File #: 19-835    Version: 1 Name:
Type: Resolution Status: Passed
File created: 8/15/2019 In control: City Commission
On agenda: 9/5/2019 Final action: 9/5/2019
Title: RESOLUTION NO. 155-19: TENTATIVE BUDGET ADOPTION FOR FY 2020
Sponsors: Finance Department
Attachments: 1. Agenda Cover Report, 2. Resolution 155-19 Budget Adoption, 3. FY 2020 - Exhibit A, 4. FY 2020 City Of Delray Beach Budget Workshop Presentation - Revised, 5. FY 2020 City of Delray Beach Budget at a Glance

TO:                                          Mayor and Commissioners

FROM:                     Laura Thezine, Acting Finance Director

THROUGH:                     Neal de Jesus, Interim City Manager

DATE:                     September 5, 2019

 

Title

RESOLUTION NO. 155-19: TENTATIVE BUDGET ADOPTION FOR FY 2020

 

Body

Recommended Action:

Recommendation

Motion to approve Resolution No. 155-19 Tentative Budget Adoption for FY 2020.

Body

Background:

Resolution No. 155-19 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, 2019 to September 30,

2020.

 

The tentative FY 2020 budget appropriations are set forth in Exhibit A of the attached Resolution No.

155-19. The tentative budget utilizes an operating millage rate of 6.6611 and a debt service millage

rate of 0.2034. Final millage rates will be determined by the City Commission prior to final adoption of

the budget on September 17, 2019. 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 2020 is scheduled on September 17, 2019.

 

A preliminary version of the budget was distributed to the City Commission and made available to the

public in August. Updates and revisions resulting from ongoing budget development will be presented at

the September 5, 2019 meeting.

 

 

Timing of Request:

The final budget public hearing is scheduled for September 17, 2019.