City Council Agenda
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Memo to: |
Manteca City Council |
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From: |
Matthew Boring, Finance Director |
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Prepared by: |
Lana McBroom, Budget Manager |
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Date: |
June 2, 2026 |
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Subject: |
Conduct a Budget Study Session for the Proposed Fiscal Year 2026-27 Annual Budget |
Recommendation:
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Receive a presentation on the Proposed Fiscal Year 2026-27 Budget; review, discuss and take action on items in the Proposed Fiscal Year 2026-27 Budget and instruct the City Manager and Finance Director regarding the final budget.
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Background:
The proposed budget currently includes the following:
No Personnel Changes
• Staff recommends deferring personnel changes until completion of labor negotiations and final Class & Compensation Study determinations.
Capital Budget totaling $105,146,252
• Additional appropriations to 155 existing projects totaling $90,446,070
• 68 new projects totaling $14,700,182
Overall Proposed Budget
The Proposed FY 2026-27 Budget reflects the City’s continued commitment to responsible fiscal management, strategic investment, and long-term financial sustainability. The proposed budget includes significant one-time investment in infrastructure, facilities, utilities, public safety, and other capital improvements aligned with City Council priorities and the City’s continued growth.
The proposed budget currently reflects a projected citywide deficit of approximately $44.5 million, primarily associated with the timing of one-time capital appropriations, multi-year infrastructure projects, and related financing strategies rather than ongoing operational imbalances.
Unearned revenue, existing bond proceeds, and anticipated future financing proceeds are not reflected as current-year operating revenues within the budget presentation and are expected to substantially offset the planned deficit. As a result, the proposed budget remains structurally balanced from an ongoing operational perspective.
Fiscal Impact:
Any modifications resulting from City Council discussion, staff recommendations, or direction provided during the budget study session will be incorporated into the final budget proposed to be presented for adoption at the public hearing scheduled for June 16, 2026.
Documents Attached:
1. Attachment 1 - Presentation
2. Attachment 2 - Proposed Fiscal Year 2026-27 Budget Book <https://city-manteca-ca-cleardoc.cleargov.com/24385>
3. Attachment 3 - Five-Year Capital Improvement Program 2027-2031 <https://city-manteca-ca-cleardoc.cleargov.com/24333/1010891/d>
4. Attachment 4 - Council Questions & Answers