<strong>Discussion and Comprehensive Review of the Proposed Fiscal Year 2026-2027 Annual Budget</strong><br> City Council will conduct an in-depth review and discussion of the proposed Fiscal Year 2026-2027 Budget, with a focus on all major financial components of the municipal government. This work session will include presentation and evaluation of projected revenues and expenditures, department

Staff Report & Agenda Item Details

<strong>Discussion and Comprehensive Review of the Proposed Fiscal Year 2026-2027 Annual Budget</strong><br> City Council will conduct an in-depth review and discussion of the proposed Fiscal Year 2026-2027 Budget, with a focus on all major financial components of the municipal government. This work session will include presentation and evaluation of projected revenues and expenditures, departmental funding needs, and strategic priorities to ensure fiscal responsibility and alignment with City goals. Specific areas of discussion will include:<div style="margin-left: 20px;">a. <strong>General Fund</strong> – Overview of operating revenues and expenditures, department budgets, personnel costs, and other general governmental activities</div><div style="margin-left: 20px;">b. <strong>Enterprise Fund</strong> – Review of utility fund including water, wastewater, and sanitation</div><div style="margin-left: 20px;">c. <strong>Special Revenue and Dedicated Funds</strong> – Review of restricted funds such as grants, hotel occupancy tax (HOT), and other program-specific funding sources</div><div style="margin-left: 20px;">d. <strong>Capital Improvement Program (CIP)</strong> – Review of multi-year infrastructure investments and capital projects, including funding sources</div>