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Council reviews proposed FY25‑26/FY26‑27 biennial budget and five‑year CIP; staff proposes transfers to CIP and risk reserves
Summary
Assistant City Manager and Administrative Services Director Doug Alessio presented the proposed biennial operating budget for FY25‑26 and FY26‑27 and reviewed the first two years of a five‑year CIP.
Assistant City Manager and Administrative Services Director Doug Alessio presented the proposed biennial operating budget for fiscal years 2025‑26 and 2026‑27 and reviewed the first two years of a five‑year capital improvement plan (CIP).
Why it matters: The budget sets staffing, service levels and the city’s fiscal policy for the next two years. Staff asked the council to provide direction on any changes before final adoption on June 3.
Major points from staff presentation
• Balanced two‑year proposal: The draft operating budget is balanced for both years, with a modest projected operational surplus of about $265,000 in year 1 and about $60,000 in year 2 under current assumptions. Alessio…
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