News Home
The original item was published from 5/5/2020 11:36:08 AM to 5/13/2020 7:00:06 PM.

News

City News - Homepage

Posted on: May 5, 2020

[ARCHIVED] Proposed FY21 Budget Balances Fiscal Health and Service Delivery

Eugene City Manager Pro Tem, Sarah Medary, will present the FY21 Proposed Budget for the City of Eugene to the Eugene Budget Committee on Wednesday, May 13, 2020 at 5:30 pm.


Due to the Stay Home, Save Lives Executive Order to combat the spread of COVID-19, this meeting will be held remotely using virtual meeting technology. Information on how to access this meeting is available on the City’s website.


At this year’s budget presentation, the City Manager Pro Tem will introduce several amendments or changes to the FY21 Proposed Budget, as the proposed budget was prepared well before the current COVID-19 public health emergency. Finance staff will provide an update on the City’s financial condition and share emerging data on the potential financial impacts of this emergency. 


“The pandemic made everyone’s first job to ‘flatten the curve’ to save lives and maintain capacity in the medical system,” said Medary. “It appears that staying home is saving lives and it is also having a profound impact on revenues for most businesses and governments across the world. While I feel good about our financial stability entering this challenging time, the uncertainty of the future is something we need to adapt to quickly.”


The proposed budget continues to build on the City’s on-going effort to balance the City’s fiscal health and stability with meeting critical service delivery needs. In addition to presenting a balanced budget, the document summarizes the City’s approach to sustainably fund City Council goals, City operations and emerging community issues while also maintaining a reasonable and responsible reserve for unforeseen circumstances.


About the Budget Committee

The Budget Committee is a standing committee that reviews the proposed operating and capital budget each fiscal year and makes a recommendation on the budget to the City Council for final enactment. The Committee is composed of an equal number of City Council members (8) and appointed citizen members (8). The Committee will meet virtually on the following dates:


  • Wednesday, May 13, 2020 at 5:30 p.m.
  • Wednesday, May 20, 2020 at 5:30 p.m.
  • Wednesday, May 27, 2020 at 5:30 p.m.

Public comment will be taken at the May 20 and May 27 meetings. Information on how to view the meetings and provide public comment will be provided closer to the first meeting date.

Facebook Twitter Email