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6. 1. E. - Page 1 <br />REPORT <br />To the Honorable Mayor and City Council <br />From the City Manager <br />February 27, 2012 <br />SUBJECT <br />Dates for City Council Consideration of the Fiscal Year 2012 -2014 Budget <br />RECOMMENDATION <br />By motion, approve the dates for City Council action on the budget. <br />BACKGROUND <br />Sections 51 and 51.5 of the Redwood City Charter require that the City Council <br />establish the date of the budget presentation by the City Manager, and, by resolution, <br />the date for budget public hearing and budget adoption. <br />A resolution setting the public hearing and the date for the budget adoption will be <br />submitted prior to the budget being submitted to Council. The purpose of the action <br />before you at tonight's meeting is to formalize your approval of the following dates upon <br />which budget related actions will occur: <br />Budget Sent to Council: May 31, 2012 <br />City Council Budget: Study Session #1 June 11, 2012 <br />Study Session #2 June 18, 2012 <br />Budget Adoption and Public Hearing June 25, 2012 <br />ALTERNATIVES <br />Although the City Charter requires that the Council, by motion, 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 <br />recommended by the City Manager and may be changed at Council's discretion. <br />7 3 PI-1-1- <br />BRIAN PONTY <br />FINANCE DIRECTOR <br />ROBERT B. BELL <br />CITY MANAGER <br />