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HomeMy WebLinkAbout1993-01-19; City Council; 12039; State budget updateAs0 OF CARLSBAD - AGEWA BILL -5& ( AB# J'AiQS? TITLE: CITY MI DEPT. CM CITY A' UPDATE ON THE STATE BUDGET MTG. 1/19/93 DEPT. I RECOMMENDED ACTION: Accept the staff report, and if necessary, direct staff to return with recommendations related to preparing the City's 1993-94 Operating and/or Capital Budgets. ITEM EXPLANATION: As the State of California continues to struggle with the challenge of balancing its budget, the basic fiscal systems that support local government are under attack. As the rapid fire process of proposal and counter proposal plays out, staff will be prepared to regularly update the Council and public on how the most recent budget balancing plan affects the City of Carlsbad After hearing staffs report, the Council may choose to accept the report with no action, or direct staff to return with further recornmendations, information or alternatives related to necessary budget actions. Staff is prepared to give a brief oral presentation on the status of the State and City budgets. EXHIBITS: z5 2 F d 2 z 0 F 0 a : 2 3 0 0 I None