City Council Agenda Report
Meeting Date: May 19, 2026
From: Alice Hui, Director of Finance/City Treasurer
Department: Finance
Submitted by: Angela Melgar, Finance Manager
Subject
Fiscal Year 2026-27 Budget Workshop I
Recommendation
Conduct a workshop and provide direction to staff on the Fiscal Year (FY) 2026-27 estimated revenues and proposed expenditures in preparation for the FY 2026-27 Citywide Budget.
Background
Chapter 8.2 of the City’s Charter requires that “[o]n or before the thirtieth day preceding the last day of the fiscal year, the City Administrator shall submit to the City Council a proposed budget for the ensuing fiscal year.” In preparation for the upcoming Fiscal Year (FY) 2026-27 Budget adoption, staff conducts Budget Workshops with City Council to provide information regarding the City’s operations, proposed appropriations, and intended fiscal direction. The Citywide Budget is the financial plan for the upcoming fiscal year which prioritizes the goals that departments intend to accomplish with the expected resources. Under the City Administrator’s direction, wherever possible, staff strove to reduce or keep costs at FY 2025-26 levels and looked for new potential funding opportunities. Historical trends were used to estimate potential savings and a conservative approach was taken when estimating next year’s revenues.
The May 19th budget workshop will provide an overview of the Citywide proposed budget for FY 2026-27, share key highlights of FY 2025-26, and present the goals for the City departments as they move forward into next fiscal year.
A second budget workshop may be scheduled to address any items of interest requested by Council. The proposed FY 2026-27 Budget will be presented to Council for adoption at the June 16, 2026, Council Meeting.
Fiscal Impact
There is no fiscal impact associated with this report.
Attachments
1. FY 2026-27 Proposed Budget