Placement: First Reading of Ordinances / Public Hearing
Action Requested: Motion / Vote
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Ordinance 26-85, Public Hearing, an Ordinance Adopting the Budget for the Fiscal Year (FY) October 1, 2026, to September 30, 2027; Providing an Effective Date.
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Submitted By: Ivy Ladyko, CGFO, Budget Deputy Director
Strategic Plan Link: The City's Goal of a high-performing city government organization.
Executive Summary (General Business): Adoption of Fiscal Year 2026-27 Budget Ordinance.
Presentation Information: A brief presentation will be provided by Caroline Sturgis, CPFO, CGFO, Director Office of Management and Budget. Duration: 30 minutes.
Staff Recommendation: Move that the City Council approve and adopt the FY 2026-27 Budget Ordinance.
Alternate Recommendations:
1. Move that the Council amend the recommendation and approve/adopt the FY 2026-27 Budget.
2. Move that the Council Move that the Council provide staff with direction.
Background: Per State law for the Truth in Millage (TRIM), taxing authorities (including the City) must hold two public hearings to adopt a millage rate and budget. For Fiscal Year 2026-27, the two public hearings are scheduled at a City Council special meetings of September 14th and 28th.
Issues/Analysis: The proposed budget reflects the City Council’s direction from the July Summer Workshop. The operating millage is recommended to be reduced by 0.0500, resulting in a new millage rate of 4.6107. Voted debt (Crosstown Parkway) is recommended to be reduced by 0.0500 mills, resulting in a proposed millage rate of 0.2643. The total proposed overall millage rate is 4.8750. The total Budget for FY 2026-27 is $971,576,281.
Financial Information: The proposed 2026-27 Budget is based on a total reduction of 0.1000 mills for a new millage rate of 4.8750. This Budget includes a net increase of 7 full-time equivalent (FTE) positions in the enterprise operations of Utility Systems Department, which are necessary to support continued service demand and organizational growth. The budget ordinance authorizes appropriations at the fund level, allowing the City Manager to move appropriations between departments within a fund. Transfers between funds, however, require prior City Council approval. The budget cannot be exceeded without Council authorization, except in the event of an emergency.
Special Consideration: N/A
Location of Project: N/A
Business Impact Statement: Yes
Attachments:
1: FY 2026-27 Budget Ordinance
2: FY 2026-27 Proposed Budget for Adoption Presentation
3: FY 2026-27 Budget Summary for All Funds
4: Business Impact Estimate
NOTE: All of the listed items in the “Attachment” section above are in the custody of the City Clerk. Any item(s) not provided in City Council packets are available upon request from the City Clerk.
Internal Reference Number: 26217-05
Legal Sufficiency Review:
Reviewed by Richard Berrios, City Attorney. Approved as to Legal form and sufficiency by Richard Berrios, City Attorney.