SUBJECT
Public hearing to receive public input regarding the proposed operating budget for the fiscal year ending June 30, 2025.
EXECUTIVE SUMMARY
The City Charter requires a public hearing regarding the proposed city budget be held each year before the budget is adopted.
This hearing provides an opportunity for citizens to comment on the proposed budget before it is adopted.
BACKGROUND/DISCUSSION
The budget provides a financial plan for City Departments to utilize in order to deliver services to the citizens of Cape Girardeau. In addition, the budget provides for capital improvements throughout the City and services the city debt.
FINANCIAL IMPACT
SUSTAINABILITY: ECONOMIC, ENVIRONMENTAL AND SOCIAL IMPACTS
STAFF RECOMMENDATION
Staff recommends council conduct a public hearing to receive input regarding the proposed operating budget for the fiscal year ending June 30, 2024. A motion for any desired changes to the budget should be made and approved before approving the final readings of the budget ordinance at the June 17, 2024 City Council Meeting.
BOARD OR COMMISSION RECOMMENDATION
PUBLIC OUTREACH
The 2024-2025 Proposed Operating Budget is on the City's web page at cityofcape.org/finance. It is also available for review in the City Clerk's office.
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