Title
Adoption of Resolution Approving and Adopting the City of Alameda Operating and Capital Budget Mid-Cycle Update for Fiscal Year 2020-21;
Adoption of Resolution Approving Workforce Changes and Amending the Management and Confidential Employees Association Salary Schedule Effective July 1, 2020; and
Recommendation to Accept Report on Settlements Approved Between November 1, 2019 and May 1, 2020. (Finance 2410)
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
Following the City Council's direction at the May Budget Workshop, staff is recommending a balanced Mid-Cycle Update to the Fiscal Year (FY) 2020-21 budget. Because the full impacts of the COVID-19 pandemic are unknown at this time, the City Manager is recommending a flexible approach to the upcoming budget year. In order to ensure the City of Alameda's (City) budget accurately reflects economic conditions, staff anticipates returning to the City Council in October 2020. At that time, staff will be able to provide information on the FY 2019-20 year-end close as well as the results from the first quarter of FY 2020-21. This update will include an update on program revenues and expenditures for the remainder of FY 2020-21. This update will also include recommended actions needed to ensure a balanced budget for the remainder of FY 2020-21.
Additionally and related, this report includes a discussion of recommended workforce and salary changes, and settlements approved between November 2019 and May 2020.
BACKGROUND
The City Council adopted the Biennial Budget for FYs 2019-20 and 2020-21 on June 18, 2019. After the first year of the budget cycle, staff has typically brought to the City Council for approval an update to the second budget year (Mid-Cycle Update). As part of the Mid-Cycle Update, the City Council held a Budget Workshop on May 20, 2020 during which departmental requests and cost-saving adjustments previously not included in the Biennial Budget were discussed and di...
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