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Committee Approves Early Implementation of Two-Year Budgeting for Port, Airport and PUC
Summary
The committee recommended an ordinance to designate the Port, Airport and Public Utilities Commission to begin a two-year budgeting process and five-year financial planning in FY 2010–11; the controller's office said the enterprises have capacity to implement multi-year budgets and training has been provided.
The Budget & Finance Committee on Jan. 13 voted to move an ordinance forward that would require early implementation of a two-year budget and a five-year financial plan for three enterprise departments — the Port, the Airport and the Public Utilities Commission — starting in fiscal year 2010–11.
Monique Samuda of the Controller's Office told the…
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