Council chiefs said they want people to ‘have their say’ on how the authority might meet cuts of £38m and additional pressures of £23m like increased costs and demand for services.
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In a message from chief executive John Mothersole, staff have been told the council cannot ‘simply look to find savings by cutting services’ and employees must instead ‘change how we operate’.
More job losses, to add to the 1,452 already gone, are likely.
The council has already made cuts of £240m over the past four years.
Changes already being considered are the council’s contract with Capita, which runs many of its financial transactions, and around health and social care integration.
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The council will not receive final details of the funding it will receive from Government until later this year.
Mr Mothersole also said: “A critical part of the budget setting process is making sure we are keeping informed the people affected by any proposed changes, and giving them the opportunity to share their views.”
Both he and Coun Ben Curran will speak at the meeting next Tuesday from 6pm to 7.30pm.
Coun Curran said: “It is no secret we are facing considerable financial challenges due to cuts from central Government, and these are set to increase further in the coming years.
“By next year the main grant we receive will have been slashed by 50 per cent since 2010.
“In order to meet these massive reductions in our funding, we have already had to make some difficult decisions and, as the cuts get deeper, the decisions become harder every year.
“It is vital we consult the people of Sheffield from the very start, to find out what is important to them and where they think cuts should be made.”
Book a place for the meeting on 0114 273 5417.