City Council Special Meeting Budget/CIP - Tuesday, March 24, 2026
Carmel-by-the-Sea City Council · March 24, 2026
Carmel-by-the-Sea council received an unmodified audit for FY2024-25 and reviewed a five‑year financial forecast and a $10M-ish capital improvement program that highlights $100M+ deferred maintenance and a potential fund balance shortfall in FY29–30. Council directed staff to refine CIP cost details and return with budget scenarios (including an 85/15 revenue/CIP split) before the draft budget.
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