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HomeMy WebLinkAboutWORK SESSION SUMMARY-08/31/2021-Work Session 215 N Mason Street 2nd Floor PO Box 580 Fort Collins, CO 80522 970.221.6795 970.221.6782 - fax fcgov.com MEMORANDUM DATE: September 9, 2021 TO: Mayor Arndt and City Councilmembers THRU: Kelly DiMartino, Interim City Manager FROM: Travis Storin, Chief Financial Officer RE: August 31, 2021 Work Session Summary: 2022 Budget Preview This Council Work Session item was focused on a preview of the 2022 Recommended Budget. The presentation included a high-level review of the budget process, the associated financial assumptions for revenue and expenses, and the major themes that emerged. Information was shared on public engagement efforts to date and upcoming opportunities, including an overview of the OurCity platform, which can be found online at: https://ourcity.fcgov.com/ to collect inputs from the community. A summary of all public engagement between May and the end of September will be included in the budget discussion scheduled for October 12. The upcoming Council schedule to discuss and adopt the 2022 Budget was also reviewed. The 2022 Recommended Budget, including the Spanish and English version of the Budget in Brief, is targeted for release on September 1. The first of three currently scheduled work sessions to discuss the specific offers recommended for funding will occur on September 14, followed by September 28 and October 12. Between those meeting there will be two public hearings, which are scheduled for September 21 and October 5. After the presentation there was brief discussion on the information provided, City Council members asked questions with responses provided by staff. Attachment #1 contains the follow- up questions and requests not addressed during the work session. Responses will be provided in upcoming Thursday Packets in the weeks following each budget work session discussion.             Attachment #1 Mtg Date Outcome Council- member Offer # Question / Request 31-Aug N/A Ohlson N/A Request - Please explain how Council will be informed about how proposed programs and services in the 2022 Budget w ill address the twelve Council identified priorities that are consdidered as ongoing in nature. These are separate from the 32 adopted priorities. 31-Aug N/A Ohlson N/A Question - Although there were no budgeted salary increases in the 2021 Budget, how many staff members received actual increases and what was the total ongoing cost of those? 31-Aug N/A Ohlson N/A Request - Please explain the detail behind the $38.7M of 'new' revenue available for the 2022 Budget and where it is coming from. 31-Aug N/A Ohlson N/A Request - Please provide information on how the American Rescue Plan Act (ARPA) funding from the federal government is proposed to be spent. 31-Aug N/A Ohlson N/A Question - How will fund balances (reserves) be built back up and what is our targeted level of reserves?