeking Council direction on the possible inclusion of new needs as part of the fiscal year 2012-2013 budget.

Background: On January 31, 2012, the City Manager and Financial Services Director presented a preliminary review of expectations for the upcoming fiscal year 2012-2013 budget, and sought direction from the Council on items to consider during the budget process. At that workshop, the City Council directed the City Manager to proceed building a "status quo" budget for the next fiscal year. However, Council also requested that the City Manager seek input from the City's Department Directors on any potential new needs and to provide an opportunity for the Department Directors to present their requests of new needs to Council prior to finalizing the City Manager's budget recommendations. The City Manager is seeking direction from Council whether any of the new needs that are being presented today need to be included as part of the fiscal 2012-2013 budget. Council direction is being sought today as it is the intent of the City Manager to present his 2012-2013 budget recommendations to the Council on April 23, 2012. Nevada law requires the final budget to be approved by June 1. However, it is the City Manager's intent to seek approval on the final budget for fiscal year 2012-2013 on Tuesday, May 15, immediately following a public hearing on the tentative budget for fiscal year 2012-2013 that is required by Nevada law to be held on the third Tuesday in May.

Analysis: Please see the attached presentation of new needs as provided and submitted by the Department Directors and compiled by the Financial Services Department. Each respective Department Director is expected to be on hand to discuss these items. The City Manager is recommending that any new need not having a dedicated and specific funding source be excluded from the 2012-2013 budget. This would be consistent with the direction received from Council to prepare a "status quo" budget at the January 31 workshop.

Alternatives: Council may choose to direct the City Manager to include any, all, or none of the new needs into the 2012-2013 final budget.

Recommended Motion: I move to approve the inclusion into the fiscal year 2012-2013 budget only those new needs that have a dedicated or specifically identified funding source.

Attached Files:

FY13 New Needs Book.pdf

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