File #: R-55-24    Version: 1 Name:
Type: Resolution Status: Agenda Ready
File created: 11/13/2024 In control: City Council
On agenda: 11/25/2024 Final action:
Title: Budget Process Timeline for Fiscal Year 2026 - For the purpose of approving a timeline for the Fiscal Year 2026 budget development and approval process.
Sponsors: Gavin Buckley
Attachments: 1. R-55-24 First Reader, 2. R-55-24 Fiscal Impact Note, 3. R-55-24 Staff Report
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

Title

Budget Process Timeline for Fiscal Year 2026 - For the purpose of approving a timeline for the Fiscal Year 2026 budget development and approval process.

Body

CITY COUNCIL OF THE

City of Annapolis

 

Resolution 55-24

 

Introduced by: Mayor Buckley

 

A RESOLUTION concerning

 

Budget Process Timeline for Fiscal Year 2026

 

FOR                     the purpose of approving a timeline for the Fiscal Year 2026 budget development and approval process.

 

WHEREAS,                     the City Council wishes to approve the following timeline for the Fiscal Year 2026 budget development and approval process:

 

December 5, 2024                     City Council Work Session for Fiscal Year 2026 budget

 

April 14, 2025                     Introduction of Mayor’s Budget for Fiscal Year 2026 at Regular City Council meeting.

 

April 17, 2025                     City Council Work Session - budget overview and review of the City Council budget binder.

 

April 21-May 9, 2025                     Finance Committee budget hearings and deliberation.

 

April 24, 2025                     Council Work Session for CIP presentation, debt affordability and other budget items. This will be a joint meeting with the Financial Advisory Commission.

 

May 9, 2025                     Due date for budget amendment ideas and recommendations from City Council members to the Finance Department.  Budget changes and amendments will not be accepted after this date.

 

May 12, 2025                     Finance Committee budget report due at Regular City Council meeting.

 

May 22, 2025                     City Council Work Session to discuss the submitted budget amendments created by the Finance Department from the ideas and recommendations submitted by the City Council members. This will be an extended meeting from 2:00 to 5:00 PM.

June 2, 2025                     Full day (starting at 10:00 AM) Special City Council Meeting for budget discussion and deliberations.  There will be no other agenda items for this meeting.

 

June 9, 2025                     Regular City Council meeting - Approval of Budget for Fiscal Year 2026.

 

NOW, THEREFORE, BE IT RESOLVED BY THE ANNAPOLIS CITY COUNCIL that the foregoing timeline for the Fiscal Year 2026 budget development and approval process is hereby approved.