Title
Approval of an Ordinance Adopting the 2026 Operating, Special Funds, Capital Budget and Capital Facilities Plan: 2026-2031 Financial Plan
Recommended Action
Committee Recommendation:
Move to accept the Finance Committee's recommendation to adopt the 2026 Operating, Special Funds, Capital Budget and Capital Facilities Plan and forward to second reading.
City Manager Recommendation:
Move to approve on first reading, and forward to second reading, the Ordinance adopting the 2026 Operating, Special Funds, Capital budgets and the Capital Facilities Plan: 2026-2031 Financial Plan.
Report
Issue:
Whether to approve the ordinance adopting the 2026 Operating, Special Funds and Capital Budget and the Capital Facilities Plan: 2026-2031 Financial Plan and forward to second reading.
Staff Contact:
Joan Lutz, Budget and Finance Manager, 360.753.8760.
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
State law requires the City Manager to present a balanced Preliminary Operating Budget and Capital Budget to Council each year. By State law, the budget must be adopted no later than December 31. The City Council's Finance Committee met throughout the year to review, discuss and provide directions to the City Manager on the 2026 Preliminary Operating Budget, Capital Budget and the Capital Facilities Plan (CFP) which includes the 2026-2031 Financial Plan.
Operating Budget
The Preliminary Operating Budget was presented to Council on October 14, 2025. A public hearing on Ad Valorem was held on November 10, 2025, and a public hearing on the Operating Budget on November 3, 2025, and November 18, 2025. Finance Committee met on November 19, 2025, to prepare a final recommendation which was presented to the full Council on November 25, 2025. Since the Preliminary Operating Budget was presented adjustments in revenues and expenditures were made. Major changes to the Operating Budget were discussed with Council on November 25, 2025, and are included in th...
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