Attachment 1 - Annual Budget-ACFR Cycle 2023-24December
January
February
May
June
July
December
Prior FY
(2021/22)
June 30, 2022 ACFR finalized and presented for Council approval.
ACFR surpluses assigned per the Council Reserve Policy as of June 30, 2022
Council deliberates Strategic Priorities and Budget direction for FY 2023/24.
Review of Five-year Forecast and assumptions.
Council determines if previously assigned surpluses should be reallocated for FY 2023/24.
Council adoption of the FY 2023/24
Operating & Capital Budgets
End of June 30, 2023 ACFR period
June 30, 2023 ACFR finalized and presented for Council approval.
ACFR surpluses assigned per the Council Reserve Policy as of June 30, 2023
ATTACHMENT 1
All Council deliberations and actions include opportunities for public input
Current FY
(2022/23)
Next FY
(2023/24)
Start of new FY 2023/24 Operating Budget year
Council considers Mid-Year Budget adjustments through 12/31/2022 for FY 2022/23 Budget.
Public hearing on FY 2023/24
Operating & Capital Budgets
Finance Commission review and comment on Proposed FY 2023/24 Operating & Capital Budgets.
April
1