To: MAYOR AND CITY COUNCIL
From: JENNIFER PAUL, FINANCE DIRECTOR
TITLE
title
PUBLIC HEARING TO CONSIDER THE FISCAL YEAR 2022-2023 PROPOSED BUDGET AND FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM.
PROCEDURES:
a. Open Public Hearing, take testimony; and
b. Continue Public Hearing to June 7, 2022
end
EXECUTIVE SUMMARY
The City Charter requires the City Manager to submit a proposed Budget for the ensuing Fiscal Year by May 16 and the City Council to adopt the Budget by June 30 each year. Public Hearings to consider the Budget and Five-Year Capital Improvement Program have been noticed for May 17 (introduction), June 7 (discussion), June 14 (discussion) and June 21, 2022 (adoption).
BACKGROUND
The Budget documents will be published on May 16 on the City’s website at City of Redondo Beach - Budget and Capital Improvement Program. <https://www.redondo.org/budget>. A hard copy of the Budget will be available for review at the City Clerk’s office counter upon request. The Fiscal Year 2022-23 Budget Calendar approved by the City Council in January is as follows:
COORDINATION
All City Departments participated in the preparation of the Fiscal Year 2022-23 City Manager’s Proposed Budget and the Fiscal Year 2022-27 City Manager’s proposed Five-Year Capital Improvement Program.
FISCAL IMPACT
The Budget, when adopted, will create the financial framework for all City operations, projects and services for the July 1, 2022 - June 30, 2023 Fiscal Year.
APPROVED BY:
Mike Witzansky, City Manager