To: Honorable Mayor and Members of City Council
From: Steve Potter, City Manager
Prepared By: Bret Prebula, Finance Director
TITLE:
Title
City of Napa FY 2020/21 Budget Update Adoption
LABEL
RECOMMENDED ACTION:
Recommendation
1. Adopt a resolution approving and adopting the budget updates for the Fiscal Year 2020/21.
2. Adopt a resolution approving the City-Wide Position Staffing Plan.
Body
DISCUSSION:
On June 8, 2020, the City Council conducted a Public Hearing to receive public comment on the Proposed Update to the Budget for Fiscal Year 2020/21. The City Council reviewed the proposed budget in detail at that meeting. The Proposed Update to the Budget for Fiscal Year 2020/21 provides adjustments to the City of Napa's financial plan for City activities and programs for the next fiscal year beginning July 1, 2020. The budget update lists proposed adjustments to City revenues and expenditures and includes recommended changes to the City's spending and staffing plans. The goal of this budget is to balance the need to be responsive in providing services to residents, businesses and visitors in our community with the need to operate within the limitation of available resources. The budget document includes updates to the budgets for the General Fund, Special Revenue Funds, Internal Service Funds, Enterprise Funds, the Housing Authority of the City of Napa and the Capital Improvement Program.
During the June 8, 2020 Public Hearing, public comment on the budget was received and discussion by Council members resulted in no requested amendments to the budget as proposed.
FINANCIAL IMPACTS:
The total budget for all City funds after proposed adjustments is $223.5 million for Fiscal Year 2020/21. The proposed General Fund operating budget after proposed adjustments totals $90.6 million in Fiscal Year 2020/21, a decrease of $12.7 million from the original adopted budget. Expenditure budget totals for all other funds are included in Exhibit "A" to Attachment ...
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