Fiscal Year 2023 City Budget Summary Blog
Published on July 01, 2022
New City Budget Focuses on Fiscal Sustainability, Community Recovery & Near-Term Restoration of Services
Learn about the City’s new operating budget funding City services as the fiscal year begins July 1, 2022
The City of Palo Alto is addressing near-term community needs and the long-term fiscal health of the City with the Adopted Budget for Fiscal Year 2023. This new blog provides the community with a summary of what’s included in the recently Adopted Budget, which goes into effect starting the new fiscal year on July 1, 2022. The new operating budget funds basic and essential services like libraries, community centers, and public safety services such as fire, emergency medical and police. It is a transition budget that restores some services reduced as a result of the pandemic and economic shifts for two years. Additional sources of revenue are under consideration by the City Council in order to fund these vital resources in the long-term.
Read the blog here.