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
Recom...
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