CITY COUNCIL AGENDA ITEM
ACTION REQUESTED:
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Conduct the public hearing for the 2020 Annual Operating Budget (Item 1 of 2)
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DEPARTMENT: Finance Department
SUBMITTED BY: Rachel Mayer, Finance Director
BOARD/COMMISSION REVIEW:
N/A
BACKGROUND:
??The annual budget is the City's financial and operational plan and serves as the guide for the upcoming budget year. The budget development process brings together input from elected officials, department directors, departmental staff and the public to shape the City's goals and objectives.
Per state statute, a public hearing on the proposed 2020 Annual Budget will be held on December 3, 2019, 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.
DISCUSSION:
Process
To prepare the 2020 budget, staff not only looked at the City's financial principles, goals, and ends policies, but also kept the concept of refocusing in mind throughout the planning process. As the City's budget reflects Naperville's goals, actions, and efforts to appropriately plan and position the City for the future, staff spent time looking at past actions, resetting priorities based on lessons learned, researching and developing opportunities for the community, and planning for future needs in preparing the 2020 budget.
In summary, many of the budgetary additions granted in 2019 helped staff refocus on new and existing projects and guided staff in planning the budget to continue to appropriately meet the needs of the community in the new decade. In addition, the 2020 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 City's fiscal responsibility to Naperville's taxpayers results in a continuous improvement model to find efficiencies in delivering ...
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