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San Buenaventura staff outlines FY2027 budget timeline; CIP adoption set for March 24, public hearing June 9
Summary
At a budget workshop the city presented a high-level FY2027 process: CIP adoption March 24, budget proposal April 28 (to meet the May 1 charter transmittal), and a public hearing for adoption scheduled for June 9; staff also reported early cannabis store revenues matched expectations.
City finance staff provided a high-level overview of the FY2027 budget process at the Finance, Audit and Budget Committee meeting on Feb. 17, laying out key dates and the order in which new spending requests will be considered.
“We need to propose to the City Council a proposed budget on or before May 1 every year,” the chief financial officer said, describing charter deadlines and the committee’s schedule. Staff said an adopted capital improvement plan on March 24 will feed into the budget work, with the formal budget proposal expected April 28 and a public hearing to…
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