Administrative
Report
L.1., File # 23-6044 Meeting Date: 5/16/2023
To: MAYOR AND CITY COUNCIL
From: WENDY COLLAZO, FINANCE DIRECTOR
TITLE
PUBLIC HEARING TO CONSIDER THE FISCAL YEAR 2023-2024 PROPOSED BUDGET AND
FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM
PROCEDURES:
a. Open the Public Hearing.
b. Take testimony; and
c. Continue the Public Hearing to May 30, 2023
EXECUTIVE SUMMARY
The City Charter requires the City Manager to submit a proposed Budget for the ensuing Fiscal Year by May 16th and the City Council to adopt the Budget by June 30th of each year. Public Hearings to consider the Budget and Five-Year Capital Improvement Program have been noticed for May 16, 2023 (Introduction), May 30th (Discussion), June 6th (Discussion), June 13th (Discussion), and June 20, 2023 (Adoption).
BACKGROUND
The budget documents will be published on May 16th on the City’s Website under the City of Redondo Beach - Budget and Capital Improvement Program tab. The direct link for the files can be found at <https://www.redondo.org/budget>. A hard copy of the Budget will be available for review at the public counter at the City Clerk’s Office upon request. The Budget Calendar for Fiscal Year 2023- 24, is as follows:
FY 2023-24 Proposed Budget Calendar:
Date Meeting Action
Tuesday, May
16, 2023
City Council
Meeting
FY 2023-2024 Proposed Budget and CIP Public
Hearing - Budget Delivery and Introduction Only
Thursday, May
18, 2023
Planning
Commission
Meeting
FY 2023-2024 Proposed Budget & CIP Review CIP
General Plan Consistency Review
Tuesday, May
30, 2023
City Council
Meeting
FY 2023-2024 Proposed Budget and CIP Public
Hearing - General Discussion
Tuesday, June
6, 2023
City Council
Meeting
FY 2023-2024 Proposed Budget and CIP Public
Hearing - Operating Budget Discussion
Thursday,
June 8, 2023
Budget &
Finance
Commission
FY 2023-2024 Proposed Budget and CIP Review
L.1., File # 23-6044 Meeting Date: 5/16/2023
Thursday, May
18, 2023
Planning
Commission
Meeting
FY 2023-2024 Proposed Budget & CIP Review CIP
General Plan Consistency Review
Tuesday, May
30, 2023
City Council
Meeting
FY 2023-2024 Proposed Budget and CIP Public
Hearing - General Discussion
Tuesday, June
6, 2023
City Council
Meeting
FY 2023-2024 Proposed Budget and CIP Public
Hearing - Operating Budget Discussion
Thursday,
June 8, 2023
Budget &
Finance
Commission
Meeting
FY 2023-2024 Proposed Budget and CIP Review
Monday, June
12, 2023
Harbor
Commission
Meeting
FY 2023-2024 Proposed Budget and CIP Review
Tuesday, June
13, 2023
City Council
Meeting
FY 2023-2024 Proposed Budget and CIP Public
Hearing - Capital Budget Discussion
Tuesday, June
20, 2023
City Council
Meeting
FY 2023-2024 Proposed Budget and CIP Public
Hearing - Adoption
COORDINATION
All City Departments participated in the preparation of the Fiscal Year 2023-24 City Manager’s Proposed Budget and Five-Year Capital Improvement Program.
FISCAL IMPACT
The Budget, when adopted, will create the financial framework for all City operations, projects, and services for the July 1, 2023 - June 30, 2024 Fiscal Year.
APPROVED BY:
Mike Witzansky, City Manager