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HomeMy WebLinkAbout2003-09-15; Parks & Recreation Commission; 903-4; Budgetary and Economic ForecastPARKS & RECREATION COMMISSION - AGENDA BILL AB# 903-4 MTG. DATE: 09/15/03 STAFF: HILDABRAND TITLE : BUDGETARY AND ECONOMIC FORECAST PRESENTATION 0 INFO r- 1 ACTION RECOMMENDED ACTION : Accept and file staff report. ITEM EXPLANATION : Lisa Hildabrand, the City's Finance Director, has been asked to report to the Parks and Recreation Commission concerning the current and future outlook of the City's fiscal condition. The presentation will focus on operating expenses, revenue projections and impacts that the state budget will have upon Carlsbad's budget. A PowerPoint presentation will be used as part of the staff report and the Commission will receive a printed copy prior to the staff presentation. Ms. Hildabrand was requested by staff to present this information as a prelude to the following agenda item which deals with the recently approved Capital Improvement Program (CIP) Budget. The information she shares will provide a better understanding of the Operating and CIP Budget approval process by City Council, both now and in future years. EXHIBITS: None at this time.