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Home My WebLink AboutStaff Report 11250 City of Palo Alto (ID # 12250) Finance Committee Staff Report Report Type: Action Items Meeting Date: 5/4/2021 City of Palo Alto Page 1 Summary Title: FY 2021-2022 Proposed Operating and Capital Budgets Title: Review and Discuss the Fiscal Year (FY) 2021-2022 Proposed Operating and Capital Budgets From: City Manager Lead Department: Administrative Services Recommendation Staff recommends that the Finance Committee review and discuss the FY 2021-2022 Proposed Operating and Capital Budgets. Discussion Annually the City Manager issues a proposed operating and a proposed capital improvement budget and five-year capital improvement plan. These documents are expected to be released April 30, 2021. This initial agenda item with the Finance Committee is intended to review these documents via a verbal presentation with the Finance Committee in preparation for the scheduled deliberations with the Committee on May 11, 2021 and May 12, 2021.