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Home My WebLink AboutCC 2025-05-27_11a Preliminary FY 25-27 Biennial Operating Budget Review_PP Review Preliminary FY 2025-27 Biennial Operating Budget 5/27/2025 1 5/27/2025 2 Budget Timeline 5-Year General Fund Fiscal Outlook – 1/28/25 Council Goal Setting Workshop – 2/10/25 Complete the General Plan Update Redevelop the East Grand Avenue Corridor (Halcyon Road to Elm Street) Pursue New Revenue Sources Implement Road and Sidewalk Improvements Achieve Water Resilience Draft Work Plans developed and included as attachment 10-Year Capital Improvement Program Budget – 5/13/25 5/27/2025 3 Tonight Review Preliminary FY 2025-27 Biennial Operating Budget including: Proposed Staffing Requests Proposed Services and Supplies Requests Vehicle Replacement Requests Discuss different scenarios City Council provided direction to present that adjusted the Proposed Staffing Requests levels 5/27/2025 4 Scenario A – Status Quo 5/27/2025 General Fund Budget & Available Fund Balance (thousands) 5 Proposed Staffing Requests 5/27/2025 6 Proposed Services & Supplies Requests 5/27/2025 7 Vehicle Replacement Requests 5/27/2025 8 Scenario B –with Service Level Requests incorporated 5/27/2025 General Fund Budget & Available Fund Balance (thousands) 9 Scenario C –with Service Level Requests incorporated ACM 7/1/2025 EDC 1/1/2027 5/27/2025 General Fund Budget & Available Fund Balance (thousands) 10 Scenario D –with Service Level Requests incorporated ACM 7/1/2025 EDC 10/1/2025 5/27/2025 General Fund Budget & Available Fund Balance (thousands) 11 Scenario E –with Service Level Requests incorporated without ACM and EDC 5/27/2025 General Fund Budget & Available Fund Balance (thousands) 12 General Fund Budget Scenario Options & Available Fund Balance in Percent 5/27/2025 13 Local Sales Tax Fund Historically reported separately from General Fund Accounts for Measure O-06 and Measure E -24 sales tax revenues Combined with General Fund in the City’s auditors in the Annual Comprehensive Financial Report (ACFR) To provide a full picture of the City revenues, expenditures, and ending fund balance, information is reported with these funds as the Consolidated General Fund 5/27/2025 14 FY 2025-27 Consolidated General Fund Budget & Available Fund Balance (thousands) 5/27/2025 15 5/27/2025 FY 2025-26 Consolidated General Fund Revenues $32 million total 16 Consolidated General Fund Tax Revenues (millions) 5/27/2025 17 FY 2025-26 Consolidated General Fund Expenditures by Department 5/27/2025 $35.6 million total 18 FY 2025-26 Consolidated General Fund Expenditures by Department 5/27/2025 19 Other Budget Requests Enterprise Funds, Water & Sewer – updated to reflect the rate adjustment approved by Council Special Revenue Funds: Fund 212 Police Facilities Fund Fund 213 Park Facilities Fund Fund 224 Transportation Facilities Fund Fund 231 Drainage Facilities Fund Fund 271 State COPS Block 5/27/2025 20 Proposed FY 2025-26 Budget 5/27/2025 21 Proposed FY 2026-27 Budget 5/27/2025 22 Next Steps June 10, 2025 - Public Hearing of the FY 2025-275 Biennial Budget FY 2025-26 funds will be appropriated on July 1, 2025 5/27/2025 23 Questions? 5/27/2025 24 5/27/2025 ***DRAFT*** 25 Scenario C –with Service Level Requests incorporated ACM 7/1/2025 EDC 1/1/2027 and 10% shift in FCFA and one additional police officer to Measure O-06 5/27/2025 General Fund Budget & Available Fund Balance (thousands) 26 Scenario D –with Service Level Requests incorporated ACM 7/1/2025 EDC 10/1/2025 and 10% shift in FCFA and one additional police officer to Measure O-06 5/27/2025 General Fund Budget & Available Fund Balance (thousands) 27