Monday, March 10, 5pm, City Hall
Mayor reports on FY 2013-2014, lays out goals for 2014-2015 in State of the City address
Saturday, March 15
Mayor begins to review departmental budget requests with department heads
Saturday, March 22, 9:30 AM to 3:30 PM, Hartford Public Library, CCC
People’s Budget Hands-On Session
Purpose: for participants to identify budget priorities, prepare a balanced City Budget, and present their recommendations to Mayor and Council members
COW: Budget Introduction
Wednesday, March 26, 2014
6 to 8 PM
Council members will meet as a Committee of the Whole to hear this year’s initial presentation by the City Administration on the financial environment for developing the City’s 2014-15 budget. The presentation will cover revenue and expenditure projections and budget priorities and will be followed by the opportunity for questions, answers and discussion by Council members.
Saturday, March 29
Mayor completes review of departmental budget requests.
COW: Capital Budget, Debt Service, Pension Fund
Monday, March 31, 2014
5:30 to 7:30 PM
Council Members will meet as a Committee of the Whole to hear a second presentation by the Administration on the financial environment for development of the 2014-15 Budget. The presentation will focus on three components (see below) and will be followed by the opportunity for questions, answers, and discussion by Council members.
· Capital Budget: Ongoing projects, proposed projects, sources of financing
· Debt service: Current level, expected/upcoming bond sales and/or refinancing, considerations for increasing the level of debt service
· Pension Fund: Valuation report, investment report, Actuarial Determined Contribution (ADC) amount (formerly the ARC)
Friday, April 18
Mayor finalizes departmental funding recommendations.
Monday, April 21
Mayor submits the Mayor’s Recommended Budget to the City Council through the Town & City Clerk
Tuesday, May 13
Budget hearings for the following departments:
Thursday, May 15, 2014
Reconvening recessed Council metting of May 12th, at 12pm to begin deliberations on the Mayor's Recommended Budget for FY 14-15.
Saturday, May 31st
City Council adopts FY 2014-2015 budget