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Item No. 9 <br />TO: Mayor & City Council <br />Grayson Path, City Manager <br />FROM: Gene Anderson, Finance Director <br />SUBJECT: ORDINANCE ADOPTING THE PROPOSED 2020-21 CITY BUDGET <br />DATE: September 14, 2020 <br />BACKGROUND: The proposed 2020-21 City budget was filed with the City Clerk on August <br />10, and presented to the City Council on August 10. City Council discussed the budget on <br />August 10, August 17 and August 24, and no changes were proposed to the budget. This budget <br />ordinance summarizes revenues and expenses for all budged city funds and departments. It also <br />provides for certain transfers to be 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 2020-21 City Budget Ordinance. <br />