City of Alexandria, Virginia
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MEMORANDUM
DATE: NOVEMBER 15, 2022
TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL
THROUGH: JAMES F. PARAJON, CITY MANAGER /s/
FROM: MORGAN ROUTT, DIRECTOR OF MANAGEMENT AND BUDGET
DOCKET TITLE:
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Consideration of a Resolution to Update FY 2024 Budget Guidance. [ROLL-CALL VOTE]
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ISSUE: Consideration of a Resolution to Update FY 2024 Budget Guidance.
RECOMMENDATION: That City Council update the FY 2024 Budget Guidance Resolution (Attachment). This resolution will provide guidance to the City Manager to be used in the preparation of the Proposed FY 2024 Operating Budget and Proposed FY 2024 to FY 2033 Capital Improvement Program to be presented on February 28, 2023, for City Council consideration.
BACKGROUND: City Council adopted the FY 2024 Budget Guidance Resolution (Attachment) on November 9, 2022 following the City Council Retreat on November 5, 2022, at which staff presented an economic outlook and estimated budget gap for FY 2024 not including employee compensation increases beyond merit pay, supplemental funding requests from departments and other agencies, or capital project increases beyond the current funding plan. On November 12, 2022, following a discussion of project labor agreements in City Capital Improvement Program (CIP) projects, Council directed staff to revise the budget guidance resolution to include project labor agreements in the CIP. A new section (f) 6 has been added to the CIP guidance in the attached resolution.
City Council has since the FY 2007 budget process annually adopted a resolution that provides the City Manager with guidance for the preparation of the forthcoming budget and 10-year Capital Improvement Program. The proposed Budget Guidance Resolution for the FY 2024 Operating Budget and FY 2024 to FY 2033 Capital Improvement Program reflects many of the
same principles and features as...
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