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Item No. 3 <br />TO: City Council <br />John Godwin, City Manager <br />FROM: Gene Anderson, Finance Director <br />SUBJECT: ORDINANCE ADOPTING THE PROPOSED 2018-19 CITY BUDGET <br />DATE: September 7, 2018 <br />BACKGROUND: The proposed 2018-19 City budget was presented to the City Council on <br />August 17, 2018. A public hearing was held on September 4th on the proposed budget. No <br />changes were proposed to the document. This budget ordinance summarizes revenues and <br />expenses for all budgeted city funds and departments. It also provides for certain transfers to be <br />made between various city funds. <br />STATUS OF ISSUE: The proposed city budget has been reviewed by the City Council and a <br />public hearing was held in accordance with city charter requirements. The proposed budget now <br />awaits the City Council's formal adoption through this ordinance. <br />BUDGET: N/A <br />RECOMMENDATION: Motion to approve the 2018-19 City Budget Ordinance. <br />