(First Reading) Consider approval of an Ordinance adopting the annual budget totaling

Staff Report & Agenda Item Details

(First Reading) Consider approval of an Ordinance adopting the annual budget totaling $434,696,680 subject to final amendments by City Council, for the ensuing fiscal year beginning October 1, 2026 and ending September 30, 2027; appropriating revenue and expenditure amounts thereof for city funds, authorizing no rate increase for water service rates, no rate increase for wastewater service rates, no increase in storm drainage fees, a 2.5% increase in solid waste service charges, all other fees and charges for various city services as provided for in the fee schedule, capital improvement plan expenditures, elimination of eleven (11) full-time positions for a net total of 470.0 positions, and authorizing for the carryover of encumbrances, all associated schedules and documents; and repealing all Ordinances in conflict herewith; and providing for an effective date. (RELATED AGENDA ITEM 3 OF 5 & ROLL CALL VOTE IS REQUESTED) (Item Presenter: Perwez A. Moheet, CPA, Interim City Manager & Director of Finance) Exhibit 1 - Staff Memo Exhibit 2 - Presentation Exhibit 3 - 2026 Certified Property Tax Rate Calculation Worksheet 8-12-2026 Exhibit 4 - Notice on Meeting to Vote on Tax Rate 9-2-2026 Exhibit 5 - Notice About 2026 Tax Rates 8-26-2026 Exhibit 6 - Notice of Council Meetings on Adoption of Budget & Tax Rates for FY 2026-27 8-5-2026 Exhibit 7 - 2026 Taxpayer Impact Statement (Item Presenter: Perwez A. Moheet, CPA, Interim City Manager & Director of Finance) Exhibit 1 - Presentation Exhibit 2 - Amendments to Proposed Budget for FY 2026-27 Approved by City Council on 8-27-2026 Exhibit 3 - Information Requested by CM Zapata for Consideration of Budget Amendment to Pay A One-Time $1,800 Rest & Recognition Payment to All Civilian City Employees in FY 2026-27 Exhibit 4 - Information Requested by CM Harris for Consideration of Budget Amendment to Pay A 3.0% General Wage Increase to All Civilian Non-Management City Employees in FY 2026-27 Exhibit 5 - Interim City Manager's Budget Transmittal to City Council 7-28-2026 Exhibit 6 - Budget Presentation FY 2026-27 8-1-2026 Exhibit 7 - Interim City Manager's Proposed Budget for FY 2026-27 7-28-2026 Exhibit 8 - Ordinance Exhibit 9 - Notice of Meeting to Vote on Tax Rate 9-2-2026 Exhibit 10 - Notice About 2026 Tax Rates 8-26-2026 Exhibit 11 - Notice of City Council Meetings on Adoption of Budget & Property Tax Rates for FY 2026-27 8-5-2026 Exhibit 12 - 2026 Taxpayer Impact Statement Exhibit 13 - List of Encumbrances Rollover From FY 2026 to FY 2027 2

This docket item is classified as NEUTRAL (0.0 Score Impact). Routine administrative reports, monthly accounts payable/disbursement registers, minutes approvals, and procedural motions are logged for public transparency but carry zero weight in calculating an official's Roll-Call Freedom Score.