 |  | 5919 MAIN STREET . NEW PORT RICHEY, FL 34652 . 727.853.1016 |
| TO: | City of New Port Richey City Council | | FROM: | Peter Altman, Finance Director | | DATE: | 9/23/2015 | | RE: | Public Hearing on Budget and Resolution 2015-20, Page 18 |
REQUEST:
Hold the required Public Hearing and take comments regarding the fiscal year 2015/2016 Budget. After the Hearing, the City Council is requested to adopt Resolution 2015-20 establishing a Budget for the next fiscal year.
DISCUSSION:
All of the steps have been taken to follow the process for establishing the City's Budget for next fiscal year. TRIM notices were sent and the advertisement in the newspaper will be confirmed at the meeting as it must be placed within 2 to 5 days from the meeting. The City budget is below the rolled back rate and has been developed using forecasts from the State of Florida of State Revenues and from the examination of the year to date results for the current year. Staff will be prepared to answer any questions. A copy of the proposed budget is available for review on the City Website.
RECOMMENDATION:
After consideration of the Public Comments and discussion among the City Council, action to approve a budget and the associated Resolution 2015-20 is recommended.
BUDGET/FISCAL IMPACT:
This will set the budget for next fiscal year. | | | |