MEDIA RELEASE

Mayor William J. Holtzinger

CONTACT: Susan S. Harding, Acting Public Information Officer, 301-600-1385

FOR IMMEDIATE RELEASE: Tuesday, March 20, 2007

THE CITY OF FREDERICK

REVISED FY 2008 BUDGET SCHEDULE

________________________________________________________________________

Frederick, MD ----. Mayor William J. Holtzinger will present the FY08 draft budget to the Board of Aldermen at the March 21^st 3:00 PM Mayor and Board of Aldermen Workshop. Please note the revised schedule of FY08 Budget topics.

The Mayor and Board of Aldermen Workshops will be held on the following Wednesdays at 3:00PM unless otherwise noted. The timeline and subject matter below is subject to change.

Proposed FY08 Budget Workshop Timeline

Mayor’s Published Proposed Budget Summary and Detail March 21

Distributed to Board of Aldermen, Public

Mayor Presents Overview of Gen. Fund, CIP March 21

Wednesday

3:00 PM

Presentation by Directors, Public Comment, Mayor and Aldermen discussions will occur at the following Workshops:

DPW Operations, Engineering, Building, Planning, Code, March 28

Housing, Parks, Recreation, Special Events Wednesday

3:00 PM

Police, Community Action Agency, Airport. Economic April 4

Development, Weinberg Center Wednesday

3:00 PM

Mayor, Legal, Finance, Facilities April 11

Wednesday

3:00 PM

Night Workshop (7:00 pm) Gen. Discussion/Public Hearing April 18

Final Recommendations Wednesday

7:00 PM

Night Workshop (7:00 pm) Gen. Discussion/Public Hearing April 25

Final Recommendations Wednesday

7:00 PM

Review of Final Draft May 9

Wednesday

3:00 PM

The Board of Aldermen are scheduled to set the Tax Rate and adopt the FY08 Budget at the Thursday, May 17, 2007 Mayor and Board of Aldermen Public Meeting at 7:00 PM in the Boardroom of City Hall. There will be an opportunity for public comment.

Copies of a summary of the Mayor’s proposed budget will be available March 21^st at the reception desk at City Hall and on the Finance Department page of the City’s web site at www.cityoffrederick.com. Requests to have the summary mailed can be made by calling 301.600.1380. The complete proposed budget will be available for review at the reception desk at City Hall.

Public comment on the proposed budget is encouraged during the Mayor and Board of Aldermen Workshops. The Workshop meetings will be held in the Boardroom of City Hall and will be televised live on Channel 99 as well as rebroadcasted for several days following each meeting.

--30--

www.cityoffrederick.com