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Reno City Council holds third Budget Workshop

Post Date:05/12/2015 8:07 AM

Today’s special meeting of the Reno City Council & Redevelopment Agency Board will include presentations, discussion, and potential direction to staff regarding the proposed Fiscal Year 2016 (FY16) City of Reno Departmental Budgets, Redevelopment Agency Budget, and Capital Improvement Plan.

Additionally, Council will resume discussion on a possible Resolution to augment the current Fiscal Year (FY15) Budget. If adopted, the Resolution would include a $10.9 million General Fund augmentation.

What: Budget Workshop

When: Tuesday (today), May 12, 2015, 9 a.m.

Where: Reno City Hall, Council Chamber, first floor, 1 E. First St.

Reno City Council meetings can be streamed at Reno.gov/Meetings or viewed on Charter Channel 194.

Background & Next Steps

Council discussed strategic investment recommendations surrounding $10.9 million of additional resources in the FY15 General Fund at the preliminary April 21, 2015 Budget Workshop. It was decided that citizen input around budget priorities should be taken into account, as well as recommendations from the Financial Advisory Board (FAB), before a final decision was made. This item is also on the May 13, 2015 regular meeting agenda, should Council decide to continue the conversation until then.

Final Budget and Fee Schedule adoption will take place at a public hearing scheduled for Tuesday, May 19 at 1:30 p.m. If adopted, the Budget would be sent to the Nevada Department of Taxation for review on June 1.

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