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HomeMy WebLinkAbout27. Budget Timeline and Calendar 2016 BUDGET TIMELINE DATE ACTIVITY June Timeline to Council (Budget Preparation Calendar) Workshop on Health Insurance July First Council Workshop 1. Parameters- Personnel costs—Total Costs Pay for Performance/ PFP Benefits Departments work on line item budgets Personnel to Estimate Wages August Second Council Workshop 1. 2014 Year-End Final Report 2. Sample Model For 3 years history, 2-3 yr. projections— Changeable 3. Show 5 yr. Historical— Oshkosh/Compare Spending to Other Communities 4. Capacity to Increase Taxes 5. Debt Capacity 6. Special Assessments Fund 7. TIF Positions 8. Analysis of Contracted Services/ Options to combine services 2014 Audit Report/ 2015 6-month Financials/Budget Kick-Off/ Preliminary Budget Assumptions to Council Departments work on line item budgets Finance Compiles Prelim Draft September Third Council Workshop—CIP Review of Preliminary Budgets— Internal Meetings (Department Heads/City Manager/Finance Director) Establish Performance Measures for 2016 Receive Final Information from State a. Assessed Value b. Benefits, WRS Rates, Life Rates c. Revenues d. Aids 1. Shared Revenue 2. Expenditure Restraint 3. General Transportation Aid/GTA 4. Transit/Connecting Highway Aids 5. Computer Aids 6. Recycling 7. Payment Municipal Services Budget Refinement/ Revisions Revenues Estimated October Preliminary Budget Delivered to Council Fourth and Fifth Budget Workshops to Discuss Departmental Budgets in Detail & CIP Public Informational Meeting November Sixth Council Workshop for Final Considerations Budget Hearing Approval of 2016 Budget and 2016-2020 CIP City of Oshkosh 2016 Budget Preparation Calendar JANUARY Items To Be Completed in 2015 JULY S M T W T F S June S M T W T F S 1 2 3 16-30 Internal Meetings on 2016-2020 CIP 1 2 3 4 4 5 6 7 8 9 10 5 6 7 8 9 10 11 11 12 13 14 15 16 17 12 13 14 15 16 17 18 18 19 20 21 22 23 24 J 19 20 21 22 23 24 25 25 26 27 28 29 30 31 22 Council Workshop#1-2016 Budget Kick-Off 26 27 28 29 30 31 13-21 City Manager to establish preliminary budget assumptions- FEBRUARY Estimate Personnel Costs(2015 Estimates/2016 Projections) AUGUST 22 Budgets emailed to Departments S M T W T F S 23-31 Departments working on Preliminary Budget S M T W T F S 1 2 3 4 5 6 7 23-31 Departments to Establish Performance Measures for 2016 1 8 9 10 11 12 13 14 2 3 4 5 6 7 8 15 16 17 18 19 20 21 9 10 11 12 13 14 15 22 23 24 25 26 27 28 August 16 17 18 19 20 21 22 1 -14 Depts Work on 2016 Budgets-e mail Excel files to Finance 23 24 25 26 27 28 29 26 Council Workshop#2-2014 Audit Report/2015 6-Month 30 31 MARCH Financials/2016 Early Projections/Direction on Priorities SEPTEMBER from Council S M T W T F S 17-31 Finance Compiles Preliminary Budget document/ S M T W T F S 1 2 3 4 5 6 7 Council binders 1 2 3 4 5 8 9 10 11 12 13 14 6 7 8 9 10 11 12 15 16 17 18 19 20 21 13 14 15 16 17 18 19 22 23 24 25 26 27 28 September 20 21 22 23 24 25 26 29 30 31 TBD CIP Review with Plan Commission 27 28 29 30 8 -21 Review of Preliminary Budgets-Internal Meetings- APRIL Department Heads/City Manager/Finance Director OCTOBER 15- Local Revenues Estimated S M T W T F S 16- Council Workshop#3-CIP S M T W T F S 1 2 3 4 22-30 Budget Refinement/Revisions 1 2 3 5 6 7 8 9 10 11 4 5 6 7 8 9 10 12 13 14 15 16 17 18 October 11 12 13 14 15 16 17 19 20 21 22 23 24 25 1 Finance Provides Draft of Preliminary Budget to City Manager 18 19 20 21 22 23 24 26 27 28 29 30 1 -9 Receive State Revenue Information/Finalize Draft 25 26 27 28 29 30 31 13 Preliminary Budget Delivered To Council 20 Council Workshop#4 -Budget Review MAY 21 Council Workshop#5 -Budget&CIP Review NOVEMBER 26 Public Informational Meeting S M T W T F S 31 Budget Publication in the newspaper S M T W T F S 1 2 1 2 3 4 5 6 7 3 4 5 6 7 8 9 8 9 10 11 12 13 14 10 11 12 13 14 15 16 November 15 16 17 18 19 20 21 17 18 19 20 21 22 23 4 Council Workshop#6-Budget Changes 22 23 24 25 26 27 28 24 25 26 27 28 29 30 10 Budget Hearing 29 30 31 24 Approval of 2016 Budget and 2016-2020 CIP JUNE DECEMBER S M T W T F S S M T W T F S 1 2 3 4 5 6 *Above dates for budget activities are tentative at this time. Any 1 2 3 4 5 7 8 9 10 11 12 13 substantial variations will be identified as soon as they are known. 6 7 8 9 10 11 12 14 15 16 17 18 19 20 13 14 15 16 17 18 19 21 22 23 24 25 26 27 20 21 22 23 24 25 26 28 29 30 27 28 29 30 31