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 16, 2026 |
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Subject: |
Adoption of Fiscal Year 2026-27 Budget |
Recommendation:
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Receive a presentation and, after receiving public testimony, adopt a resolution approving the City of Manteca’s Annual Budget for Fiscal Year 2026-27.
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Background:
The annual budget process included a public study session on June 32, 20252026, where Council reviewed the Proposed Fiscal Year 2026-27 Budget and received a presentation from staff.
Since the Budget Study Session, staff has made minor administrative, formatting, and policy clarification updates to the budget document including the Budget & Fiscal Policy. These changes improve readability and align the documents with current practices. No changes have been made to the proposed revenues, expenditures, staffing levels, capital program, or recommended service levels presented at the June 2, 2026 Budget Study Session.
The proposed Fiscal Year 2026-27 Budget remains financially unchanged and is presented for Council consideration and adoption.
Fiscal Impact:
The Fiscal Year 2026-27 Annual Budget includes the following:
The General Fund is projected to end Fiscal Year 2026-27 with a surplus of $2,175,741, which has been reserved for pending labor negotiations and future personnel-related obligations.
Citywide expenditures are projected to exceed revenues by approximately $44.5 million, primarily due to one-time capital investments, multi-year infrastructure projects, and other nonrecurring expenditures. These planned expenditures are supported through available fund balances, restricted revenues, previously issued bond proceeds, anticipated financing proceeds, and other dedicated funding sources. As a result, the budget remains structurally balanced from an ongoing operational perspective.
Documents Attached:
1. Attachment 1 - Resolution
2. Attachment 2 - Fiscal Year 2026-27 Budget Book <https://city-manteca-ca-cleardoc.cleargov.com/26200/1059418/d>
3. Attachment 3 - Capital Improvement Program 2027-2031 <https://city-manteca-ca-cleardoc.cleargov.com/24333/1010891/d>
4. Attachment 4 - Budget-in-Brief <https://city-manteca-ca-cleardoc.cleargov.com/26298>
5. Attachment 5 - Presentation