Report Prepared by: Steven S. Carrigan, City Manager
Title
SUBJECT: Public Hearing - Affords the Interested Public an Opportunity to Provide Input on the Content of the City Council, Public Financing and Economic Development Authority and the Parking Authority Fiscal Year 2020-21 Proposed Budget
REPORT IN BRIEF
Public Hearing to afford the interested public an opportunity to provide input on the content of the 2020-21 City Council, Public Financing and Economic Development Authority, and Parking Authority Proposed Budget.
RECOMMENDATION
City Council/Public Financing and Economic Development Authority/Parking Authority - It is recommended that the City Council/Authorities conduct the Public Hearing and provide direction to the City Manager on the content of the Fiscal Year 2020-21 Budget; and adopt a motion continuing the Public Hearing to the June 15, 2020 Council Meeting.
Body
ALTERNATIVES
1. Approve, as recommended by staff; or
2. Approve, subject to other than recommended by staff (identify specific findings and/or conditions amended to be addressed in the motion); or,
3. Deny; or.
4. Refer to staff for reconsideration of specific items (specific items to be addressed in the motion); or,
5. Continue to a future meeting (date and time to be specified in the motion).
AUTHORITY
Charter of the City of Merced, Section 1104.
DISCUSSION
At the onset of developing the FY 2020-21 City Manager's Recommended Budget, the City of Merced's financial outlook was positive. The City Council started the budget process by holding three town hall meetings. Taking input from residents, the Council established their upcoming Goals and Priorities for projects, programs, and funding to be included in the Proposed Fiscal Year 2020-21 Budget.
However, with the arrival of the novel coronavirus pandemic coupled with Governor Newsom's Stay-at-Home orders, the City of Merced's economic outlook was rapidly changing. After some analysis, we are expecting to see declinin...
Click here for full text