Title
Budget Workshop for Fiscal Year 2026-27 Proposed Mid-Cycle Budget Update to Provide Direction on Funding Changes for June 2, 2026 Midcycle Budget Adoption. [City Council/SACIC] (Finance 10024056)
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To: Honorable Mayor and Members of the City Council
From: Adam W. Politzer, Interim City Manager
EXECUTIVE SUMMARY
This Mid-Cycle Budget Update incorporates funding updates and departmental proposals for changes in service levels for Fiscal Year (FY) 2026-27 since the FY 2025-27 Biennial Budget was adopted by the City Council in June 2025. The Interim City Manager is proposing a General Fund budget of $159.53 million in FY 2026-27. The total proposed budget for all funds is $364.18 million and includes funding for six new proposed positions.
Budget adjustments are proposed for the General Fund, special revenue funds, capital projects fund, debt service fund, internal service funds, enterprise fund, and trust/fiduciary funds. The proposed revenue adjustments would increase the General Fund revenue projection by $3,664,210 from $150.49 million to $154.15 million. Overall, the General Fund revenue adjustments exceed expense adjustments by $773,603.
For non-General Fund programs, staff projects an increase in revenues of $822,501 excluding transfers in, and proposes an additional $3,087,807 in expense appropriations, excluding transfers out.
Staff is seeking direction from the City Council on these proposed service level and workforce changes, and other funding changes in order to align the City of Alameda's (City) spending plan for FY 2026-27 with the City Council's strategic plan priorities.
BACKGROUND
The City Council adopted the Biennial Budget for FYs 2025-26 and 2026-27 on June 17, 2025 through Resolution No. 16282. This report updates the FY 2026-27 financial projections for the General Fund and proposes current year budget adjustments for various City funds to reflect and respond to the City's current financial condition, address urgent and un...
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