City Council

11. Draft Budget for Fiscal Year 2025-2026\nRecommendation: The draft budget for the City of Calabasas for Fiscal Year (FY)\n2025-2026 is hereby presented to the City Council. This report will present a\nsnapshot of the budget and a summary of major revenues and expenses. The\nreport also identifies changes from the current FY 2024-2025 budget to the\nrecommended FY 2025-2026 budget. The draft budget was presented to the\nBudget Standing Committee on May 8, 2025. Staff requests direction form the\nCouncil in order to prepare the final budget document for adoption on June 11,\n2025.\nVERBAL REPORTS