DATE: June 28, 2016
TO: Mayor and City Council
Redevelopment Successor Agency Board of Directors
Housing Authority Board of Directors
FROM: Interim Director of Finance
SUBJECT
Title
Approval of the FY 2017 Operating Budget and Appropriations for FY 2017; Approval of the FY 2017 Capital Improvement Program Budget and Appropriations for FY 2017; Approval of the Hayward Redevelopment Successor Agency Budget; Approval of the Hayward Housing Authority Budget
End
RECOMMENDATION
Recommendation
That City Council, Successor Redevelopment Agency Board of Directors, and the Housing Authority Board of Directors approve the FY 2017 Operating and Capital Improvement Program Budgets and appropriations for FY 2017 as presented and recommended by the City Manager; and adopt their respective attached resolutions:
1. Approving and Appropriating the FY 2017 Operating Budget;
2. Approving and Appropriating the FY 2017 Community Agency Budget;
3. Approving and Appropriating the FY 2017 Redevelopment Successor Agency Budget;
4. Approving and Appropriating the FY 2017 Housing Authority Budget; and
5. Approving and Appropriating the FY 2017 Capital Improvement Program (CIP) Budget.
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BACKGROUND
The Council has been actively engaged in the FY 2017 budget process over the previous months. On April 5, 2016, the Council held a work session on Community Agency funding and Community Development Block Grant (CDBG), Social Services and Arts/Music funding; and subsequently on April 19, 2016, adopted the CDBG funding allocations, as required by the U.S. Department of Housing and Urban Development (HUD).
On May 3, 2016, the City Manager presented the Proposed FY 2017 Operating Budget to City Council. Since then, Council has held three budget work sessions (May 21, May 24, and June 14) to further discuss the proposed budget. These work sessions included departmental presentations, Council discussions, and opportunities for pu...
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