FY 2026 & FY 2027 Adopted Budgets
Agenda Item 12.A
Nadia Feeser, Administrative Services Director
Meeting Date: June 3, 2025
Budget Development Process
FY 2026 & FY 2027 Proposed Budgets
Total Budget
FY 2026
Proposed
Budget
FY 2027
Proposed
Budget
Beginning Fund Balance 31,517,260$ 32,687,003$
Revenues 69,737,948$ 62,223,342$
Expenditures 68,568,205 64,287,327
Net (Revs - Exps)1,169,743$ (2,063,985)$
Ending Fund Balance 32,687,003$ 30,623,018$
Operating Budget
FY 2026
Proposed
Budget
FY 2027
Proposed
Budget
Revenues 61,100,308$ 61,723,342$
Expenditures 52,605,755 52,422,787
Net (Revs - Exps)8,494,553$ 9,300,555$
One-time
FY 2026
Proposed
Budget
FY 2027
Proposed
Budget
Revenues 8,637,640$ 500,000$
Expenditures 15,962,450 11,864,540
Net (Revs - Exps)(7,324,810)$ (11,364,540)$
Net of Transfers between funds
City Goals
City Goal FY 2026 FY 2027
Quality of Life 5,709,117.00$ 1,433,487.00$ Streets and Infrastructure 3,976,100.00 5,832,000.00 Public Safety 755,251.00 329,084.00 Water Resources 220,000.00 4,095,000.00 Parking and Circulation 1,348,000.00 62,000.00 Development & Housing Access 5,253,900.00 539,295.00 Total City Goals 17,262,368.00$ 12,290,866.00$
Fully Funds Reserves
Maintains
GF Reserve
to 25% of GF
Operating
Expenditures
Maintains
$250 K Risk
Management
Reserve $2 M Budget
Stabilization
Set-AsideMaintains
$500 K
Facility
Reserve
General Fund
Contingency
Budget
Water and
Wastewater
Emergency
Capital
Reserves
Creates a new
$50K per year
Storm Damage
Reserve
Resolution
Staff recommends that Council approve a Resolution adopting biennial budgets for FY 2026 and FY 2027
Resolution Approves:Total Expenditures by Fund
Total Revenues by Fund
Attachments: City Goals & Department Initiatives, New Vehicles, Capital Projects