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HomeMy WebLinkAboutWORK SESSION SUMMARY-08/11/2020-Work Session (4) 215 N Mason Street 2nd Floor PO Box 580 Fort Collins, CO 80522 970.221.6795 970.221.6782 - fax fcgov.com MEMORANDUM DATE: August 14, 2020 TO: Mayor Troxell and City Councilmembers THRU: Darin Atteberry, City Manager FROM: Travis Storin, Interim Chief Financial Officer Lawrence Pollack, Budget Director RE: August 11, 2020 Work Session Summary: 2021 Budget Preview This Council Work Session item was focused on a preview of the 2021 City Manager’s Recommended Budget. The presentation included a high-level review of process changes caused by the pandemic and the financial assumptions for revenue and expenses. The major themes that are emerging were presented along with linkages to applicable 2020 Strategic Objectives. Lastly, an overview of public engagement for the 2021 budget was discussed, which leverages the OurCity platform. Staff heard several areas of interest from the Council heading into our remaining Work Sessions, Public Hearings, and Readings, including:  Transfort service levels  Impacts to Our Climate Future  Rescheduling First Reading on account of election day  Confirming input from Boards and Commissions  Updates on revenue forecasting, including additional contingency plans for improving or deteriorating revenue possibilities DocuSign Envelope ID: 4FB28B4F-80A4-42A8-9B36-3AC8F24C0C25