In a recent government meeting, officials outlined the proposed biennial budget for 2025-2026, totaling $2.1 billion, which remains consistent with the previous budget but reflects a 2.2% increase primarily in the capital budget. The operating budget is set at $1.5 billion, while the capital budget stands at $600 million. A significant portion of the budget is aligned with the city’s strategic plan, focusing on eight key areas.

The general fund, which is crucial for funding essential city services, is primarily supported by property and sales taxes. In the 2024 budget, nearly 52% of the general fund is allocated to police, fire, and public safety services. However, the city is facing a projected budget deficit of $43 million over the next six years. To address this shortfall, officials discussed a combination of budget reductions and new revenue sources, including an additional utility tax and funds from affordable housing and opioid settlements aimed at supporting homelessness services.

Budget reductions were implemented across various departments, with a specific focus on minimizing impacts on public safety. The police and fire departments experienced relatively minor reductions compared to other areas. For instance, legal services in the criminal division faced a $500,000 cut, while the police department's budget was reduced by approximately $600,000 due to reclassifications and decreased support.

The meeting highlighted the city's ongoing efforts to balance its budget while maintaining essential services, with further discussions planned for additional revenue sources and specific budget allocations in upcoming workshops.