Created on 06/12/2012

Agenda Item # ______

Columbus Consolidated Government
Council Meeting

June 12, 2012

Agenda Report # ______

TO: Mayor and Councilors

SUBJECT: FY13 Annual Operating and Non-Operating Budget

INITIATED BY: Finance Department

Recommendation: Approve the FY13 Operating Budget and Non-Operating Budget for the Columbus Consolidated Government for the fiscal year July 1, 2012 through June 30, 2013.

Background: The recommended budget, which was presented to Council on May 1, 2012, has been reviewed by the Council Budget Review Committee. The Council Budget Review Committee proposed adjustments to the FY13 Budget. Those items were voted on and the budget was revised to reflect adjustments passed by the Committee.

Analysis: Adjustments as currently recommended are included in the budget. The budget ordinance also includes the Cost Allocation Plan for FY13.

Financial Considerations: The Budget as proposed is balanced in all funds.

Legal Considerations: Per Section 7-401 of the Columbus Charter, the Budget adopted by ordinance (City Attorney’s Agenda), should be adopted prior to July 1, 2012 for the ensuing fiscal year. An ordinance for the adoption of the appropriate tax millage rates will follow.

Recommendations/Actions: Recommend adoption of the FY13 Annual Operating Budget and Non-Operating Budget for the Columbus Consolidated Government for the fiscal year July 1, 2012 through June 30, 2013.