Hernando County, FL Banner Image
File #: 14906   
Type: Agenda Item Status: Agenda Ready
File created: 11/1/2024 In control: Board of County Commissioners
On agenda: 12/3/2024 Final action:
Enactment date: Enactment #:
Title: Annual Budget Development Process and Budget Calendar for FY 2025-26
Attachments: 1. Budget Calendar for FY 2025-2026, 2. OMB Budget Calendar - FY 25-26 LS 14906 FINAL - Handout to Comms.

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Annual Budget Development Process and Budget Calendar for FY 2025-26

 

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BRIEF OVERVIEW

Each year, before the annual budget process begins, staff reviews the budget calendar with the Board and receives direction from the Board on various discussion items.

 

To provide an update from the FY25 process, here are a few proposed changes: 

 

                     The June 3, 2025, Workshop is planned to be a preliminary review of the Capital Improvement Programs (CIPs,) similar to the FY25 CIP workshop; however, the department line-item budgets for Non-General Fund (GF) departments will also be presented at this meeting to discuss, with any proposed changes made ahead of the July 10, 2025, budget workshop.  Any feedback on the GF CIPs will also be updated for the July 10, 2025, budget workshop, along with the certification of taxable value on July 1, 2025. 

 

                     There will be a line-item budget review for all GF departments at the July 10, 2025,  meeting, along with the standard budget workshop overview presentation. Constitutional Officers will also have the option of presenting their budget at this workshop. 

 

                     The first budget hearing is scheduled for Thursday, September 11, 2025, at 5:01 p.m., due to the school board’s 2nd public hearing being scheduled on September 9, 2025, beginning at 5:01 p.m.

 

FINANCIAL IMPACT

None.

 

LEGAL NOTE

The Board is authorized to act on this matter pursuant to Chapter 125, Florida Statutes.

 

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RECOMMENDATION

It is recommended that the Board approve the attached budget calendar for Fiscal Year 2026, allow the Office of Management & Budget (OMB) to adjust the budget calendar, as necessary, and provide direction on the annual budget development process.