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Finance staff outlines Cape Coral budget calendar, structural-balance policies and public engagement plan
Summary
Finance staff reviewed the city’s budget cycle, structural balance policy, reserve targets and outreach timeline ahead of the 2025 budget season, describing a timeline that begins in December and leads to a proposed budget in July and final adoption in September.
Nicole (Finance Director) presented a high-level overview of Cape Coral’s budgeting process on Feb. 26, walking council through statutory requirements, adopted financial policies and the city’s multi‑year capital and operating planning approach.
Her presentation explained that Cape Coral operates on an Oct. 1–Sept. 30 fiscal year and that Florida statute and the city charter require a balanced budget. She reviewed the city’s fund structure — general fund, special revenue, capital project, debt service and enterprise funds — and…
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