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HomeMy WebLinkAbout2020-03-05; Arts Commission; ; CITY BUDGET CYCLE UPDATE1 Meeting Date: March 5, 2020 To: Carlsbad Arts Commission From: Richard Schultz, Cultural Arts Manager richard.schultz@carlsbadca.gov or 760-602-2086 Subject: City Budget Cycle Update Recommended Action No action needed. Executive Summary This report previews the timeline for the city’s budget cycle. Discussion The city is currently in the midst of its annual cycle to create and approve the FY2020-2021 budget. The following timeline details the highlights: • Jan. 21 Citizen’s Budget Workshop (Includes both operating & capital budgets) • Feb. 21 City departments submit budget forms to Finance • April 2 Present budget submission to Arts Commission including Arts & Culture Master Plan • April 7 City Council update on Arts & Culture Master Plan to obtain budget direction • April 14 Public City Council Workshop – Financial Outlook/Spending Priorities • April 22 Present budget submission to Library Board of Trustees for concurrence • May 19 Public CIP & Operating Budget Workshop w/ City Council • June 23 Public Hearing/Budget Adoption by City Council Fiscal Analysis No additional city funding is being requested at this time. 6 of 7 2 Next Steps None. Public Notification This document was noticed in accordance with the Ralph M. Brown Act (California Government Code Section 54950 et. Seq.), published and distributed at least 72 hours prior to the meeting date and time. Exhibits None. 7 of 7