Informational CCR 2022-23 (3of6 Attachment A) - Tentative Adoption.pdf

ATTACHMENT A 
 
 
 
Adoption of the Annual Tentative 2022-2023 Budget Ordinances 
 
This report provides backup information to items on the June 1, 2022 Council Formal 
agenda regarding adoption of the Tentative 2022-2023 Budget ordinances.  These are 
the annual steps required by City Charter and State Law. 
 
State law requires adoption of the annual Tentative Budget ordinances, followed by two 
consecutive weeks of publication of the adopted Tentative Budget in the legally 
prescribed format.  Detailed budget schedules prepared on forms provided by the State 
Auditor General’s Office and Truth in Taxation notice in accordance with state law are 
attached to this report.  
 
Adoption of the Tentative 2022-2023 budget ordinances requires the following:   
 
1. Holding a public hearing 
 
2. Adoption of the Tentative 2022-2023 Budget ordinance. This ordinance adopts the 
portion of the Tentative Budget financed from operating resources. It represents the 
2022-2023 Budget approved by the City Council on May 17. 
 
3. Adoption of the Tentative 2022-2023 Capital Funds Budget ordinance. This 
ordinance adopts the portion of the Tentative Budget financed from capital funds and 
is included in the first fiscal year of the 2022-2027 Capital Improvement Program. 
 
4. Adoption of the Tentative 2022-2023 Reappropriated Funds Budget ordinance. This 
budget ordinance is required to rebudget funds that were contractually committed in 
the prior fiscal year but not yet fully expended. Since budget appropriations expire 
on June 30 of each fiscal year, this ordinance re-establishes the appropriations for 
payment of vendors as goods and services are received. 
 
For example, on September 8, 2021, the City Council awarded a contract to Combs 
Construction Company, Inc. to provide design-bid-build services in support of the 
Pinnacle Peak Road:  45th Avenue to 35th Avenue Paving and Storm Drain 
Improvements (REBID) project. The amount of the contract was $9,858,936, which 
was encumbered, or committed using the 2021-2022 Street Transportation Capital 
funds budget appropriation. However, to-date payments on this contract have not yet 
occurred and will extend into fiscal year 2022-2023. The contract amount is included 
in the Reappropriated Funds ordinance to ensure the spending authority is in place 
for future payments made on this contract during the 2022-2023 fiscal year. 
 
REMAINING STEPS 
Following this action, the Tentative 2022-2023 Budget information will be advertised for 
two consecutive weeks in accordance with state law.  
 
State law also requires adoption of the Final 2022-2023 Budget ordinances following the 
two weeks of advertised publications of the adopted Tentative Budget.  The City Charter

requires Council adopt the budget on or before the last day of June each year. As a 
result, adoption of the Final 2022-2023 Budget is scheduled for the June 15, 2022 
Council Formal meeting.  The June 15, 2022 actions will include the Final 2022-2023 
Budget ordinance, the Final 2022-2023 Capital Funds Budget ordinance, and the Final 
2022-2023 Reappropriated Funds Budget ordinance.  Both state law and the City 
Charter require holding public hearings prior to adoption of the Budget ordinances. 
 
Also on the June 15, 2022 agenda there will be several items necessary to close out the 
current fiscal year and prepare for the annual independent audit.  A separate City 
Council Report will be provided explaining these funding plan close-out items for the 
June 15, 2022 agenda. 
 
The 2022-2023 Property Tax Levy will be brought forward for adoption on July 1, 2022, 
as state law requires this to occur at least 14 days after adoption of the Final Budget.  
The City Charter requires adoption of the Property Tax Levy no later than the last 
regularly scheduled meeting in July.  Based on the May 17, 2022 City Council action, 
the levy will reflect a total property tax rate of $2.1130 per $100 of assessed valuation.