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HomeMy WebLinkAbout5.F.3. 2008 Tentative Budget Calendar CITY OF SHAKOPEE S. p. 31 Memorandum TO: Mayor and Council CONSEr~T Mark McNeill FROM: Gregg Vox 1 and , Finance Director SUBJ: 2008 Tentative Budget Calendar DATE: June 25, 2007 Introduction Council is asked to review a tentative calendar of events for the 2008 budget process. Background Attached is a tentative proposed 2008 budget calendar. Some dates will be modified as Council's schedule unfolds and as developments warrant. Of course, Council can change the meeting dates as desired. The Five Year Capital Improvement Plan (CIP) for construction projects is already underway. Projects in the CIP for 2008 will be built into the 2008 budget in the appropriate funds (capital projects funds, sewer fund etc.). The first council meeting on the operating budget is set for July 30th on the Recreation CIP and operating budget. Staff has a lot of background information on many subjects. Council should feel free to call department heads for information. If a short meeting with individual Departments or on the budget in general is desired, such as before a council meeting, please contact the City Administrator. The budget work sessions will begin as shown on the attached calendar, unless another time is desired by the Council. Alternatives 1. A. Accept tentative budget calendar B. Modify tentative budget calendar Action Requested Move to accept tentative 2008 budget calendar. Gr~OXland Finance Director 2008 BUDGET CALENDAR TENTATIVE Date Who What July 30 7:00 Council Work session Park CIP, Rec & Natural Res. budget July 31 7:00 Council Work Session PW CIP, PW budgets 5 Year Equip List Aug 6 7:00 Council Work session Aug 14 7:00 Council Work session Aug 22 7:00 Council Work session Aug 28 7:00 Council Work session (if needed) Sept 4 Council Adopt proposed maximum tax levy Sept 15 Staff Certify maximum property tax levy to county which will be used for proposed property tax notices. Nov 20 County Proposed tax notices sent to property owners Dec 3 Council Hold actual property tax levy hearing (date reserved for cities) . Dec 18 Council Adopt final tax levy and budget Dec 28 Staff Certify final tax levy. * Council can schedule additional dates for work sessions as needed.