Legislation Details

File #: ID#26-210    Version: 1 Name:
Type: Work Session Item Status: Individual Consideration
File created: 4/8/2026 In control: City Council
On agenda: 5/19/2026 Final action:
Title: Receive a Staff presentation and hold discussion regarding the preliminary Fiscal Year 2026-2027 budget and related budgetary considerations and provide direction to the City Manager.
Attachments: 1. FY 2027 Budget Workshop Presentation, 2. Supplemental Requests Not Approved, 3. Tax Increment Financing Zones, 4. Chapter 380 Agreements

AGENDA CAPTION:

Title

Receive a Staff presentation and hold discussion regarding the preliminary Fiscal Year 2026-2027 budget and related budgetary considerations and provide direction to the City Manager.

Body

Meeting date:  May 19, 2026

 

Department:  Finance

 

Amount & Source of Funding
Funds Required:  N/A

Account Number:  N/A

Funds Available:  N/A

Account Name:  N/A

 

Fiscal Note:
Prior Council Action: City Council approved the Budget Policy on March 31, 2026, which provided guidelines for staff to follow in developing the FY 2027 Budget.

City Council Strategic Initiative:  [Please select from the dropdown menu below]

Public Safety, Core Services & Fiscal Excellence

Choose an item.

Choose an item.

 

Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
☐ Economic Development - Choose an item.
☐ Environment & Resource Protection - Choose an item.
☐ Land Use - Choose an item.
☐ Neighborhoods & Housing - Choose an item.
☐ Parks, Public Spaces & Facilities - Choose an item.
☐ Transportation - Choose an item.

☐ Core Services

☐ Not Applicable

Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
Choose an item.


Background Information:

City Council adopted the Budget Policy on March 31, 2026, which provided staff with guidelines to follow in developing the FY 2027 Budget.  This budget workshop will provide an update on how the FY 2027 Budget is coming together.  The presentation will include information on:

Economic development

Economic indicators

General Fund major revenues and forecast update

Community Benefit Charge update

Destination Services update

The FY 2027 Budget will continue to be refined as more information and guidance is received and we move closer to August 18th when the budget is submitted to City Council.

 

Council Committee, Board/Commission Action:
 Budget Policy approval on March 31, 2026.

Alternatives:

N/A


Recommendation: 

City Council receive the presentation regarding the preliminary Fiscal Year 2026-2027 budget and provide direction to staff.