Agenda Item Wording:
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Fiscal Year 2026/27 and 2027/28 Proposed Budget - Receive and discuss the proposed 2026/27 and 2027/28 budget.
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Agenda Date: 06/01/2026
Prepared by: Renee Nagel, Finance and Technology Director,559-713-4375, Renee.Nagel@visalia.gov, Amee Swearingen, Budget Analyst, 559-713-4170, Amee.Swearingen@visalia.gov
Department Recommendation: No action is required tonight. This report will present an overview of the proposed fiscal year 2026/27 and 2027/28 budget. Staff will return to Council on June 15th with proposed changes, conduct a public hearing, and potentially adopt the budget.
Summary:
The 2026-2028 Biennial Budget is comprised of all City funds, including the General Fund, Special Revenue Funds, Capital Funds, Enterprise Funds, and Internal Service Funds. The proposed budget appropriation for FY 2026/27 is $409 million and $359 million in FY 2027/28. The budget was developed using a conservative and responsible approach for both revenues and expenditures while meeting the community's needs and addressing the goals established by the City Council for the next two years.
A detailed summary of the budget assumptions is included in the Budget Message of the document. The budget book can be viewed on the City Webpage at https://www.visalia.gov/DocumentCenter/View/3095/Proposed-2026-27--2027-28-Budget-Document-PDF .
Background Discussion:
Every two years the City of Visalia adopts a biannual budget. The Budget lays out a strategic resource allocation plan that aligns with community goals, preferences, and needs. The Budget is a policy document, financial plan, operations guide, and communication device all in one.
The Budget also:
* Determines the quality and quantity of City programs and services.
* States expenditure planned and the resources needed.
* Sets targets and provides a means of measuring accomplishments against goals and actual versus planned outcomes.
* Serves as a communication device-for elected of...
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