Lancaster
City Council
Agenda Item 1
PUBLIC HEARING\nPH 1. Proposed Fiscal Year 2024-2025 Budgets and Five-Year Capital Improvement Program.\nRecommendation:\nCity Council and City Council acting as Lancaster Housing Authority, Lancaster Choice\nEnergy and Lancaster Power Authority conduct the public hearing and direct staff to schedule\nthe Proposed Fiscal Year 2024-2025 Budget and Five-Year Capital Improvement Plan (CIP)\nadoption for June 25, 2024.\nBy July 1 of each year, the City is required to adopt a budget, which establishes\nappropriations and estimates revenue for the coming fiscal year. The proposed budget is a\nculmination of many months of work by the City Council and staff in reviewing priorities and\nevaluating programs, with a focus on maintaining responsive and relevant services for\nresidents.