The City of Foster City is beginning the process of developing its budget for Fiscal Year 2010-2011. The budget is scheduled to be adopted by the City Council at its meeting on Monday, June 21, prior to the start of the fiscal year on July 1, 2010.

As part of the budget development process, the City Council is holding a series of meetings that the public is invited and encouraged to attend. Since the Annual Budget is the tool that enables the City to provide programs and services, attending these sessions is a great place to become involved in the formation of goals for the community. The Council and City staff welcome and value input from the public on all policy issues, including the all-important City budget.

All of the meetings listed below will be held in the Council Chambers, 620 Foster City Blvd. (immediately adjacent to City Hall) and will be televised on FCTV, Comcast Channel 27 and AT&T Channel 99.

For further information about the upcoming budget sessions, please contact Management Analyst ‘Andra Lorenz at 286-3215 or alorenz@fostercity.org. Information about City programs and services can be found on the City’s website www.fostercity.org.

Upcoming Meeting Schedule

Monday, March 22 at 4 PM:  Study Session to review Capital Improvement Projects (CIP) and development of a long-term CIP Funding Plan

Monday, March 29 at 4 PM:  Study Session on Enterprise Funds, Internal Service Funds, Community Development Agency Tax Increment Projections, Water and Wastewater Rates and Special Reports

Monday, May 10 at 4 PM:  Study Session on Five-Year Financial Plan, Preliminary Annual Budget (All Funds) and Fees and Charges Schedule

Monday, June 7 at 5:30 PM:  Study Session on Presentation of Funding Requests from Non-Profit Agencies

Monday, June 7 at 6:30 PM:  Budget Public Hearing and follow-up from prior study sessions, Public Hearing and adoption of Water and Wastewater Rates, Public Hearing and adoption of Master Fee Schedule

Monday, June 21 at 6:30 PM:  Adoption of the Annual Budget

Wednesday, June 30:  Annual Budget and Five-Year Financial Plan Printed and Distributed