FY 2425 2526 Recommended Operating Budget

Budget Overview

BUDGET TIMELINE The development of the budget is guided by the City of Morgan Hill ’ s strategic priorities, budget policies, long range fiscal sustainability, legal mandates, and service level prioritization. The budget process commences in January with the following goals in mind: • Align resources with City Council strategic priorities • Ensure sufficient revenues exist to deliver existing and proposed services and projects

• Prioritize both operational and capital expenditures • Advance the City ’ s commitment to fiscal sustainability

Important Dates

Event

February 2 and 3, 2024

City Council Goal Setting Workshop

May 3, 2024

Recommended Biennial Operating and Capital Improvement Program Budgets made available to the Community

May 11, 2024

Budget Outreach at Open Streets: Morgan Hill 2024

May 15, 2024

Recommended Biennial Operating and Capital Improvement Program Budgets presented to the Council at Regular Meeting

May 22, 2024

City Council Budget Workshop

June 19, 2024

Public Hearing and Budget Adoption

GENERAL INFORMATION 35