TO: Mayor and Commissioners
FROM: India J. Adams, Assistant City Manager
THROUGH: Mark R. Lauzier, City Manager
DATE: September 6, 2018
Title
RESOLUTION NO. 105-18: TENTATIVE BUDGET ADOPTION FOR FY 2019
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Recommended Action:
Recommendation
Motion to approve Resolution No. 105-18 Tentative Budget Adoption for FY 2019
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Background:
Resolution No. 105-18 provides for the tentative appropriations of sums of money for all necessary expenditures of the City of Delray Beach (City) for the period of October 1, 2018 to September 30, 2019.
The tentative FY 2019 budget appropriations are set forth in Exhibit A of the attached Resolution No. 105-18. The tentative budget utilizes an operating millage rate of 6.7611 and a debt service millage rate of 0.2108. Final millage rates will be determined by the City Commission prior to final adoption of the budget on September 25, 2018. Any recommended amendments to Exhibit A will be addressed in the resolution for final budget adoption.
Pursuant to City Charter and TRIM requirements, a public hearing must be held prior to adoption of the tentative budget.
Final adoption for the budget for FY 2019 is scheduled on September 25, 2018.
A preliminary version of the budget was distributed to the City Commission and made available to the public in July. Updates and revisions resulting from ongoing budget development will be presented at the September 6, 2018 meeting.
Timing of Request:
The final budget public hearing is scheduled for September 25, 2018.
Attachments:
Resolution No. 105-18
Exhibit A from tentative budget adoption FY 17/18
Exhibit A from tentative budget adoption FY 16/17
Variance explanations from past Exhibit As FY17,FY18, & FY19
Commission budget workshop questions and answers
Budget town hall questions and answers