Page 42 - HurstFY23AnnualBudget

THE PROCESS

STRATEGIC PLAN AND BUDGET PROCESS

PLANNING City Council Budget Review &

January Approval

- Annual report distributed July
February - M u lt i-year f in an cial p lan n in g sessio n
- Citizen survey August
- Town Hall Forum - Co u n cil b u d get w o r ksh o p
March - Pu b lic h ear in gs o n t ax r at e & b u d get
- Council strategic planning sessions Sept ember
STAFF BUDGET DEVELOPMENT & - Co u n cil co n sid er s ap p r oval o f b u d get
& t ax r at e
REVIEW
- St r at egic p lan p u b lish ed
April
BUDGET IMPLEMENTATION &
- Staff strategic planning session
EVALUATION
- Budget process begins
May October
- Departm ental budgets & action plans - New fiscal year budget begins
com pleted November
- City m anager budget review with - Previous year audit process begins
departm ents
June

- Perform ance m easures developed Timeline subject to change due to state tax code.
- City m anager finalizes prelim inary
budget
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