Legislation Details

File #: 26-0328    Version: 1
Type: *Public Hearing - Staff Report Status: Agenda Ready
In control: City Council Regular Meeting
On agenda: 6/2/2026 Final action:
Title: Conduct Public Hearing and Consideration of Resolutions Adopting the Fiscal Year 2027 Operating Budget and the Gann Appropriations Limit (Finance Director Bretthauer). (Estimated Time: 1 Hr.) A) CONDUCT PUBLIC HEARING B) ADOPT RESOLUTION NOS. 26-0049 AND 26-0050
Attachments: 1. Resolution No. 26-0049 (Budget Adoption and Exhibit "A"), 2. Resolution No. 26-0050 (Gann Appropriations Limit and Calculation), 3. Fiscal Year 2027 Proposed Budget (Web-Link Provided), 4. List of Fiscal Year 2027 Deferred Budget Enhancements, 5. CERT Funding Request, 6. PowerPoint Presentation
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TO:
Honorable Mayor and Members of the City Council

THROUGH:
Talyn Mirzakhanian, City Manager

FROM:
Libby Bretthauer, Finance Director
Julie Bondarchuk, Financial Controller
Emy-Rose Hanna, Financial Services Manager
Alexis Motonaga, Budget and Financial Analyst

SUBJECT:Title
Conduct Public Hearing and Consideration of Resolutions Adopting the Fiscal Year 2027 Operating Budget and the Gann Appropriations Limit (Finance Director Bretthauer).
(Estimated Time: 1 Hr.)
A) CONDUCT PUBLIC HEARING
B) ADOPT RESOLUTION NOS. 26-0049 AND 26-0050

Body
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RECOMMENDATION:
Staff recommends that the City Council: (1) Conduct a public hearing; (2) Adopt Resolution No. 26-0049 adopting the Fiscal Year (FY) 2027 Operating Budget, including Financial Policies; and (3) Adopt Resolution No. 26-0050 establishing the Gann Appropriations Limit for FY 2027.

FISCAL IMPLICATIONS:
The Fiscal Implications of adopting the FY 2027 Budget are addressed in detail within the Discussion section of this report.

BACKGROUND:
On May 5, 2026, at the Regular City Council Meeting, the initial FY 2027 Proposed Budget was presented in a budget overview outlining revenues, expenditures, and changes in the fund balance resulting from transfer activity. Based on feedback from this meeting, City Council directed staff to explore further cost containment strategies and revenue enhancement measures to mitigate impacts on fund balance.

At the Budget Study Session Meeting on May 12, 2026, the budget presentation focused primarily on the operational budgets of each department, including performance metrics, by-the-numbers, and key objectives for each of the City's nine departments.

The Budget Presentation was requested to be continued on June 2, 2026, for the City Council to discuss follow-up items.
DISCUSSION:
Proposed Budget Recap
The Proposed Budget is attached and available on the City's website at www.manhattanbeach.gov/Budget. For highlights,...

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