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File #: 18-1024    Version: 1
Type: Public Hearing Status: Agenda Ready
File created: 11/26/2018 In control: City Council
On agenda: 12/4/2018 Final action: 12/4/2018
Title: Conduct the public hearing for the 2019 Annual Operating Budget (Item 1 of 2)
CITY COUNCIL AGENDA ITEM

ACTION REQUESTED:
title
Conduct the public hearing for the 2019 Annual Operating Budget (Item 1 of 2)
body

DEPARTMENT: Finance Department

SUBMITTED BY: Rachel Mayer, Finance Director

BOARD/COMMISSION REVIEW:
N/A

BACKGROUND:
Per state statute, a public hearing on the proposed 2019 Annual Budget will be held on December 4, 2018, at the City Council meeting prior to adoption of the ordinance. Once the hearing concludes, the budget may be revised and passed without further public inspection, notice or hearing.

The annual budget is the City's financial and operational plan and serves as the guide for the upcoming budget year. The process brings together input from elected officials, department directors, departmental staff and the public in order to shape the City's goals and objectives.

DISCUSSION:

Process
The 2019 budget recommendation adheres to the City's established three financial principles and meets the service needs of the community's citizens while simultaneously advancing Naperville's goals and ends policies. The recommendation also reflects the priorities and guidance provided by City Council during financial discussions earlier this fall. During these discussions, staff sought guidance on several financial priorities, including citywide service levels, long-term financial goals, and short-term financial impacts. Based upon City Council's engagement and guidance, staff has brought forth a budget that continues to align with the City's financial principles.

The City's fiscal responsibility to Naperville's taxpayers results in a continuous improvement model to find efficiencies in delivering services. Staff continually reviews expenditures, revenues, and service delivery methods throughout the year to capitalize on efficiencies.

Guiding Principles
The City's mission statement, ends policies and financial principles are primary guiding influences in the budget development process. With service delivery at the core of each ...

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