Title
City of Hudson 2018-2022 Five-Year Plan Review and 2018 Budget
Executive Summary: This is the second of four scheduled meetings to review the City’s 2018-2022 Five-Year Plan and 2018 budget. This meeting will focus primarily on the Road Program and Public Works Areas including Street Maintenance, Fleet, Water, Electric and Storm Water.
Body
Legislative History
On an annual basis, the City adopts a Five-Year Plan “in concept”. The annual budget is adopted via the appropriations ordinance which passed prior to year-end.
Purpose & Explanation
The purpose of the discussion is to review the City’s Five-Year Plan. The first year of the Plan is the basis for the annual budget.
The key sections that will be discussed are:
1. Road program annual funding
2. Street Maintenance (Service)
3. Fleet
4. Water
5. Electric
6. Storm Water
Timing Considerations
This is the second of four scheduled Five-Year Plan workshops.
Fiscal Impact
Currently Budgeted
Supplemental Appropriation Required
X Appropriation Not Required.
Recommendation
Suggested Action
Staff recommends Council review the plan assumptions and discuss any changes.
Submitted by,
Jane Howington, City Manager
Jeff Knoblauch, Assistant City Manager - Finance
Brian Griffith, Assistant Finance Director