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2020 BUDGET CALENDAR <br />August 5, 2019 : Council work session to review revised infrastructure <br />improvement schedule and Proposed 2020 Budget & Property Tax Levy <br />August 27, 2019 (tonight’s meeting): Presentation of Proposed 2020 <br />Budget & Property Tax Levy to the City Council <br />September 10, 2019: Public Hearing to pass resolution setting the <br />Preliminary 2020 Budget and Property Tax Levy <br />December 10, 2019: Public Hearing for Presentation of 2020 Operating <br />Budget and Levy with Public Input. Adoption of the 2020 Operating <br />Budget and Property Tax <br />2020 BUDGET PARAMETERS <br />•City revenues budgeted using current run rates for sources that are subject to <br />trends and conservative baseline estimates for re-occurring aids and charges for <br />services <br />•Expenses budgeted at amounts that will maintain present level of City services <br />•Liquor transfers are based on current operating results <br />28