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Duarte adopts FY 2026–27 budget and five‑year CIP, using reserves to fund Duarte Park phase 2
Summary
City leaders approved the FY 2026–27 budget and five‑year capital improvement plan. Staff projected $26.3 million in general‑fund revenue, a modest operating surplus before the Duarte Park phase‑2 project, and a plan to use reserves and special funds for a $5.2 million park project.
The Duarte City Council voted to adopt the fiscal‑year 2026–27 budget and the city’s five‑year capital improvement plan, approving a spending and project map that includes Duarte Park phase‑2 work that will draw on special project funds and reserves.
Assistant manager Kristen Peterson summarized changes since the budget workshop: more conservative sales tax projections, inclusion of a parking component for Duarte Park phase‑2 and a seasonal closure for the fitness center pool. She told the council General Fund revenues are projected at $26,304,600 while general operations (excluding the park project) are forecast at $25,589,400, leaving roughly a $715,200 surplus. Adding the park project — the largest one‑time item at about $5,231,000 — produces a projected deficit for next year and requires use of reserved funds.
"General Fund revenues projected now at 26,304,600," Peterson said, and she walked through funding sources for the park project, including roughly $2.1 million from the Special Projects Fund (former ARPA funds) and $3.1 million from the unassigned general fund balance.
Council members praised staff for conservative assumptions and the workshop process; Councilmember Finley moved to approve the budget and the five‑year CIP, and Mayor Martin DeCampo seconded the motion. The council voted unanimously to adopt the budget.
Peterson noted ongoing grant‑seeking for major projects (for example Huntington Drive street rehab and trail projects) and reminded the council that the budget is a snapshot that will be revisited at midyear if revenues or costs change. The city will begin implementing first‑year CIP projects and bring periodic updates to the council.
