TO: Honorable Mayor and Members of the City Council
THRU: Jarad Hildenbrand, City Manager
FROM: Trang Nguyen, Finance Director
1. SUBJECT
title
Fiscal Year 2026-2027 City of Orange Preliminary Budget and Five-Year Capital Improvement Program
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2. SUMMARY
Each spring, the City staff presents an annual preliminary budget to the City Council that serves as the City's operational and capital improvement plan for the upcoming fiscal year. This budget document is prepared following two City Council budget study sessions, during which various aspects of the proposed budget were considered and direction from City Council was given.
3. RECOMMENDED ACTION
recommendation
1. Review and affirm the Fiscal Year 2026-2027 Preliminary Citywide Budget, following the two budget study sessions on March 24 and April 14, for all funds consisting of total revenues of $292.9 million and total expenditures of $317.3 million, including transfers.
a. General Fund revenues totaling $171.2 million and expenditures totaling $170.8 million;
b. Staffing for Fiscal Year 2026-2027 at 708.567 budgeted FTEs; and
c. Five-Year Capital Improvement Program.
2. Direct staff to return in June, for the Fiscal Year 2026-2027 budget adoption.
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4. FISCAL IMPACT
The Fiscal Year 2026-2027 Preliminary Citywide Budget includes total revenues of $292.9 million and total expenditures of $317.3 million for all funds, including transfers. Available fund balance will be used to cover the difference between revenue and expenditure in Special Revenue Funds and Capital Improvement Project Funds. This does not necessarily reflect an ongoing structural imbalance, but rather timing and funding strategy for these funds.
The total General Fund revenues are $171.2 million, and expenditures are $170.8 million, including transfers.
5. STRATEGIC PLAN GOALS
Goal 2: Enhance Economic Development and Achieve Fiscal Sustainability.
6. DISCUSSION AND BACKGROUND
Background:
The City's budget is a financial p...
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