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File #: 22-024    Version: 1 Name:
Type: Informational Report Status: Agenda Ready - Work Session
File created: 1/28/2022 In control: City Council
On agenda: 2/8/2022 Final action:
Title: The Administrative Services Department recommending that the Council participate in a budget workshop in preparation for the upcoming fiscal year 2022-23 budget process
Attachments: 1. Council Budget Workshop 1 Feb 8 2022.pdf
Related files: 22-033
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Agenda Item Title:

Title

The Administrative Services Department recommending that the Council participate in a budget workshop in preparation for the upcoming fiscal year 2022-23 budget process

 

Body

Presenter:

Brian Kelley, Administrative Services Director

 

Body

Description/Background:

This budget workshop will be workshop number one in a series of four.  For the final workshop in the series, the Council will discuss and develop its' budget priorities for the upcoming fiscal year.

 

During this workshop the following topics will be covered:

 

- Sandy City guiding financial principals

- Fund Structure

- Quick overview of revenue types

- What is an internal charge

- Review of significant Sandy financial events and processes

- Revenue and Expense Outlook

- Budget process calendar

 

(Materials will be added to this agenda item as the workshop draws nearer)

 

Further action to be taken:

This is workshop one in a series of four. The remaining workshops will be held on 2/15, 2/22, and 3/1.

 

Recommended Action and/or Suggested Motion:

Recommendation

No formal action is required of the council.