Title
Subject: Consideration of Recommended Operating and Capital Improvement Program Budgets for Fiscal Year (FY) 2026-27, adoption of the Operating and Capital Improvement Program Budgets for FY 2026-27, establishment of the Appropriation Limit, and related actions.
Recommended Action
1. Adopt Resolution No. 26-075 establishing an Operating Budget of $141,318,264 for FY 2026-27, which includes the following changes to the FY 2026-27 Proposed Budget, published on May 4, 2026:
a. Approve the operating budget of $141,293,145 outlined in the FY 2026-27 Proposed Budget.
b. Approve a reduction in appropriations of $47,000 for recurring Chamber of Commerce funding agreement
c. Approve additional appropriations of $25,000 for City Work Program Special Projects PR & Strategic Comm Strategy
d. Approve additional appropriations of $34,119 for the Council approved salary adjustment of Senior Assistant City Attorney
e. Approve additional appropriations of $13,000 for RISE Housing Solutions
f. Approve the allocation of $200,000 for RISE Housing funds to be budgeted in the General Fund previously funded in Special Revenue Fund as approved by Council on May 19, 2026
g. Approve a reduction in revenues of ($224,320) relating to at-risk ERAF property tax
h. Approve additional revenues of $15,000 for Law Enforcement related administrative fees
i. Approve any other recommended changes as directed by City Council
2. Adopt Resolution No. 26-076 establishing a Capital Improvement Program Budget of $14,235,000 for FY 2026-27.
3. Adopt Resolution No. 26-077 establishing an Appropriation Limit of $148,461,383 for FY 2026-27.