HomeMy WebLinkAbout0011_4_BUDGET CALENDAR
CITY OF LAKE ELSINORE, CALIFORNIA
FY2016‐17 BUDGET CALENDAR
MONTH
DESCRIPTION
TIMELINE
MARCH
‐
Development of budget parameters/strategic goals
March12
‐
‐
‐
‐
‐
‐
Distribution of Budget Preparation Guidelines
Budget workshop with key City staff
Development of program goals and objectives
Development of performance measures
Budget requests submitted to Finance for review
Proposed CIP ("Capital Improvement Plan") projects submitted to Finance
March 12
March 13
March 13
March 13
March 26
March 28
APRIL
‐
Department operating budget submittals reviewed
April 1
‐
‐
‐
Revenue estimates completed by Finance
Budget analysis prepared for review by City Manager
CIP project timing and priorities modified based on available revenues
April 1
April 8
April 11
MAY
‐
Preliminary operating and CIP budgets prepared
May 1
‐
‐
Five‐year financial projection completed
Public budget workshop with City Council allowing for public input
May 6
TBD ‐ 3RD WEEK OF MAY
JUNE
‐
Prepare agenda reports and proposed budget documents
June 1
‐
‐
Council adoption of final operating and CIP budgets
Council adoption of schedule of authorized positions and Gann Appropriations Limit
June 14
June 14
ONGOING
‐
Monthly budget/actual reports reviewed & sent to Departments
Monthly
‐
‐
Quarterly financial statements prepared and presented to City Council
Mid‐year budget analysis and revision
Quarterly
February 2015
10