Adopt the Budget Calendar for FY 2022-23

WHEREAS, on October 30, 2002, City Council approved ordinance #176988, authorizing a contract with the Government Finance Officers Association (GFOA) for an assessment of the City’s budget systems and processes; and WHEREAS, in July 2003, GFOA presented its Analysis and Recommendations of the Operational Review of the Budget Function; and WHEREAS, one of the recommendations included in GFOA’s report was that City Council should adopt the Budget Calendar to express its commitment to the smooth and orderly development process; and WHEREAS, on October 15, 2003, City Council adopted resolution #36173 directing the City Budget Office (formerly Financial Planning Division) to annually prepare a Budget Calendar for adoption by resolution by the Council; and WHEREAS, the Council acknowledges that the City’s budgeting process is iterative and dynamic, and while budget events and specific dates may change, the adoption of the Budget Calendar for FY 2022-23 formalizes the plan and approach envisioned by Council; and WHEREAS, the City has received an extension from the Multnomah County Tax Supervising and Conservation Commission (TSCC) for filing the Approved Budget with TSCC, from May 15 to no later than May 18, 2022; and NOW, THEREFORE, BE IT RESOLVED, that the City of Portland adopts the Budget Calendar for FY 2022-23, and the budget process outlined therein, as outlined in Exhibit A.