Item Number: {{item.number}}
City Council / Board of Directors
Written Communications
Meeting of: May 14, 2024
Submitted By:
Sophie L. Smith, Deputy City Manager
Carmen Cun, Finance Director / City Treasurer
Subject:
Fiscal Year 2024-25 Budget Workshop
Recommendation:
There is no action required at this time. Following a presentation from staff, it is recommended that the City Council discuss and provide any further direction to staff regarding the proposed Fiscal Year (FY) 2024-25 budget.
Fiscal Impact:
There is no fiscal impact associated with this workshop.
Strategic Plan Goal:
The budget focuses on continuing to foster all seven goals set forth in the City Council Strategic Plan FY 2023-24 through FY 2025-26.
Background:
This meeting begins the process of adopting the FY 2024-25 budget. Staff has prepared the attached summaries of the proposed budgets for review prior to the workshop. A more detailed presentation from staff will be utilized during the workshop to introduce the proposed budget to the City Council and highlight key takeaways.
Discussion:
The goal of this workshop is to accomplish the following:
(1) Review and discuss the FY 2024-2025 revenue projections and proposed expenditures for the City of Victorville and its related entities; and (2) Discuss the City Council budget priorities and provide any further direction to staff regarding the budget.
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Subsequent to receiving feedback and direction from Council on the proposed budget, a public hearing is scheduled for June 4, 2024, to adopt the FY 2024-25 budget.
Staff remains available for any questions or comments.
Attachments: A. Proposed FY 2024-25 Citywide Budget
B. Proposed FY 2024-25 General Fund Revenues and
Expenditures
C. Proposed FY 2024-25 Measure P Revenues and
Expenditures