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Adoption of Resolution Approving and Adopting the Operating and Capital Budget for Fiscal Years (FYs) 2025-26 and 2026-27; [City Council]
Adoption of Resolution Approving and Adopting the Budget for FYs 2025-26 and 2026-27; [SACIC] and
Adoption of Resolution Approving Workforce Changes and Amending the Management and Confidential Employees Association Salary Schedule and Amending the Alameda City Employees Association Salary Schedule in Fiscal Years 2025-26 and 2026-27, Effective July 1, 2025. [City Council] (Finance 10024051)
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To: Honorable Mayor and Members of the City Council
From: Jennifer Ott, City Manager
EXECUTIVE SUMMARY-Z
Every two years, staff presents to City Council the Citywide biennial budget for adoption. The budget outlines the City of Alameda's (City) fiscal plan for the two upcoming years, Fiscal Year (FY) 2025-26 and 2026-27, as well as the level and type of services to be provided. Staff and City Council held a budget workshop on May 5, 2025, during which staff presented the City Manager Proposed Budget. Staff and City Council continued that workshop on May 13, 2025, and the proposed Capital Improvement Program (CIP) Budget was also presented and discussed. The budget presented to City Council for adoption incorporates direction provided during these May budget workshops.
The Proposed Biennial Operating Budget for FYs 2025-27 (Proposed Budget), inclusive of City Council direction, totals $361,192,298 in FY 2025-26 and $358,330,309 in FY 2026-27, including all City funds and transfers (except Alameda Municipal Power). The General Fund budget is $152,182,348 in FY 2025-26 and $153,819,847 in FY 2026-27. The Proposed Budget includes the use of $6.2 million of residual fund balance from the General Fund in FY 2025-26 and $3.1 million in FY 2026-27 to fund one-time investment in operational and capital requests that were discussed at the May 5 and May 13 budget workshops. With an estimated Starting Unassigned Fund Balance for th...
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