The FY 2023-25 Budget Process started on September 27, 2022, with the presentation of the City’s Budget Calendar to City Council and consists of the preparation and adoption of the City’s Operating Budget, Capital Improvement Program (CIP) Budget, User Fees, and GANN Appropriations Limit calculation.
Per the City’s Municipal Code, the City is required to “prepare and submit the annual budget to the City Council and be responsible for its administration after adoption.” City staff will present the FY 2023-24 and FY 2024-25 Proposed Operating and CIP Budgets to City Council for review and adoption on June 13, 2023.
Listed below are the various highlights of the FY 2023-25 Budget Process with links to applicable Staff Reports and PowerPoint presentations. Information will be updated as it becomes available.
|September 27, 2022||FY 2023-24 & 2024-25 Budget Calendar & Financial Update|
|February 21, 2023||User Fees Study Session||Presentation|
|March 2023||Citywide Goals & Top Ten Priorities Study Session|
|City Council Capital Facilities Committee Meeting|
|April 10, 2023||Planning Commission - Review to ensure consistency of CIP projects for FY 2023-24 & FY 2024-25 with the Thousand Oaks General Plan||Report|
|April 11, 2023||
Capital Improvement Program (CIP) Budget Study Session Staff Report
Proposed CIP Budget Book
|April 25, 2023||
User Fees Public Hearing Staff Report
Proposed User Fee Budget Book
|May 9, 2023||
Operating Budget Study Session Staff Report
Proposed Operating Budget Book
City Council Finance/Audit Committee Meeting
City Council Capital Facilities Committee Meeting
|June 13, 2023
||Operating Budget and CIP Budget Public Hearing
|June 27, 2023||GANN Limit to City Council|
|July 1, 2023||Start of FY 2023-24|