Submitted By
Lisa Shelley, Deputy Village Manager
Agenda Item Title
Title
Preliminary Discussion with Department Directors Regarding FY 2022 Budget
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Overview
Overview
As part of the annual budget process, the Village Board holds preliminary budget meeting with the Department Directors in advance of the Village Manager presenting a draft recommended FY22 budget in late September. This session is an opportunity for the Chief Financial Officer to provide historical property tax information, each Director to present a quick overview as to their core services and for the Village Manager to review a tentative calendar for budget development in advance of presentation of a recommended budget for the next fiscal year.
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Anticipated Future Actions/Commitments
Recommendation
Finance Committees of the Village Board will be scheduled in September and October.
Special Meetings of the Village Board to review the proposed budget as a whole will be scheduled in November.
Public Hearings on the budget as well as first and second readings of any fee changes are scheduled for November.
Budget adoption is scheduled for December.
Body
Report
This discussion with the Department Directors has traditionally been held each year with the Village Board as a first step in the budget process. This meeting will be an opportunity for the Village Board to hear from Department Directors on their core services which inform development of the budget requests from their perspective. Over the next month, the Village Manager to meets are reviews with each individual Director their priorities along with the Chief Financial Officer. In accordance with the form of government and Chapter 2 of the Municipal Code, the Village Manager will then submit a recommended draft budget to the Village Board. The Finance Committee will review the recommendations and then the full Village Board will meet to discuss. The Village Clerk's Office also participates in this process ...
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