DATE: MAY 17, 2022
DEPARTMENT: FINANCE
FROM: MARK ROBERTS, DIRECTOR OF FINANCE
TITLE: PRELIMINARY FISCAL YEAR 2023 OPERATING AND CAPITAL IMPROVEMENT BUDGETS RECOMMENDATION:
Staff recommends City Council provide further direction to staff regarding the preliminary fiscal year 2023 operating and capital improvement budgets.
DISCUSSION
The Preliminary Fiscal Year 2023 Capital Improvement Budget and Fiscal Year 2024-28 Capital Improvement Program for the City of Salinas was delivered to the City Council on April 28, 2022. The Preliminary Fiscal Year 2023 Operating Budget was distributed to the Council on May 10, 2022. Below is a summary of preliminary fiscal year 2023 appropriations and transfers.
Operating
CIP
Total
General Funds
$134,140,735
$12,192,120
$146,332,855
Other Funds
62,017,069
24,059,934
85,827,003
Total – All Funds
$196,157,804
$36,252,054
$232,409,858
City staff will review the CIP, highlighting major projects, and the preliminary operating budget during the City Council meeting.
CEQA CONSIDERATION:
Not a Project. The City of Salinas has determined the proposed action is not a project as defined by the California Environmental Quality Act (CEQA) (CEQA Guidelines Section 15378).
STRATEGIC PLAN INITIATIVE:
Development and adoption of the annual operating and capital improvement budgets achieves the Council 2022-2025 Strategic Goals of Effective Government.
DEPARTMENT COORDINATION:
The annual operating and capital improvement budgets are a collaborative effort of all City departments.
FISCAL AND SUSTAINABILITY IMPACT:
As presented, the City’s preliminary operating and capital budgets total $232.4 million.
ATTACHMENTS (Click on the hyperlinks below):
Preliminary Fiscal Year 2023 Operating Budget
Preliminary Fiscal Year 2023 Capital Improvement Budget and Fiscal Year 2024-28 Capital Improvement Program Page | 4
CITY OF SALINASCOUNCIL STAFF REPORTCITY OF SALINASCOUNCIL STAFF REPORT
CITY OF SALINAS
COUNCIL STAFF REPORT
CITY OF SALINAS
COUNCIL STAFF REPORT