Item No. 14.
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: OFFICE OF THE CITY MANAGER
BY: MARLON RAMIREZ, INTERIM ASSISTANT FINANCE DIRECTOR
DATE: JANUARY 27, 2026
SUBJECT: APPROVAL OF THE FISCAL YEAR 2026-2027 BUDGET CALENDAR
EXECUTIVE SUMMARY
The City Council will review and approve the Budget Calendar for the Fiscal Year 2026-2027 Budget process, which covers the fiscal year beginning July 1, 2026, and ends on June 30, 2027.
RECOMMENDATION
That the City Council:
Approve the Budget Calendar for the Fiscal Year 2026-2027 Budget.
BACKGROUND
Each year, a budget calendar is presented to the Downey City Council to establish various deadlines to ensure the budget process is completed in a timely and transparent manner. Pursuant to the Downey Municipal Code, the annual budget must be adopted before June 30th of each fiscal year.
ANALYSIS
Attached to this report is the budget calendar for Fiscal Year 2026-2027 (Attachment A). Tentatively scheduled as part of the budget calendar are a few key dates that encompass the items involving the City Council, including:
• The Annual City Council Goal Setting Workshop - Tuesday, February 17, 2026 • The City Council Budget Subcommittee budget review - Monday, May 18, 2026 • The City Council Budget Workshop - Monday, June 1, 2026 • Public Hearing and Budget Approval - Tuesday, June 23, 2026, where the City Council will adopt the Fiscal Year 2026-2027 Budget
CITY COUNCIL PRIORITIES
Fiscal Responsibility
Efficiency and Adaptability
Public Engagement
FISCAL IMPACT
None
Attachments
Fiscal Year 2026-2027 Budget Calendar
Departments Begin Review of New User Fee Schedule
ADMIN/FINANCE
DEPTS.
1/2026
Department Goals Due to the City Manager
DEPTS./ADMIN.
1/22/2026
Begin Budget Presentation and Budget Book Design
ADMIN.
1/12/2026
Update Budget Coordinator List
FINANCE
1/23/2026
Annual City Council Goal and Priority Setting Workshop
ADMIN
2/17/2026
Review of City Council Budget Goals with Department Heads and Incorporate into Budget
ADMIN.
2/18/2026
Begin Transmittal letter
FINANCE
2/18/2026
1st Estimate of Budget Revenues Entered
I
FINANCE
2/23/2026
Employee list with charge points/cost allocation, Equipmen Rental Rates,
City Hall Rent and Liability Insurance Rates Released to f(Z
Department -
FINANCE
2/23/2026
Update Budget Workshop Presentation from Last Year
FINANCE
2/27/2026
Citywide Operating and Capital budget modules setup
FINANCE
3/2/2026
Budget Training and Budget Materials/Documents Provided to Departments
FINANCE
3/2-3/6/2026
Proposed Position Requests submitted
DEPTS.
3/9/2026
Proposed Budget Expenditures Inputted in Budget System
DEPTS.
3/16/2026
Capital Projects and Equipment Request Submitted
DEPTS.
3/16/2026
Preliminary Review of Budget Requests and Expenditure
Entries
FINANCE
3/16/26-3/20/26
Preliminary Budget to City Manager
FINANCE
3/23/2026
Departments Meeting with City Manager to Review
Proposed Budget
DEPTS
4/6/26-4/10/26
Public Information Coordinator to Finalize Budget
Workshop Presentation and Budget Book Design
DEPTS./ADMIN
4/20/2026
ATTACHMENT A
Departments Sent Budget Workshop PowerPoint
FINANCE/ADMIN
4/24/2026
Presentation Template
Adjustments made to the Budget after Finance Director
FINANCE
4/13/26 — 4/17/26
meets with Department Heads
Determine how much of Capital Project funding will be
PUBLIC
4/20/2026
expended by June 30, 2026, to establish beginning balance.
WORKS/FINANCE
Capital Improvement Project (CIP) Budget & Project
Description Summary for Budget Document Submitted to
PUBLIC WORKS
4/20/2026
Finance
Departments notified of final tentative budget, and approved
FINANCE
Mid -May
equipment and personnel requests.
Departments Update Budget Narrative in Digital Budget Boo (explain 5+/- increase of summary), Accomplishments, and DEPTS.
End of May
FY Goals (any changes from what was entered)
w
Departments Update Budget Narrative after Final Decisions in Digital Budget Book (explain 5+/- increase of summary) DEPTS.
End of June
and update Performance Measures and Accomplishments (if needed.
Finalize Budget Book Pages (Introduction, Summary,
Revenue, Expenditures, Appendices, Department Org.
FINANCE
End of June
Charts
2nd Estimate of Budget Revenues Entered
FINANCE
5/1/2026
Departments Submit PowerPoint Slides for Presentation
DEPTS.
5/14/2026
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City Council Budget Sub -Committee Review Session
FINANCE/ADMIN
5/18/2026
Finalize Items for Budget Workshop
FINANCE/ADMIN
5/11/2026
Budget Workshop in City Council Chambers
DEPTS.
6/1/2026
Finalize Items for Public Hearing (Budget and User Fee)
FINANCE / ADMIN
6/10/2026
/ CLERK
Submit Items to Downey Patriot for Public Hearing Notice CLERK
6/10/2026
Final Budget and User Fee Schedule Approval (10 Day
6/23/2026
Public Notice
ATTACHMENT A