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Milpitas council adopts balanced $268 million budget for 2025–26, sets multi‑year work plan
Summary
The Milpitas City Council on June 3 adopted a balanced fiscal year 2025–26 operating budget of $268 million, approved an appropriations limit and a set of work streams to address a multi‑year structural deficit while preserving core services.
The Milpitas City Council on June 3 adopted a $268,000,000 fiscal year 2025–26 operating budget and related fiscal policies after a presentation from city staff and a public hearing.
City Manager Diana said the adopted plan is balanced for 2025–26 and represents “the beginning of attaining fiscal sustainability” after staff identified a multi‑year structural shortfall earlier in the year. Finance Director Luz Coforsi Howe told the council the budget follows the City Council’s direction to avoid using ongoing reserves to cover recurring expenses.
The adopted…
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