 BUDGET PROCESS |
The City of North Mankato began their 2008 Budget process on June 22 with the distribution of budget worksheets to all department heads. From June 22 through August 3 the Finance Director received budget requests and compiled the data for presentation to the City Council at a budget workshop on August 6. After the August workshop, the Finance Director and City Administrator began preparing a proposed budget that addresses the City's anticipated needs for 2008. This proposed budget was presented to the City Council at a budget workshop on September 4.
Based on the proposal and after another workshop, the City Council set a preliminary levy at their September 4 Council meeting. By state statute, the City must certify a preliminary levy to the County Auditor by September 15. Upon certification, this becomes the maximum amount that the City can levy for 2008. The levy can be reduced, but not increased, through the remainder of the budget process. Following certification, additional workshops were held. A workshop was held on October 1 and October 15.
A Budget hearing was held at the December 3 Council meeting where the budget will be presented. At this meeting, interested parties addressed the budget. The budget was adopted at the December 17, 2007 Council meeting. The final levy was certified to the County Auditor. All of the budget meetings and workshops are open to the public.
