File #: 22-3046    Version: 1 Name:
Type: Conference Session Item Status: Agenda Ready
File created: 4/1/2022 In control: Town Council Work Session
On agenda: 4/18/2022 Final action:
Title: Fiscal Year 2022-23 Budget Conference Session #3
Attachments: 1. 1 Notice of budget public hearing with attachment, 2. 2 Unfunded Priorities FY22-23 Final

Subject:

Title

Fiscal Year 2022-23 Budget Conference Session #3

Body

BACKGROUND SUMMARY:

This work session is held to allow Council to make final changes to the fiscal year 2022-23 operating budget.

 

OVERVIEW:

 

The balanced 2022-23 general fund budget includes a $240,000 reserve for unfunded priorities.  Directors have provided a list of desired unfunded items which have been reviewed by the budget committee (BCOM).  Attached are a list of operating unfunded priorities with BCOM recommendations highlighted on the list.  Several of the projects could qualify for ARPA funding this year and are noted as such.  There is also one project on the list that would be funded by the stormwater fund.

 

The second page is capital unfunded priorities.  These will be discussed further at the conference session on May 9, 2022, where staff will get Council input on reallocation of capital funds for specific projects.

 

SUMMARY/STAFF IMPRESSIONS:

 

A prioritized list of unfunded priorities with recommendations from departments and BCOM are presented to Council for discussion.

 

RECOMMENDATION:

Recommended Action

 

Staff recommends Council allocate the $240,000 reserve for unfunded priorities.