title
CC:SA:HA:PA - ACTION ITEM: (1) Discussion of the City Manager's/Executive Director's Proposed Budget for Fiscal Year 2026-2027; and (2) Direction to the City Manager as Deemed Appropriate.
body
Meeting Date: May 26, 2026
Contact Person/Dept.: Stephen Agostini/Finance Department
Phone Number: (310) 253-6016
Fiscal Impact: Yes [X] No [] General Fund: Yes [X] No []
Attachments: Yes [X] No []
Public Notification: (E-Mail) Meetings and Agendas - City Council (05/21/2026)
Department Approval: Stephen Agostini, Chief Financial Officer (05/20/2026) _____________________________________________________________________
RECOMMENDATION
Staff recommends the City Council, Successor Agency to the Culver City Redevelopment Agency (Successor Agency) Board, Housing Authority Board, and Parking Authority Board discuss the City Manager's/Executive Director's Proposed Budget for Fiscal Year 2025-2026 (Proposed Budget) for the City, the Successor Agency, the Housing Authority and the Parking Authority and provide other direction to the City Manager as Deemed Appropriate.
BACKGROUND/DISCUSSION
In accordance with Section 801 of the Culver City Charter, which requires that a proposed budget be submitted to the City Council at least 45 days prior to the beginning of each fiscal year, the City Council and Boards for the Successor Agency, Housing Authority and Parking Authority were provided with the Proposed Budget for Fiscal Year 2026-2027 on May 11, 2026.
The Proposed Fiscal Year 2026-2027 Budget and associated presentation are available online at <https://www.culvercity.org/City-Hall/City-Departments/General-Info-Finance/Annual-Budget>. The City Manager’s Budget Message provides an overview of the budget and the financial outlook for the City. Attachment 1 includes the budget slides that were presented at the May 11, 2026 meeting.
Staff recommends the City Council, Successor Agency to the Culver City Redevelopment Agency (Successor Agency) Board, Housing Authority Board, and Parking Authority Board discuss and provide direction to the City Manager/Executive Director on proposed budget as deemed appropriate.
ATTACHMENTS
1. 2026-05-26_ATT_Budget Presentation at the May 11, 2026 City Council meeting
recommended action
MOTION(S)
That the City Council, and the Successor Agency, Housing Authority and Parking Authority Boards:
1. Discuss the Proposed Budget for Fiscal Year 2026-2027; and
2. Provide direction to the City Manager as deemed appropriate.