File #: 20-0826    Version: 1
Type: information Status: Filed
File created: 10/12/2020 In control: Finance Committee
Agenda date: 10/21/2020 Final action: 10/21/2020
Title: Briefing on the 2021 Preliminary Operating Budget

Title

Briefing on the 2021 Preliminary Operating Budget

 

Recommended Action

Committee Recommendation:

Not referred to a committee.

 

City Manager Recommendation:

Receive a briefing on the 2021 Preliminary Operating Budget. Briefing only; No action requested.

 

Report

Issue:

Whether to receive a briefing on the Preliminary 2021 Preliminary Operating Budget including revenues, expenses and highlights.

 

Staff Contact:

Nanci Lien, Finance Director, 360.753.8465

 

Presenter(s):

Jay Burney, City Manager, 360.753.8740

Nanci Lien, Finance Director, 360.753.8465

 

Background and Analysis:

The 2021 Preliminary Operating Budget was presented to City Council at the October 20 meeting.  The COVID-19 global pandemic has brought unprecedented challenges to our community, neighborhood, businesses and economy.  Staff will review how the pandemic changed this year’s budget process and the steps taken to present a balanced preliminary budget.

 

Neighborhood/Community Interests (if known):

N/A

 

Options:

1.                     Receive a briefing on the 2021 Preliminary Operating Budget. Accept information without further action.

2.                     Request additional information for staff to bring back to Finance Committee for further discussion.

 

Attachments:

None