Last week we began our Budget Transparency Series where we began peeling back the budget, line by line. We examined the amended budget for 2014-2015.
The amended budget for fiscal year July 1 2014 - June 30 2015 was voted on at the last council meeting and passed unanimously. Each June, the finance committee meets with city staff and after getting requests from each department and committee, will allocate funds for the next fiscal year. This year's finance committee is comprised of John Muller, Lisa Kelly and Roger Peterman.
The following June when a new budget is being drawn, the previous year's budget is amended to reflect the actual revenues, expenditures and surpluses available.
There was a point of contention among council regarding the proposed budget in an exchange between Councilman Adam Meier and Roger Peterman that may lead to a battle on what the city does with property taxes in September.