AGENDA CAPTION:
Title
Receive a Staff presentation and hold a Public Hearing to receive comments for or against Resolution 2019-48R, approving a Budget Policy Statement for preparation of the 2019-2020 Fiscal Year budget; and declaring an effective date; and consider approval of Resolution 2019-48R.
Body
Meeting date: March 5, 2019
Department: Finance
Amount & Source of Funding
Funds Required: N/A
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Fiscal Note:
Prior Council Action: Council held a Budget Policy Workshop on February 13, 2019 to discuss budget policy statement.
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Background Information:
The San Marcos City Council held a budget policy workshop on February 13, 2019 in order to develop a proposed budget policy statement to guide staff and the City Manager in the development of the Fiscal Year 2019-20 budget. During the workshop, Staff provided initial assumptions to City Council for consideration and posed specific questions to which City Council provided direction.
As stated by the City charter, City Council is required to hold a workshop to discuss the budget policy and provide direction to staff by the end of February of each year. Then City Council must hold a public hearing and adopt the policy statement to be used by the City M...
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