Title
Staff Report Presenting the Proposed Adjustments for the 2021-22 and 2022-23 General Fund, Special Revenue Funds, Enterprise Funds, and Internal Service Funds Budget
Staffreport
SUMMARY AND RECOMMENDATIONS
Staff recommends the Finance Committee review and recommend approval of the proposed Amended 2022-23 City Budget including revenue and expenditure appropriations. The City Council will consider the Finance Committee's budget recommendation at the June 21, 2022 meeting.
BACKGROUND
The City Council approved the biennial 2021-22 and 2022-23 General Fund, Special Revenue Funds, Enterprise Funds, and Internal Service Funds budgets on June 28, 2021. The approved biennial budget is the City's plan for resource allocations that guides and insures implementation of City Council policies and priorities. The budget implements the City Council's vision and direction for the broad range of services meeting the needs of the community.
The City Manager's Budget Message in June 2021 predicted a positive future for the City. The past 12-months revenue/expenditure experience affirms the confidence for exiting the pandemic-period.
"With the rollout of vaccines and the stimulus funds provided by the Federal government, we hope life will begin to return to normal. Fortunately, the economic outlook for San Leandro is expected to be positive in the upcoming biennial period.
The budget for 2021-22 and 2022-23 envisions both the community and the City organization moving steadily out of the COVID-19 environment. The proposed budget projects a stable revenue platform and describes a work program and expenditure plan supporting continued delivery of all regular City programs, services, and planned projects for the community. The budget also proposes enhancing services in key program areas related to human services, police oversight, economic development, resiliency, and capital projects."
The City is fortunate to have strong growth in sales tax revenue during th...
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