CITY OF MENIFEE
SUBJECT: Fiscal Year 2024/25 Mid-Cycle Budget Workshop
MEETING DATE: May 15, 2024
TO: Mayor and City Council
PREPARED BY: Margarita Cornejo, Deputy Finance Director REVIEWED BY: Travis Hickey, Chief Financial Officer
APPROVED BY: Armando G. Villa, City Manager
-------------------------------------------------------------------------------------------------------------------------------
RECOMMENDED ACTION
1. Review the presentation and provide input on the proposed Fiscal Year 2024/25 Mid-Cycle Budget Operating Budget and Capital Improvement Program Budget.
DISCUSSION
This workshop is to provide an overview of the Fiscal Year 2024/25 Mid-Cycle adjusted budget revenues and proposed expenditures related to the Operating Budget, as well as the City’s Capital Improvement Program (CIP) Budget.
STRATEGIC PLAN OBJECTIVE
Regular City Business
FISCAL IMPACT
The final Fiscal Year 2024/25 Mid-Cycle adjusted budget impact will be determined and presented to the City Council for adoption on June 5, 2024.
ATTACHMENTS
1. FY2024/25 Mid-Cycle Budget Presentation