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Item Number: I.1.
CITY COUNCIL REPORT
SUBJECT:
Resolution No. 2641 - 2027 Tentative Budget
MEETING DATE:
May 12, 2026
TO:
Mayor and Council
FROM:
Kevin Artz, Chief Financial Officer
REVIEWED:
Reyes Medrano, Jr., City Manager
PURPOSE:
The Finance department is requesting adoption of Resolution No. 2641, adopting the tentative estimates of the
amounts required for the public expense for the City of Tolleson for Fiscal Year 2027; adopting a tentative
budget in the amount of $247,153,697; setting forth the receipt and amounts estimated collectible for the fiscal
year; giving notice of the time for the hearing of taxpayers, for adoption of the budget and for fixing tax levies.
BACKGROUND:
On March 24, 2026, staff presented the revenues and property tax rate analysis for all funds.
On April 15, 2026, staff presented the expenditure requests for all departments in the General Fund.
On April 28, staff presented the expenditure requests for all other funds in the City.
DISCUSSION:
The Budget team has met with each department and a balanced budget has been prepared for FY 26/27. The
City Manager recommended budget, which was presented to Council in March and April, totaled
$244,078,697.
There are changes to the budget that was presented to Council in April. The following items have been added
to the budget, based on Council direction and projects that need to be carried over:
Increase funding for TIA and VIVA in the Council Budget
$ 90,000
Increase funding for City Promotions
35,000
Carryover for Sewer projects not completed (Lift station 20)
2,775,000
Carryover in Water (Generator and Well 7)
175,000
Total increase
$ 3,075,000
The following table presents the projected beginning fund balance, estimated revenues, transfers in and out,
requested expenditures and estimated ending fund balance.
BUDGET IMPACT:
NA
RECOMMENDATION:
Staff recommends that Council adopt Resolution No. 2641, setting forth the tentative budget for Fiscal Year
2027, in the amount of $247,153,697.
ATTACHMENTS:
1.
Res 2641 FY 2027 Tentative Budget 05 12 26