HomeMy WebLinkAbout2025-02-06; Arts Commission; 02; Fiscal Year 2025-26 Budget Policies and TimelinesMeeting Date: Feb. 6, 2025
To: Arts Commission
From: Fiona Everett, Senior Management Analyst
Staff Contact: Fiona Everett, Senior Management Analyst
fiona.everett@carlsbadca.gov, 442-339-2014
Subject: Fiscal Year 2025-26 Budget Policies and Timelines
District: All
Recommended Action
Receive the fiscal year 2025-26 budget policies and timelines report.
Executive Summary
Staff will share the city’s FY 2025-26 operating budget policies and timelines.
Explanation & Analysis
None.
Community Engagement
The city typically offers a community budget workshop in the spring.
Fiscal Analysis
No financial impact.
Next Steps
None.
Environmental Evaluation
This item does not require environmental review because it does not constitute a project within
the meaning of the California Environmental Quality Act under California Public Resources Code
Section 21065 in that it has no potential to cause either a direct physical change in the
environment or a reasonably foreseeable indirect physical change in the environment.
Exhibits
None.
ARTS COMMISSION
Feb. 6, 2025 Item #2 Page 1 of 1
Staff Report
FY 2025-26
Budget Policies & Timelines
Fiona Everett, Senior Management Analyst
Library & Cultural Arts Department
February 6, 2025
{ City of
Carlsbad
TODAY’S PRESENTATION
•City Council Strategic Plan
•Budget Guiding Principles
•Economic Environment
•FY 2025-26 Budget Directives
•Department Strategy
•Timeline
ITEM 2: FY 2025-26 BUDGET
2
{ City of
Carlsbad
3
CITY COUNCIL STRATEGIC PLAN
•Adopted in Oct. 2022
•5-year vision for the city
•Guides prioritization of programs and projects
within departments
•The annual adopted budget is the work plan
for implementation of the strategic plan
ITEM 2: FY 2025-26 BUDGET
( City of
Carlsbad
4
STRATEGIC PLAN THEMES
•Community character
•Quality of life and safety
•Sustainability and the natural environment
•Economic vitality
•Organizational excellence and fiscal health
ITEM 2: FY 2025-26 BUDGET
{ City of
Carlsbad
CULTURAL ARTS IN THE STRATEGIC PLAN
Community Character
•Programs that enhance wellness, socialization, inclusion
and active living
Economic Vitality
•Partnerships with local and regional business support
organizations
ITEM 2: FY 2025-26 BUDGET
5
( City of
Carlsbad
BUDGET AND ECONOMIC ENVIRONMENT
•Rising costs
–Inflation has slowed but prices in key areas still high compared to pre-
COVID
•High uncertainty in the economy
•Aging Infrastructure
•Pension Funding
•Service costs are outpacing revenues
•Finding ways to maintain fiscal sustainability with slower revenue growth
ITEM 2: FY 2025-26 BUDGET
6
{city of
Carlsbad
7
BUDGET DIRECTIVES
•Supplemental and personnel requests will be
considered for critical needs or legal mandates
•Fiscal sustainability with respect to new,
ongoing spending
ITEM 2: FY 2025-26 BUDGET
{ City of
Carlsbad
FY 2025-26 DEPARTMENT STRATEGY
•Continue to deliver world class programs and services
•Fiscal sustainability
•Examine and prioritize service areas to ensure they are
aligned with community needs
•Critical needs that are unmet?
•Staff training and professional development
ITEM 2: FY 2025-26 BUDGET
8
{city of
Carlsbad
9
BUDGET TIMELINE
Date
FEBRUARY 14
Budgets submitted
to budget team
ONGOING
Finance reviews,
meets and works
with departments
MAY 22
Community Budget
Workshop
MARCH 20
L&CA Department
meets with City
manager
June 17
Public Hearing &
Budget Adoption by
City Council
MAY 20
Preliminary Budget
presentation to City
Council
ITEM 2: FY 2025-26 BUDGET
{city of
Carlsbad