To: MAYOR AND CITY COUNCIL
From: STEPHANIE MEYER, FINANCE DIRECTOR
TITLE
title
PUBLIC HEARING TO CONSIDER THE FISCAL YEAR 2026-27 PROPOSED BUDGET AND 2027-2031 FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM
PROCEDURES:
1. Open the Public Hearing;
2. Discuss the Proposed Budget (with a Focus on Operations);
3. Take testimony;
4. Receive and file Budget Response Reports; and,
5. Continue the Public Hearing to June 9, 2026
end
EXECUTIVE SUMMARY
On May 14, 2026, City staff published/delivered the FY 2026-27 Proposed Budget and the 2027-2031 Five-Year Capital Improvement Program (CIP). On May 19, 2026, the City Manager introduced the Proposed Budget, provided Council the opportunity to request additional Budget Response Reports (BRRs), and identified June 2, 2026 as the date of the first public hearing to discuss the Budget.
BACKGROUND
The Proposed Budget establishes the resources to support the City's work program for the following fiscal year. The Budget is designed to be consistent with the City Council's Strategic Plan and adopted Financial Principles. The Budget emphasizes core services that are essential to the City's mission.
The City Manager's Budget Message describes the Budget development process, the projected financial outlook for the coming fiscal year, and a summary of the Budget's proposed revenues and expenditures. It also presents recommended Decision Packages - additions or reductions to the base budget that are not contractually obligated or the result of annual personnel allocation updates - and details their financial impact.
The Financial Summaries section provides an overview of all City funds, including estimated beginning and ending fund balance, with proposed changes, and a detailed schedule of interfund transfers. The Revenue and Expenditure summaries provide further details for each of these sections, including multi-year views.
The Department Sections of the Budget identify each Department's mission, staffing level, ann...
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