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Processes and Policies



            Budget Calendar


            February 8 - 26, 2021: City Manager’s Office Budget Prep Approved

               ·   Review of forward looking assumptions and financial models
               ·   Allocation review and approval
               ·   Prior Year Commitment review and approval
               ·   Review programmable spend and available capital fund balances
               ·   City Council Retreat
            February 22 – June 4: 5-Year CIP Development, Entry, and Review (2022-2026)

               ·   Review current 5-Year CIP and update/Change existing years and add 2026
               ·   Executive level review and feedback for CIP development
            February 24 – September 30: Business Performance Plan Development

               ·   Departments review and update BPP and update for FY2022
               ·   Departments review and update Key Performance Indicators (KPI)
               ·   Executive level review and provides feedback on KPIs
            March 8 – April 16: Develop FY2021 Month 5 Forecast

               ·   Departments develop Month 5 Forecast FY2022 operating budget
               ·   Departments forecast revenue and expenses for the end of FY2021
               ·   Executive level review Month 5 Forecast
            March 25: FY2022 Budget Kickoff

               ·   Update of budget outlook, constraints, and overall process
               ·   Instruct departments on the budget process
            March 29 – June 30: FY2022 Budget Development

               ·   Enter Department Requested – matching adjusted budget
               ·   Executive level review and approval for 2022 Budget development
            April 5 – July 30: FY2022 Revenue Manual

               ·   Provide data for improvements to the new Manual
               ·   Review fee schedules and data
               ·   Complete and compile final changes
            June 7 – July 17: Develop FY2021 Month 8 Forecast

               ·   Departments develop Month 8 Forecast FY2022 operating budget
               ·   Departments submit plans to cover any budget shortage for FY2021
               ·   Executive level review Month 8 Forecast and finalize FY2021 budget changes due to forecast
               ·   Create Wind-up M&C based on Month 8 Forecast
            June 23 – June 28: Budget Blitz – FY2022 CMO Budget Review
               ·   Departments present FY2022 decision packages to the Executive level to review
            July 6 – July 17: CMO Budget Review – Decision Package Consideration

               ·   Review FY2022 Proposed Budget
               ·   Review and approve decision package requests






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