AGENDA CAPTION:
Title
Receive a staff presentation and hold discussion regarding the Fiscal Year 2026-2027 Budget Policy for the City of San Marcos, and provide direction to the City Manager.
Body
Meeting date: February 26, 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: N/A
City Council Strategic Initiative: [Please select from the dropdown menu below]
Public Safety, Core Services & Fiscal Excellence
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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)]
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Background Information:
Section 8.02 of the City Charter requires a budget policy workshop to be held by February 27th each year. The Budget Policy provides the framework for developing the Fiscal Year 2026-2027 Budget.
The annual budget process begins in late January with Council holding a visioning session. By late February, Council holds a budget policy workshop and is required by City Charter to adopt the Budget Policy Statement by March 31st, after holding a public hearing. The Budget Policy Statement provides the guidelines and parameters the City Manager must use in the preparation of the proposed budget. Budget workshops are then held in May, June, and August to provide Council updates and request direction on the preparation of the budget. During the August budget workshop, the City Manager delivers the proposed budget to Council. Multiple public hearings are then held on the budget,...
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