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HomeMy WebLinkAboutItem 10 Approval of Correction on Workshop Date for FY 2024-2025 Budget Process City of Ocoee ▪ 1 N. Bluford Avenue ▪ Ocoee, Florida 34761 Phone: (407) 905-3100 ▪ www.ocoee.org STAFF REPORT Meeting Date: August 6, 2024 Item #: 10 Contact Name: Rebecca Roberts Department Director: Rebecca Roberts Contact Number: Ext. 1520 City Manager: Robert Frank Subject: Approval of Correction on Workshop Date for FY 2024/2025 Budget Process. (Finance Director Roberts) Background Summary: Workshops are held during August for staff and the commission to discuss the proposed budget for the upcoming fiscal year. Public hearings are required by the TRIM Act in September, serving as a mechanism to notify the citizens of the proposed budget and allow the opportunity for their comments. At the meeting of July 16, 2024, the Commission approved the workshop and hearing dates for the FY2024/2025 budget process. However, due to a typographical error, the first workshop was incorrectly listed as August 8, 2024. The correct date is August 12, 2024, at 6:00 p.m. Issue: The TRIM Act has specific time frames for scheduling and holding the required hearings. The hearing dates cannot conflict with Orange County (9/05 and 9/19) or Orange County School Board (9/10) hearing dates. Recommendations: Potential dates for the budget workshops and hearings are restrictive due to the timing of the holiday and vacation schedules. Staff recommends the Honorable Mayor and City Commissioners approve the following dates for the August budget workshops: August 12th and 28th Attachments: None Financial Impacts: Decisions resulting from the workshops and hearings will establish the operating budget for fiscal year 2024/2025. Type of Item: Consent