Page 34 - Hurst Adopted FY22 Budget

THE PROCESS

STRATEGIC PLAN AND BUDGET PROCESS

PLANNING City Council Budget Review &

January Approval
• Annual report distributed July
February • Multi-year financial planning session
• Citizen survey A u gust
• Town Hall Forum • Council budget workshop
March • Public hearings on tax rate & budget
• Council strategic planning sessions September

• Council considers approval o f budget
STAFF BUDGET DEVELOPMENT & & tax rate
REVIEW • Strategic plan published

April BUDGET IMPLEMENTATION &
• Staff strategic planning session
• Budget process begins EVALUATION
May October
• Departmental budgets & action plans • New fiscal year budget begins
completed November
• City manager budget review with • Previous year audit process begins
departments
June
• Performance measures developed Timeline subject to change due to state tax code.
• City manager finalizes preliminary
budget
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