REPORT TO COUNCIL
SUBJECT
Title
City Council Adoption of the Fiscal Year 2026/27 Budget, Fee Schedule and Appropriations Limit, and Sunnyvale Financing Authority Adoption of the Fiscal Year 2026/27 Budget
Report
BACKGROUND
The City Manager's Fiscal Year (FY) 2026/27 Recommended Budget was provided to the City Council on May 6, 2026, and made publicly available on the City's website on May 7, 2026.
On May 19, 2026, the City Council held a budget workshop to review the Recommended Budget and the twenty-year resource allocation plan in depth.
On June 2, 2026, the City Council held a public hearing on the FY 2026/27 Recommended Budget and Appropriations Limit, as well as a separate public hearing for the Fee Schedule. Notification of the hearing was sent to those who specifically requested notice of fee increases per the provisions of California Government Code section 66016(a).
On June 16, 2026, the City Council has the opportunity to adopt the FY 2026/27 Budget, Fee Schedule, and Appropriations Limit, which must be adopted by June 30 per the City Charter and state law.
The FY 2026/27 Recommended Budget also includes the annual budget for the Sunnyvale Financing Authority, the governing body established to provide debt service. The only appropriation for the Financing Authority is the annual debt service payment for the new Civic Center bond issuance. The Sunnyvale Financing Authority Board held a public hearing for the Authority's FY 2026/27 Budget on June 2, 2026. On June 16, 2026, the Authority also has the opportunity to adopt its FY 2026/27 Budget.
EXISTING POLICY
The California Constitution Article XIIIB requires that the City annually adopt an appropriations limit for the upcoming fiscal year.
California Government Code Section 6508 requires that any annual budget of the agency to which the delegation is made must be approved by the governing body of the Joint Powers Agency (Sunnyvale Financing Authority).
City Charter, Section 1304 requires the ...
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