Title
Budget Spotlight: 2025 Operating Budget Process
Recommended Action
Committee Recommendation:
Discussion only. No action requested.
City Manager Recommendation:
Discuss the 2025 Operating Budget process.
Report
Issue:
Whether to discuss the 2025 Operating Budget Process.
Staff Contact:
Aaron BeMiller, Finance Director, 360.753.8465
Presenter(s):
Joan Lutz, Budget and Financial Manager
Stacey Ray, Director of Strategic Planning and Performance
Background and Analysis:
The 2025 Operating Budget process formally kicked off on Monday June 3. This report is an opportunity to update the Finance Committee regarding provided on the budget significant due dates, performance measures, and budget instructions provided by the City Manager.
Climate Analysis:
This agenda item is expected to result in no impact to greenhouse gas emissions.
Equity Analysis:
One of the goals of the City’s budget process is to ensure that city services are provided equitably to our residents and business communities, as well as the greater Olympia community. This agenda item is not expected to further impact known disparities in our community.
Neighborhood/Community Interests (if known):
Members of the community may have an interest in this agenda item as it deals with City finances and fiscal governance.
Financial Impact:
There is no financial impact associated with this agenda item.
Options:
1. Discuss the 2025 budget process.
2. Do not discuss the 2025 budget process.
3. Reschedule the discussion to another meeting.
Attachments:
None