File #: 22-0529    Version: 1 Name: A Resolution Adopting Fiscal Year 2023 Budgets
Type: Resolution Status: Adopted
File created: 8/29/2022 In control: City Council
On agenda: 9/6/2022 Final action: 9/6/2022
Title: A RESOLUTION ADOPTING FISCAL YEAR 2023 BUDGETS
Attachments: 1. FY 23 Cash Flow - General Fund-PB-2, 2. PB3 FY 23 Grants & Contracts for Public Purpose, 3. PB3 FY 23 Public Purpose Schedule & Statements, 4. 1. New Headcount Requests, Labor Costs, 5. 2. Growth in Employee Work Force FY23, 6. 3. Percent of Salaries to Total Budget Expenditures FY23, 7. 4. Proposed Merit Raise Policy & Job Analysis Policy FY23, 8. 5. GAP Day Policy FY23, 9. FY 23 Capital Purchases-Gen Fund-FY2023 Only, 10. FY 23 Capital Purchases-PB2-10 years, 11. FY 23 Capital Planning Doc-PB2, 12. FY 23 Cash Flow - Special Revenue Funds, 13. FY 23 -10 Yr-Impact Fee Projects, 14. FY23 Debt Service Funds - Incode Reports
Title
A RESOLUTION ADOPTING FISCAL YEAR 2023 BUDGETS

Summary
Mayor Ralph Hellmich requests that Council consider adoption of the FY 2023 Budgets.

Body

WHEREAS, the Fiscal Year 2023 (FY2023) budget for the General Fund is not a balanced budget and is slated to spend approximately $13 million of reserves to aggressively address continued above average growth with measures that will ensure quality of life in our city, while maintaining sufficient reserves to weather unforeseen challenges that may arise, and

WHEREAS, budgets for the following City of Foley governmental funds are adopted in their entirety: Fire Ad Valorem, Public Library, Recreational Activities, Gas Tax, Court Corrections, Jail Corrections, Foley Sports Tourism Event Center Operations, Foley Sports Tourism Multi-Use Fields Operations, Economic Incentives, Debt Services, and Impact Fee. The budget for the City of Foley Sanitation proprietary fund is also adopted, and

WHEREAS, budgets for funds of the following component units are included in the City's Budget Report: Public Facilities Cooperative District (PFCD), Public Athletic and Sports Facilities Cooperative District (PASFCD), and Public Cultural and Entertainment Facilities Cooperative District (PCEFCD), and

WHEREAS, the budgets are presented in summary form; however, a detailed account by account report is available by request from the Finance Director’s Office, and budgets will be presented in the Distinguished Budget Award format at a future Council meeting, and

WHEREAS, the budgets for operational costs in funds where capital projects are scheduled are adopted; however, infrastructure maintenance and capital construction projects in these funds are approved on a per project basis and do not expire until the project is complete, including projects in the General Fund related to Hurricane Sally, if any. Project schedules presented with budget documents are for informational and planning purposes only, and

WHEREAS, adoption of the...

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