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HomeMy WebLinkAboutBudget Enhancements/Amendments Memo Oily f o Oshkosh TO: Honorable Mayor &Members of the Common Council FROM: Russ Van Gompel, Finance Director DATE: October 30, 2020 RE: Budget Enhancements /Amendments BACKGROUND Attached is a schedule which includes two tables. The first table includes Budget Enhancements which, if considered, would have an impact on the tax levy. The second table includes budget amendments which would not impact the tax levy. Both tables have identified enhancements that were presented as part of the budget. To date there has not been any formal action to amend the budget. The table which includes the Amendments Impacting the Levy has a block which illustrates the impact for each enhancement individually, and a block which shows the cumulative impact. Please contact me if you have any additional questions. RECOMMENDATION Staff recommends that Council consider the attached Budget Enhancement options at the time they adopt the 2021 budget at the November 10, 2020 Council meeting. If Council has any other questions or items which should be included or removed from the final 2021 Budget, they may make those requests at the budget work session immediately following the November 4 Public Hearing, or may submit any additional proposed amendments by 4:30 PM on November 51h On November b, Staff will revise the amendment list and prepare and distribute the resolutions adopting the 2021 Operating Budget and Adopting the Tax Levy for the November 10, 2020 City Council meeting. Approved, Mark A.Rohloff City Manager