HomeMy WebLinkAbout13 - Set Public Hearing for FY 15-16 BudgetCTY OF
F
NEWPORT BEACH
City Council Staff Report
May 12, 2015
Agenda Item No. 13
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Dave Kiff, City Manager — (949) 644 -3002, dkiff @newportbeachca.gov
PREPARED BY: Dan Matusiewicz, Finance Director
PHONE: (949) 644 -3123
TITLE: Set Public Hearing Date to Adopt Fiscal Year 2015 -16 Budget
ABSTRACT:
Per Section 1102 of the City Charter, the City Manager is to submit the budget to the City Council at least
thirty -five days prior to the beginning of the fiscal year, July 1st. After reviewing the budget and making
such revisions as it may deem advisable, the City Council shall determine the time for the holding of the
public hearing and publish a notice in an official newspaper not less than ten days prior to said hearing.
The City Council is required to adopt an annual budget each year on or before June 30th.
RECOMMENDATION:
Schedule a public hearing of the City's Proposed Budget for Fiscal Year 2015 -16 on May 26, 2015, and
direct the City Clerk to publish a notice of said hearing in accordance with Section 1102 of the Newport
Beach Charter.
FUNDING REQUIREMENTS:
The Fiscal Year 2015 -16 proposed budget is balanced but subject to change based on Council's final
recommended action.
DISCUSSION:
As of the drafting of this staff report, the Finance Committee is scheduled to review the FY 2015 -16 budget
at their May 11, 2015, meeting.
During the regular Council meeting on May 12, 2015, staff recommends that Council set the date for the
public hearing to be May 26, 2015, during the regular Council meeting.
The City Council shall conduct a Public Hearing as previously noticed. After hearing public comment, the
Council shall adopt the budget at the May 26, 2015, meeting. Please note that the Public Hearing date this
year has been moved forward one meeting to accommodate the implementation of the City's new
Enterprise Resource Program (ERP).
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Attached please find a copy of the Budget Checklist. As stated in City Council Policy F -3, all Council
directed changes to the City Manager's Proposed Budget shall be added to the Budget Checklist. The
Budget Checklist may be amended again prior to the May 26, 2015, Council meeting; therefore, an updated
copy of the Budget Checklist will be presented to the City Council at that time.
ENVIRONMENTAL REVIEW:
Staff recommends the City Council find this action is not subject to the California Environmental Quality Act
( "CEQA ") pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable
indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in
Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it
has no potential for resulting in physical change to the environment, directly or indirectly.
NOTICING:
The agenda item has been noticed according to the Brown Act (72 hours in advance of the meeting at
which the City Council considers the item).
ATTACHMENTS:
Description
Attachment A - Budget Checklist
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rtment /Account Num
ATTACHMENT A
5/1/2015
Budget Checklist - Amendments to the Proposed Budget
Fiscal Year 2015 -16
Budget
Increase (Decrease) Approved
CHANGES TO THE PROPOSED BUDGET AS PRINTED - OPERATING EXPENDITURES
TOTAL CHANGES TO THE PROPOSED OPERATING EXPENDITURE BUDGET $ -
CHANGES TO THE PROPOSED BUDGET AS PRINTED - CIP EXPENDITURES
Capital Improvement Project
7013- C2002065 CdM Entry Way
$
400,000
7261- C2002060 Old NewporUW Coast Hwy Modification
$
(500,000)
7284- C2002060 Old Newport/W Coast Hwy Modification
$
(500,000)
TOTAL CHANGES TO THE PROPOSED CIP EXPENDITURE BUDGET
$
(600,000)
TOTAL CHANGES TO THE PROPOSED CIP EXPENDITURE BUDGET BY FUND
General Fund
$
400,000
Transportation & Circulation Fund
$
(500,000)
Measure M Fund
$
(500,000)
Total Changes to the Proposed CIP Exp Budget
$
(600,000)
CHANGES TO THE PROPOSED BUDGET AS PRINTED - REVENUE
Budget
Department /Account Number /Description Increase (Decrease) Approved
425 -5898 Public Arts & Culture - Visit Newoort Beach Public Benefit Fee
TOTAL CHANGES TO THE PROPOSED REVENUE BUDGET
TOTAL CHANGES TO THE PROPOSED REVENUE BUDGET BY FUND
Public Arts Fund
Total Changes to the Proposed Revenue Budget ........
$ 150,000
$ 150,000
$ 150,000
$ 150,000
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