REPORT TO PLANNING COMMISSION
SUBJECT
Title
Review Planning Program Budget and Fees for FY 2025/2026.
Report
REPORT IN BRIEF
Boards and Commissions are asked to provide comments to the City Council on the recommended City budget where it could affect the Commission's work. Staff recommends that the Commission review the following sections of the FY 2025/2026 Recommended Budget (see link in Attachment 1):
* City Manager's Memorandum, pages 5-10
* Budget Summary Highlights, pages 11-33
* Community Development Department (CDD) Budget Summary, pages 159-176
ENVIRONMENTAL REVIEW
The recommendation of the Planning Commission on the budget is not subject to environmental review because it is a fiscal or administrative activity that will not result in direct or indirect changes to the physical environment (CEQA Guidelines Section 15378(b)(4), (5)).
DISCUSSION
Sunnyvale's budget process alternates each year between the operating budget and the projects budget. This year is focused on the projects budget. While the last two budget cycles were reflective of uncertainty around the COVID-19 pandemic, the current projects budget reflects a balanced budget in the short and long term, despite the current environment marked by economic uncertainty, inflationary pressures, and shifts in state and federal funding. As described in the City Manager's Memorandum, the strength of the City's long-term planning and disciplined practice of maintaining strong reserve balances will allow it to continue delivering core services while retaining the flexibility to adjust as needed.
City Budget Summary Highlights
The 2025/26 operating budget for all funds totals $779.8 million, up $49.8 million from FY 2024/25. Top revenues include Taxes, Service Fees, Utility Rates and Impact Fees. These top revenues are anticipated to increase by a total of $8 million due to increased property values. Expenditures for the City include various capital projects, strategic initiatives, and multi-year pr...
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