Item 3.4 - Budget Meeting CalendarCITY O
OtSezF o
MINNESOTA V
DEPARTMENT INFORMATION
Request for
City Council Action
ORIGINATING DEPARTMENT REQUESTOR:
MEETING DATE:
Administration City Administrator/Finance Director Flaherty
May 10, 2021
PRESENTER(s) REVIEWED BY:
ITEM #:
Consent
3.4
STRATEGIC VISION
MEETS:
I THE CITY OF OTSEGO:
X
Is a strong organization that is committed to leading the community through innovative
communication.
No
Has proactively expanded infrastructure to responsibly provide core services.
BAC KG RO U N D/J U STI FI CATI O N :
Is committed to delivery of quality emergency service responsive to community needs and
expectations in a cost-effective manner.
SUPPORTING DOCUMENTS ATTACHED:
Is a social community with diverse housing, service options, and employment opportunities.
Is a distinctive, connected community known for its beauty and natural surroundings.
AGENDA ITEM DETAILS
RECOMMENDATION:
City staff is recommending that the City Council approve the meeting schedule for the 2022 budget process
and to call for special meetings for review of the budget and property tax levy.
ARE YOU SEEKING APPROVAL OF A CONTRACT?
IS A PUBLIC HEARING REQUIRED?
No
No
BAC KG RO U N D/J U STI FI CATI O N :
City staff has developed the meeting schedule for the 2022 budget process, which was distributed to the
City Council on April 26, 2021. The schedule includes specific dates and objectives in order to provide
ample opportunity to review the property tax levy and general fund budget prior to preliminary
certification in September.
SUPPORTING DOCUMENTS ATTACHED:
• Proposed Meeting Schedule
POSSIBLE MOTION
PLEASE WORD MOTION AS YOU WOULD LIKE ITTO APPEAR IN THE MINUTES:
Motion to call for and schedule special budget and property tax levy review meetings as highlighted in the
attached schedule, with all meetings taking place at the Prairie Center.
BUDGET INFORMATION
FUNDING: BUDGETED:
N/A
City of Otsego
2022 Budget Process
Proposed Meeting Schedule
r
Meeting
Meeting
Actions
Date
Type
Objectives
Needed
April 26
N/A
Distribute Proposed Budget Calendar
None
May 10
Regular Agenda
Approve Budget Calendar / Set Special Meetings
Call for Special Meetings
May 24
Special
Budget Kickoff (Process / Goals / Objectives / Issues)
Direction to Staff
June 14
Special
Debt Service & Special Revenue Fund Budgets & Levies
Direction to Staff
June 28
Special
Capital Improvement Fund Tax Levies
Direction to Staff
August 6
N/A
Distribute Draft General Fund Budget
None
August 9
Special
General Fund Review
Direction to Staff
August 23
Special
General Fund Review
Direction to Staff
August 30
Special
General Fund Review
Direction to Staff
September 13
Regular Agenda
General Fund Summary Review & Tax Levy Review
Adopt Preliminary Tax Levy
October 11
Special
Capital Improvement Plan -TBD
Direction to Staff
October 25
Special
Capital Improvement Plan -TBD
Direction to Staff
November 8
Special
Capital Improvement Plan - TBD
Direction to Staff
November 22
Special
Public Utility Operating & Capital Budgets
Direction to Staff
Adopt Final Property Tax Levy
Adopt Final Budgets
December 13
Regular Agenda
Truth -In -Taxation Presenation & Public Input Process
Adopte Capital Improvement Plan