Page 81 - Hurst FY19 Approved Budget
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MULTI YEAR FINANCIAL OVERVIEW
The Multi Year Financial Overview is a planning document and is the product of a process, which is updated
each year. It serves as a guideline for budgeting and for managing the resources of the city. The format
includes a review of growth factors in revenues and expenditures for five fiscal years. Essential to the process
is the inclusion of projected new programs and capital replacements unique to each department.
CITY OF HURST
MULTI YEAR FINANCIAL OVERVIEW
FOR FISCAL YEAR 2018 - 2019
Date Activity
March 21 - March 23 New or changed Strategic Plans from City Council communicated to Department
Heads for inclusion in 2018-2019 budget process.
March 24 City Council Strategic Planning Session held.
May 4 Departments present Multi Year Financial Plan information.
April - May Finance reviews Plan as completed.
June Meet with City Manager.
July Final review before printing.
July 28 Multi-Year Financial Planning work session.
August 18 City Council Workshop.
The Multi Year Financial Overview was presented on July 28th, one month before the final reading and
adoption of the operating budgets; therefore, the overviews are based on preliminary budget projections. As
such, figures included in the plan may or may not tie to adopted budget amounts. A copy of the documents can
be obtained by contacting the Fiscal Services Department.
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