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Presentation - Item 24 - Budget Workshop
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Presentation - Item 24 - Budget Workshop
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5/20/2026 12:18:56 PM
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5/20/2026 12:18:28 PM
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City Clerk
Agency
Finance & Management Services
Item #
24
Date
5/19/2026
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City Council may select one of the following two options : <br />UNFUNDED 1X NEEDS FOR CONSIDERATIONFOR CONSIDERATION <br />**The draft budget includes a $1.5 million contribution to the <br />Pension Trust. If the City Council chooses Option 2, the <br />additional $500,000 will bring the total to $2.0 million for <br />FY26 -27. <br />*NOTE: If City Council selects Option 1, the City would assess the feasibility of using half the land for a park and half for affordable housing. <br />15
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