HomeMy WebLinkAbout2024-01-24; Library Board of Trustees; ; Fiscal Year 2024-25 Budget Policies and TimelinesJan. 24, 2024 Item #3 Page 1 of 1
Meeting Date: Jan. 24, 2024
To: Library Board of Trustees
From: Fiona Everett, Senior Management Analyst
Staff Contact: Fiona Everett, Senior Management Analyst
Fiona.everett@carlsbadca.gov, 442-339-2014
Subject: Fiscal Year 2024-25 Budget Policies and Timelines
District: All
Recommended Action
Receive the FY 2024-25 budget policies and timelines report.
Executive Summary
Staff will share the city’s FY 2024-25 budget policies and timelines with the Trustees.
Explanation & Analysis
None.
Fiscal Analysis
None.
Next Steps
None.
Environmental Evaluation
This item does not require environmental review because it does not constitute a project within
the meaning of the California Environmental Quality Act under California Public Resources Code
Section 21065 in that it has no potential to cause either a direct physical change in the
environment or a reasonably foreseeable indirect physical change in the environment.
Exhibits
None.
LIBRARY BOARD OF TRUSTEES
Staff Report
FY 2024-25
Budget Policies & Timelines
Fiona Everett, Senior Management Analyst
Library & Cultural Arts Department
January 24, 2024
{ City of
Carlsbad
TODAY’S PRESENTATION
•City Council Strategic Plan
•Budget Guiding Principles
•Economic Environment
•FY 2024-25 Budget Directives
•Department Strategy
•Reorganization
•Timeline
ITEM 3: FY 2024-25 BUDGET
{ City of
Carlsbad
CITY COUNCIL STRATEGIC PLAN
•Adopted in Oct. 2022
•5-year vision for the city
•Guides prioritization of programs and projects
within departments
•The annual adopted budget is the work plan
for implementation of the strategic plan
ITEM 3: FY 2024-25 BUDGET
( City of
Carlsbad
CITY COUNCIL STRATEGIC PLAN
•Community character
•Economic vitality
•Organizational excellence and fiscal
health
•Sustainability and the natural
environment
•Quality of life and safety
ITEM 3: FY 2024-25 BUDGET
( City of
Carlsbad
LIBRARY IN THE STRATEGIC PLAN
Community Character
•Programs that enhance wellness, socialization, inclusion
and active living
Economic Vitality
•Partnerships with local and regional business support
organizations
ITEM 3: FY 2024-25 BUDGET
( City of
Carlsbad
CITY BUDGET GUIDING PRINCIPLES
•Being Brilliant At The Basics
–Efficient and effective service delivery to meet service needs
–Nimble and flexible, in response to unanticipated needs and to
build resilience
–Make sound decisions that are supported by data
ITEM 3: FY 2024-25 BUDGET
{ City of
Carlsbad
BUDGET AND ECONOMIC ENVIRONMENT
•City nearing build-out = reduced development revenue
•Rising costs
–Inflation has slowed but prices in key areas still high
–Minimum wage increase
–Pension
•Aging city infrastructure = costly maintenance projects
•Fiscal sustainability with service costs outpacing revenue
ITEM 3: FY 2024-25 BUDGET
{city of
Carlsbad
BUDGET DIRECTIVES
•No budget cuts required
•Examine programs and services for long-
term sustainability given economic
challenges
•Twelve position proposed to be cut
citywide
•2 in L&CA:
•Lead Librarian
•Production Technician
ITEM 3: FY 2024-25 BUDGET
FY 2024-25 DEPARTMENT STRATEGY
•Examine and prioritize service areas to find savings
•Optimize use of funds from support organizations,
donations and endowments
ITEM 3: FY 2024-25 BUDGET
{city of
Carlsbad
LIBRARY REORGANIZATION
ITEM 3: FY 2024-25 BUDGET
Administration
Finance
Training
Volunteers
Public Services*
Dove Library
Cole Library
Library Learning Center
Special
Services
Collection & Technical Services
Literacy
Partnerships & Outreach
Cultural Arts
TGIF, Programs/Venues
Gallery
Public Art
Arts Education*Circulation, Childrens, Adult & Teen,
Bilingual, Genealogy & Carlsbad History
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{ City of
Carlsbad
BUDGET TIMELINE
Date
FEBRUARY 9
Budgets submitted
to budget team
TBD
Finance reviews,
meets and works
with departments
MAY 23
Community Budget
Workshop
MARCH 20
L&CA Department
meets with City
manager
June 18
Final Budget
Adoption by City
Council
MAY 21
Preliminary Budget
presentation to City
Council
ITEM 3: FY 2024-25 BUDGET
{city of
Carlsbad