Release of the FY 2021-22 Proposed Budget

Published on April 30, 2021

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Today, in accordance with the City Charter, City Manager Ed Shikada released the City of Palo Alto's Fiscal Year 2022 Proposed Operating Budget and Fiscal Year 2022 Proposed Capital Budget along with the 2022-2026 Capital Improvement Plan (CIP). A new blog summarizes aspects of his Budget Message, which shares details about the upcoming budget process, provides more on the recommended balancing strategies and service reductions, and other fiscal elements associated with another year of challenging budget deliberations ahead. The Proposed Budget balancing strategy addresses the community’s immediate service needs, while positioning Palo Alto to restore services and evolve as recovery takes shape. The proposed budgets are based on City Council direction to use the Long-Range Financial Forecast (LRFF) Scenario B for financial planning, which outlines a conservative financial balancing approach assuming an extended community recovery from the current pandemic over a three to five-year period.

The budget process proposed provides an opportunity to advance public discussions on how to most effectively resource services that have the greatest impact on the community. To that end, there are a series of conversations planned with the Finance Committee, City Council and community coming up and the City encourages the community to share input through this iterative process.

Read the full blog post.

Read the City Manager's Budget Message.

Read the Proposed Operating Budget.

Read the Proposed Capital Budget. 

 

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