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FY 2027 Financial Policies and Council Budget Guidelines

approved

Status set at City Council Meeting on Nov 18, 2025 · ▶ watch the moment

  1. Proposed
  2. Under review
  3. approved
    Nov 18, 2025

Summary

The FY 2027 Financial Policies and Council Budget Guidelines are the governing financial policies and budget preparation guidelines the City Council adopts to direct development of the FY 2027 municipal budget. Suggested updates to these documents were first presented to the City Council during a work session on October 28, 2025 (Agenda Item 12c), where Chief Financial Officer JC Martinez provided the staff report; no formal action was taken at that meeting. The item was subsequently placed on the consent agenda for the November 18, 2025 Council meeting (Agenda Item 6e), where it was pulled for separate discussion by Councilmember Peterson before being approved unanimously as a standalone item. With that vote, the Council formally adopted the proposed edits to the financial policies and the suggested budget guidelines to be used in preparation of the FY 2027 budget. The matter is now fully resolved.

What members have said

Peterson

On November 18, 2025, Councilmember Peterson pulled the item from the consent agenda to allow for separate discussion before the Council voted on it.

Positions as recorded in meeting minutes; votes without recorded comment aren’t summarized.

Full history

  1. [12c] Suggested updates to FY 2027 financial policies and budget guidelines discussed during work session; no formal action recorded.

  2. Nov 18, 2025City Council· item 6eapproved#

    [6e] Council unanimously adopted the proposed edits to the financial policies and the suggested budget guidelines to be used in preparation of the FY 2027 budget.

    passedMotion to adopt the proposed edits to the financial policies and the suggested budget guidelines for FY 2027 budget preparation.
    Amos Bates Hall Hardy-Chandler McQuillen Peterson

Discussed alongside

Topics that come up in the same meetings.