Adopt the Budget Calendar for FY 2023-24
WHEREAS, on October 30, 2002, City Council approved ordinance #176988, authorizing a contract with the Government Finance Officers Association (GFOA) for an assessment of the City’s budget systems and processes; and
WHEREAS, in July 2003, GFOA presented its Analysis and Recommendations of the Operational Review of the Budget Function; and
WHEREAS, one of the recommendations included in GFOA’s report was that City Council should adopt the Budget Calendar to express its commitment to the smooth and orderly development process; and
WHEREAS, on October 15, 2003, City Council adopted resolution #36173 directing the City Budget Office (formerly Financial Planning Division) to annually prepare a Budget Calendar for adoption by resolution by the Council; and
WHEREAS, the Council acknowledges that the City’s budgeting process is iterative and dynamic, and while budget events and specific dates may change, the adoption of the Budget Calendar for FY 2023-24 formalizes the plan and approach envisioned by Council; and
WHEREAS, the City has received an extension from the Multnomah County Tax Supervising and Conservation Commission (TSCC) for filing the Approved Budget with TSCC, from May 15 to no later than May 22, 2023; and
NOW, THEREFORE, BE IT RESOLVED, that the City of Portland adopts the Budget Calendar for FY 2023-24, and the budget process outlined therein, as outlined in Exhibit A.
Official Record (Efiles)
Impact Statement
Purpose of Proposed Legislation and Background Information
On October 15, 2003, City Council adopted resolution #36173 directing the City Budget Office (previously the Financial Planning Division of OMF) to annually prepare a Budget Calendar for adoption by resolution by the Council.
Financial and Budgetary Impacts
There are no financial or budgetary impacts related to this legislation, it is simply a timeline roadmap for the upcoming annual budget development process where Council will make their annual budgetary decisions.
Community Impacts and Community Involvement
The budget calendar is mostly driven by legal requirements of the state and includes planned dates for public hearings and community listening sessions on the budget. The advance notice of these dates improves transparency for community and helps folks plan for the opportunities to engage with all of Council on their budget decisions.
100% Renewable Goal
Not applicable.