DATE: May 5, 2017
TO: Board of Mayor and Aldermen
FROM: Eric Stuckey, City Administrator
Kristine Tallent, Assistant City Administrator / Chief Financial Officer
Michael Walters Young, Budget & Analytics Manager
SUBJECT:
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Presentation of the Proposed FY 2017-2018 Annual Operating & Capital Budget
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Purpose
The purpose of this memo is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning the Proposed FY 2017-2018 Annual Operating & Capital Budget.
Background
The City Administrator is required to present a budget proposal to the Board of Mayor & Aldermen for the new fiscal in time for the Board to consider the proposal and enact the budget prior to July 1 of the new budget year.
A formal PowerPoint presentation will be presented at the meeting. Board members will have paper copies in their boxes prior to the meeting.
Financial Impact
This is a Presentation only.
Recommendation
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Staff has no recommendation. This is a presentation only.