Complete Agenda Package - Town of Hilton Head Island

MEMORANDUM
TO:
FROM:
VIA:
Town Council
Stephen G. Riley, ICMA-CM, Town Manager
Susan M. Simmons, CPA, Director of Finance
DATE: April 24, 2013
RE: First Reading of Proposed Ordinance No. 2013-05
Recommendation:
Staff recommends Council approve first reading by title only of Proposed Ordinance No.
2013-05 establishing the fiscal year 2014 General, Capital Projects, Debt Service and
Stormwater Funds’ budgets.
Summary:
This Town formally establishes a budget for four of its funds. Also, the Town presents
information on the remaining funds as they are a primary source of funding for the funds
with formal budgets. Throughout May and June, the Town holds a series of budget
workshops in addition to the three actions it takes in Council meetings (1 st reading by title
only, revised 1 st reading, and 2 nd reading).
Background:
The attached ordinance does not include supporting documentation or include the proposed
millage. At the Council meeting, the Town Manager will provide the ordinance with
proposed millage, budgeted financial statements, and a Powerpoint presentation
highlighting the proposed budgets.
In subsequent workshops and meetings according to the meeting agenda, staff will present
details of the designated budgets or affiliated agencies will present their requests to
Council. At those meetings, Council and the public will offer comments and questions on
the budgets. Staff will make any directed changes with the goal being that the public
hearing and revised 1 st reading will be June 11, 2013 and 2 nd reading will be at Council’s
regular meeting on June 18, 2013.