To: MAYOR AND CITY COUNCIL
From: STEPHANIE MEYER, FINANCE DIRECTOR
TITLE
title
PUBLIC HEARING TO CONSIDER THE FISCAL YEAR 2025-26 PROPOSED BUDGET AND 2025-30 FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM
PROCEDURES:
a. Open the Public Hearing;
b. Receive and file Budget Response Reports;
c. Take testimony; and,
d. Continue the Public Hearing to June 10, 2024
end
EXECUTIVE SUMMARY
On May 16, 2025, City staff published the FY 2025-26 Proposed Budget and the 2025-2030 Five-Year Capital Improvement Program (CIP). On May 20, 2025, the City Manager introduced the proposed budget, provided Council the opportunity to request additional Budget Response Reports (BRRs), and identified June 3, 2025 as the date of the first public hearing to discuss these items.
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 Budget includes a section of Fund Summaries that highlights the status of key fund balances and presents more detailed summaries (mini-financials) to describe important fund activities and business unit proformas.
The Department Sections of the Budget identify each Department's mission, staffing level, annual maintenance and operations expenses, core services, key projects and assignments, and customer service work measures.
The CIP identifies the capital investment rec...
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