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Council adopts two‑year budget policy to formalize mid‑cycle review and operating carryovers
Summary
Carpinteria adopted an updated budget and fiscal policy establishing a two‑year budget document, formalizing the mid‑cycle review process and authorizing the city manager to approve limited operating carryovers into the second year for multiyear projects.
The City Council on April 14 adopted an update to the city’s budget and fiscal policy to move the city to a two‑year budget cycle and to formalize procedures for second‑year budget reviews and limited operating carryovers.
What changed: The adopted policy adds a section establishing a two‑year budget document to increase long‑range planning, align budget and strategic priorities, and reduce staff time producing an annual…
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