City Finances Update, including recent mid-year budget actions

Published on April 06, 2023

This update shares recent budget changes, and mid-year actions by the Council restoring certain service priorities. It also answers questions we’ve heard from the community, including the FY 2022 budget surplus, FY 2023 projections, and addresses misinformation that has been brought to our attention.

As we transition through the economic and social effects of the pandemic, the City’s budget has gone through its most volatile period in many years. In the last year, the City Council and City staff have made significant strides in restoring the services that were cut during 2020 addressing both the immediate needs and medium to long term fiscal sustainability.

Read the New Update