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:
Move that the Council amend the recommendation and approve/adopt the FY 2026-27 Budget.
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 cont...
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