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050526 ADM State of the City 2026 Event Update and 2025 Financial Overview Presentation

City Council - Successor Agency - Housing Authority
May 5, 2026

Document
050526 ADM State of the City 2026 Event Update and 2025 Financial Overview Presentation
Meeting
May 5, 2026
Body
City Council - Successor Agency - Housing Authority
Original file
196 KB
Text extracted from the city's file for reading and search. Open the original on fullerton.legistar1.com. That file is the official record.

City Manager’s Office
May 5, 2026
2026 STATE OF THE CITY AND 2025 FINANCIAL SUMMARY

Background
Previously, the North Orange County Chamber of Commerce hosted Fullerton’s annual State of the City event.

In 2025, the Chamber declined to host and the City hosted the event for the first time.

New City-led model generated net revenue for the City instead of a third party.

2025 Financial Results
Total Revenue: $39,200
Sponsorships: $27,500
Ticket Sales: $11,700
Direct Costs: $10,006
Net Positive Revenue: $29,194

2026 Event Plan and Partnerships
Summit House Restaurant will again partner by providing venue and hospitality support Carryover funds from 2025 are planned to help offset Summit House expenses and other related event costs PEG funds may support eligible broadcast production expenses Continue successful sponsorship + ticket revenue model in 2026 Maintain no General Fund impact goal

Recommendation
Provide direction to staff regarding the 2026 State of the City event.

ALTERNATIVE OPTIONS:

Receive and file.

Not hold a 2026 State of the City event.

Other options brought by City Council.

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