City Council

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