Summary
Following City Council approval of the FY26 budget and the Mayor signing the budget bills into law, the Parker Administration has updated the Five-Year Financial Plan for Fiscal Years 2026 through 2030 (FY26-30) to reflect amendments to the FY26 budget and updated expectations for expenditures and collections over the life of the Plan. The FY26-30 Five-Year Plan projects that the General Fund balance will fall from $471 million in FY26 to a low of $45 million in FY29. Revenues are expected to grow by 9.1% over the Plan, while expenditures are expected to increase by 0.6% over the Plan.