Legislation Details

File #: 26-154    Version: 1 Name:
Type: Public Hearing Status: Agenda Ready
File created: 6/9/2026 In control: City Council
On agenda: 6/23/2026 Final action:
Title: Continued Public Hearing on Proposed FY 2026-27 City of Hercules Annual Budget Plan including the First Year of theTen-Year 2026-2036 Capital Improvement Plan (CIP) Budget RECOMMENDATION: Open the continued Public Hearing, receive a Staff Report, take public testimony, close the Public Hearing, and adopt the following resolutions (Attachments 1-3): 1. Approving the FY 2026-27 City of Hercules Budget Plan which includes the First Year (2026-27 Fiscal Year) of the Ten-Year (2026-2036 Fiscal Years) Capital Improvement Plan (CIP) Budget and making certain designations and fund balance adjustments, approving annual contracts for services in total amount of $7,933,656. 2.Approving the FY 2026-27 Hercules Public Financing Authority Budget Plan Consisting of Debt Service in the amount of $2,025,144. 3. Establishing the Appropriations Limit for the FY 2026-27 in accordance with Proposition 111 and Article XIII B.
Attachments: 1. Staff Report, 2. Attach 1 - Resolution - City Budget FY 2026-27, 3. Attach 2 - Resolution - PFA FY 2026-27, 4. Attach 3 - Resolution - GANN Limit FY 2026-27, 5. Exhibit A - GANN Limit Calculation - FY 2026-27, 6. Attach 4 - Proposed FY 26-27 Annual Budget
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
No records to display.

Title

Continued Public Hearing on Proposed FY 2026-27 City of Hercules Annual Budget Plan including the First Year of theTen-Year 2026-2036 Capital Improvement Plan (CIP) Budget

RECOMMENDATION:

Open the continued Public Hearing, receive a Staff Report, take public testimony, close the Public Hearing, and adopt the following resolutions (Attachments 1-3):

 

1. Approving the FY 2026-27 City of Hercules Budget Plan which includes the First Year (2026-27 Fiscal Year) of the Ten-Year (2026-2036 Fiscal Years) Capital Improvement Plan (CIP) Budget and making certain designations and fund balance adjustments, approving annual contracts for services in total amount of $7,933,656.

 

2.Approving the FY 2026-27 Hercules Public Financing Authority Budget Plan Consisting of Debt Service in the amount of $2,025,144.

 

3. Establishing the Appropriations Limit for the FY 2026-27 in accordance with Proposition 111 and Article XIII B.