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Item 22 - Early Direction for Fiscal Year 2023-24 Budget Cycle
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04/18/2023 Special and Regular
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Item 22 - Early Direction for Fiscal Year 2023-24 Budget Cycle
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8/10/2023 5:00:17 PM
Creation date
8/10/2023 5:00:09 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
22
Date
4/18/2023
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UPDATED10-YEAROUTLOOK <br />Includes: <br />•Baseline Budget, before <br />adjustments <br />•Debt pay-offs <br />•Measure X rate decrease <br />⚬1.5% to 1.0% in 2029 <br />•CPI increases FY24-25 and later <br />•OC Streetcar ops begin FY24-25 <br />Does not include: <br />•Impact of potential future <br />recession <br />•New services <br />•Potential revenue increases from <br />new development <br />Page 9 of 18
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