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FY26-27 Budget OutlookThe City’s Ten-Year Outlook indicated an $8.5 million deficit in Fiscal Year 26-27.In addition…Labor negotiations o5% in FY25-26 and 4% in FY26-27 vs. Outlook 4% and 2.6% (based on CA DOF forecasted CPI). oHigher increases = increased cost for FY26-27Updated CalPERS Actuarial Valuation oreceived August 2025 orequires $2.2 million additional contribution for FY26-27Outlook assumes $4.2 million sales tax increase, current forecast is a $0.9 million increase OCTA indicated our total contribution for Streetcar may be $2 million ($1 million in the Outlook)OCFA wants to add $2.5 million for a dedicated 24/7 paramedic unitBottom Line: Potential FY26-27 starting deficit: $20 million (4.8%)19