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Key Council Decisions <br />• Does proposed budget reflect guiding principles? <br />• Are revenue and expenditure estimates <br />reasonable? <br />• Does proposed budget reflect prudence (not <br />overly cautious nor overly optimistic) given <br />current economic uncertainty? <br />• Do capital projects preserve assets and focus on <br />areas of greatest need? <br />• Can we maintain service levels over the long run? <br />23 <br />Budget Calendar — Key Dates <br />October 5 City Council Meeting <br />Presentation of City Manager's Proposed Budget <br />Set Public Hearing Date <br />October 12 Special City Council Meeting <br />Discussion /Q & A and identify revisions Council wants to see on <br />Proposed Budget <br />October 19 City Council Meeting <br />Conduct Public Hearing and identify any further revisions <br />November 1 City Council Meeting <br />Resolution adopting the budget <br />Resolution appropriating funds <br />Resolution levying taxes <br />14 <br />12 <br />