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Santa Fe council adopts FY26 budget after nine‑day review; $3M proposed for affordable housing
Summary
The Santa Fe City Council on May 14 adopted the Fiscal Year 2026 operating budget after nine days of departmental hearings, unanimous final passage and a series of committee amendments, including a $3 million allocation proposed for the Affordable Housing Trust Fund and roughly $608,000–$630,000 in one‑time park maintenance funding.
The Santa Fe City Council unanimously adopted the city’s Fiscal Year 2026 operating budget on May 14 after a lengthy review process that included nine days of departmental hearings, multiple amendments and extended discussion about reserves, transparency and the timing of one‑time allocations.
City Manager Scott told the council the budget is “a policy exercise” that reflects community priorities while noting it is effectively flat in revenue growth. He and department directors described investments in employee compensation, utility billing system replacement, wastewater planning, midtown implementation, parks maintenance, homelessness programs, and upgrades to the airport and capital projects. Scott said the budget “provides for” staffing and program changes while acknowledging the budget team expects to manage revenues and “may have to come back and make adjustments if revenues aren't coming in, as we anticipate them to or, if other things occur that impact the budget.”
Key funding and program notes discussed by the council:
- Affordable Housing Trust Fund: Councilors pressed the origin of a $3,000,000…
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