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HomeMy WebLinkAboutAGENDA REPORT 2000 0105 CC REG ITEM 10MMOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council ITEM I ©• M of AC T i o� '; :..cdtz rye Q_�oi rr��t c_tttx FROM: John E. Nowak, Assistant City Manager ___� DATE: 08 December 1999 (Council Meeting of 01- 05 -00) SUBJECT: Consider Action on the Citizen Budget Review Committee BACKGROUND: At its meeting of November 18, 1998 the City Council agreed to establish a Citizens Budget Advisory Committee. At its December 16, 1998 meeting the Council approved having the Committee consist of eleven (11) residents and non - resident business owners. Four (4) applications were received by the December 30, 1998 deadline. The Council asked that the matter be brought back for consideration. DISCUSSION: The City Council had approved the creation of an eleven member Citizen Budget Advisory group to provide input to the FY 99/00 budget preparation process. When only four applications were received for the advisory group, the Council on January 20, 1999 approved taking no action for the FY 99/00 budget and reconsidering the idea of an advisory group for the FY 00/01 budget cycle. Attached is the proposed Mission Statement and Goals for the advisory committee that were reviewed and recommended by the Council Budget and Finance Committee. These were presented to the Council during its consideration, but no action was taken. This matter was requested to be placed before the City Council for its consideration. STAFF RECOMMENDATION: Direct staff as deemed appropriate. Attachment ®()0131 CITIZEN BUDGET REVIEW COMMITTEE MISSION STATEMENT The development of a Municipal Budget is a complex process. The citizens' understanding of Moorpark's process is essential to understanding the City's financial condition. Based on knowledge of this financing, the Citizen Budget Review Committee is requested to provide recommendations on revenue sources and expenditure programs. GOALS • To review the City's current revenue sources, including those under City control and those determined by other governmental entities. • To gain an understanding of the City's limitations on expenditures from various restricted revenues. • To review the City's policy of allocating expenditures among the various revenues sources available to the City. • To make recommendations on potential new revenue sources and /or adjustments to current revenue sources under City control. • To make recommendations on budget funding priorities for the forthcoming fiscal year by program. • To make recommendations on appropriate service levels to be provided by the City and the funding sources for those services. • To comment on the City's policy for reserve fund balances. 006 :L3Z