CITY COUNCIL AGENDA ITEM
ACTION REQUESTED:
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2019 Budget Workshop #2
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DEPARTMENT: Finance Department
SUBMITTED BY: Rachel Mayer, Finance Director
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BACKGROUND:
The City of Naperville’s 2019 operating budget is recommended at $452.2 million, an overall increase of 2.2% from the $442.4 million 2018 budget. The City’s mission statement, ends policies and financial principles are primary guiding influences in the budget development process. The 2019 budget recommendation allocates the resources necessary to accomplish the City’s goals and maintain the high-quality service levels for Naperville’s residents and business community.
DISCUSSION:
This is a continuation of the budgetary discussion from Budget Workshop #1 held on October 29, 2018. At this meeting, the City expects to discuss the overall budget request and specific budget items regarding:
• Follow-up from Workshop #1
• Naperville Public Library
• Naper Settlement
• Economic Development
• Financial Stability
• Financial Principles and Budget Wrap-up
The 2019 Annual Operating Budget and Capital Improvement Plan budget book can be found online on the City’s Annual Budget Report and Audit webpage and at <https://www.naperville.il.us/globalassets/media/finance-documents/budget-audit-reports/2019budget_cityofnaperville_proposed.pdf>.
Presentation slides for the Workshop will be published on Friday, November 9, 2018.
Budget Workshop #3 (if necessary) is scheduled for November 26, 2018 to finalize the review of the 2019 proposed budget submission, if necessary.
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