City Council Agenda
Memo to:
Manteca City Council
From:
Matthew Boring, Finance Director
Prepared by:
Lana McBroom, Budget Manager
Date:
June 2, 2026
Subject:
Conduct a Budget Study Session for the Proposed Fiscal Year 2026-27 Annual Budget
Recommendation:
title
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...
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