Item Number: 1
City Council / Board of Directors
Written Communications
Meeting of: May 21, 2026
Submitted By:
Carmen Cun, Finance Director / City Treasurer
Subject:
Fiscal Year 2026-2027 Budget Workshop
Recommendation:
There is no action required at this time. It is recommended that the City Council discuss and provide directions for staff regarding the proposed Fiscal Year (FY) 2026-2027 budget following a presentation by staff.
Fiscal Impact:
There is no fiscal impact associated with this item. Updated multi-year cash flows were presented to and reviewed by the Executive Team to ensure the proposed actions for FY 2026-2027 are sustainable.
Strategic Plan Goal:
Staff proposes the attached budget for the FY 2026-2027, which serves as a financial plan and operations guide to reflect the policies, goals, and priorities of the City Council, Board of Directors, and community, while at the same time maintains fiscal stability.
This budget focuses on the following community and Council/Board priorities:
A.Financial Sustainability Goal – foster disciplined long-term planning, cost control, increased revenues, and cost recovery.
B.Public Safety Goal – implement public safety strategies to support a thriving and growing community.
C.Community and Economic Development Goal – support the economic vitality and preservation of the community for all its members.
D.Reduce Homelessness Goal – implement effective solutions to reduce homelessness.
E.Invest in Infrastructure Goal – create a healthy-livable community by maintaining the city’s assets through investment in infrastructure and innovations.
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F.Communications and Outreach Goal – build strong connections with community partners, residents, and employees.
G.Organizational Effectiveness and Sustainability Goal – provide high-quality services through a commitment to local government best practices, employee development, support, and retention.
Background:
This meeting begins the process of adopting the FY 2026-2027 budget. A presentation by staff will be made during the workshop to introduce the proposed budget to the City Council and highlight key takeaways.
Discussion:
The goal of this workshop is to accomplish the following:
1) Review and discuss the FY 2026-2027 revenue projections, proposed expenditures, and current financial conditions of the City and its related entities; and
2) Discuss the City Council budget priorities and have City Council provide direction to staff regarding next steps in the budget adoption process.
Subject to feedback and direction from the City Council regarding the proposed budget, a public hearing has been scheduled for June 2, 2026, to consider the final adoption the FY 2026-2027 budget.
Staff will be available following the presentation for any questions or comments the Council may have.
Attachments: A. Draft Budget Book