File #: 19-635    Version: 1 Name:
Type: Public Hearing Status: Agenda Ready
File created: 6/17/2019 In control: City Council
On agenda: 6/25/2019 Final action:
Title: Public Hearing on Proposed FY 2019-20 City of Hercules Budget Plan Including the First Year of the Five Year 2019-2024 Capital Improvement Budget Recommendation: Open the continued public hearing, receive a staff report, take public testimony, close the public hearing, and adopt the following Resolutions (Attach 1): a. Approving the FY 2019-20 City of Hercules Budget Plan which includes the First Year (2019-20 Fiscal Year) of the Five Year (2019-2024 Fiscal Years) Capital Improvement Budget and making certain designations and fund balance adjustments, approving (19) annual contracts for services in a total amount of $1,086,640. b. Approving the FY 2019-20 Hercules Public Financing Authority Budget Plan consisting of debt service in the amount of $2,210,586. c. Establishing the Appropriations Limit for the FY 2019-20 in accordance with Proposition 111 and Article XIII B.
Attachments: 1. Staff Report - Budget Public Hearing & Adoption 06252019, 2. Attach 1 - FY19-20 City Budget Resolution, 3. Attach 2 - FY19-20 PFA Resolution, 4. Attach 3 - FY19-20 GANN Resolution, 5. Attach 4 - FY19-20 Additional Budget Referrals, 6. Attach 5 - BR #20-4 PEG Summary of Activities, 7. Attach 6 - BR #20-4 PEG Detail by Account Number, 8. Attach 7 - FY19-20 Updated Budget Balancing Worksheet, 9. Attach 8 - FY19-20 Updated General Fund Summary, 10. Attach 9 - FY19-20 through FY 23-24 Capital Improvement Projects, 11. Attach 10 - FY 19-20 Landscaping and Lighting District Funds, 12. Attach 11 - FY 19-20 Updated General Fund Expenditure Detail

Title

Public Hearing on Proposed FY 2019-20 City of Hercules Budget Plan Including the First Year of the Five Year 2019-2024 Capital Improvement Budget

Recommendation: Open the continued public hearing, receive a staff report, take public testimony, close the public hearing, and adopt the following Resolutions (Attach 1):

 

a. Approving the FY 2019-20 City of Hercules Budget Plan which includes the First Year (2019-20 Fiscal Year) of the Five Year (2019-2024 Fiscal Years) Capital Improvement Budget and making certain designations and fund balance adjustments, approving (19) annual contracts for services in a total amount of $1,086,640.

b. Approving the FY 2019-20 Hercules Public Financing Authority Budget Plan consisting of debt service in the amount of $2,210,586.

c. Establishing the Appropriations Limit for the FY 2019-20 in accordance with Proposition 111 and Article XIII B.