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8. EDSR 07-15-2013 Elk REQUEST FOR ACTION River To ITEM NUMBER Economic Development Authority 8. AGENDA SECTION MEETING DATE PREPARED BY July 15, 2013 Brian Beeman,Director of Economic Development ITEM DESCRIPTION REVIEWED By Establish 2014 EDA Budget Workshop date Jeremy Barnhart, Deputy Director, Community Operations and Development Director REVIEWED BY ACTION REQUESTED Set'date for 2014 EDA Budget Workshop to discuss 2014-15 EDA Budget BACKGROUND/DISCUSSION Due to the recent transition of city staff and incoming Executive Director, Brian Beeman, staff felt the need to hold a budget workshop to gain a better understanding of the EDA's goals, desires and comfort level for budget items before the EDA takes official action on the budget in August. Staff anticipates the EDA reviewing the budget on August 19 to approve the 2014 budget in order to meet the September 3, 2013 budget deadline. Staff would like the EDA to have time to review the proposed 2014 budget before its adoption in August. Staff recommends the Budget Workshop take place July 22 or July 29 at 5:30 p.m. in order to give staff time to make any necessary changes before the EDA adopts the budget August 19. I ipeififi it t NATURE