1 + 2 · File 26-2032, 26-2033Presentation and public hearing held
Presentation and Public Hearing on Proposed Fiscal Year 2026-2027 Budget
Citywide
Staff presented the revised FY 2026-2027 budget of $323.3M and proposed keeping the millage rate at 5.559 mills. Multiple speakers praised the Underline, while others raised questions about stormwater fees and retiree COLAs.
3 · File 26-2034Approved on first reading
Adoption of Tax Levy and Millage Rate for Fiscal Year 2026-2027
Citywide
4–1No: Castro
The Commission voted 4–1 on first reading to maintain the operating millage rate at 5.5590 mills, rejecting a proposal to cut the millage rate and reduce supplemental pension payments.
4 · File 26-2035Approved on first reading
Adoption of Annual Budget for Fiscal Year 2026-2027
Citywide
4–1No: Castro
The Commission approved the $323.3M FY 2026-2027 annual budget on first reading by a 4–1 vote, with Commissioner Castro dissenting due to the level of extra pension funding.