Page 70 - Hurst FY20 Approved Budget
P. 70
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 2019 - 2020
Date Activity
March 2 City Council Strategic Planning Session held.
March 20 - March 22 New or changed Strategic Plans from City Council communicated to
Department Heads for inclusion in 2019-2020 budget process.
May 3 Departments present Multi Year Financial Plan information.
April - May Finance reviews Plan as completed.
June Meet with City Manager.
July Final review before printing.
August 10 Multi-Year Financial Planning work session and workshop.
54
