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Carpinteria adopts first two‑year budget, flags shrinking reserves and long‑term funding gaps
Summary
The City Council adopted a two‑year operating and capital budget covering FY 2025–26 and 2026–27, approving a package of resolutions and related fiscal policies while staff warned that revenues are flattening and reserves will decline without new revenue or program adjustments.
The Carpinteria City Council on June 23 adopted a two‑year operating and capital budget for fiscal years 2025–26 and 2026–27, approving multiple implementing resolutions and companion personnel changes after a two‑hour presentation and public discussion.
City Manager Michael Ramirez opened the council hearing by framing the document as the city’s first two‑year budget, aimed at longer‑term planning and fiscal transparency. “This year marks a milestone,” Ramirez said, “the city is transitioning for the first time ever to a two‑year budget covering fiscal years '25–'26 and '26–'27.”
The package the council adopted includes a set of resolutions (identified in the hearing as Nos. 6,405 through 6,410) that together establish the budget appropriations, year‑end adjustments, and policy updates for the two‑year period. The council voted to approve the resolutions by roll call. The council also…
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