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0.2A -1 <br />REPORT <br />To the Honorable Mayor and City Council <br />Otoitt't the City Manage <br />May 12, 2003 <br />Subject <br />Dates for Budget Consideration <br />Recommendation <br />It is recommended that the resolution setting the dates for formal action of the budget be <br />adopted. <br />Background <br />Sections 51 and 51.5 of the Redwood City Charter require that the City Council establish <br />the date of the budget presentation by the City Manager, the dates for budget public <br />hearing, and the budget ordinance adoption. <br />Budget Sent to Council: <br />City Council Budget: Study Session #1 <br />Study Session #2 (if needed) <br />Introduction of Budget Ordinance to Council <br />and Budget Public Hearing: <br />Budget Ordinance Adoption <br />June 12, 2003 <br />June 30, 2003 <br />July 14, 2003 <br />July 28, 2003 <br />August 13, 2003 <br />Alternative <br />Although the City Charter requires that the Council, by resolution, establish a date upon <br />which the "...City Manager shall submit to the Council a proposed budget...," it is <br />nonetheless the Council's prerogative to select the date that they believe is most <br />appropriate. Accordingly, the dates provided in this report are those dates recommended <br />by the City Manager and may be changed at Council's discretion. <br />/ v\ � <br />Brian J. Ponty <br />Director of Finance and Financial Planning <br />Edward P. verett <br />City Manager <br />