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AGENDA ITEM <br />Date: June 8, 2026 <br />Title: Preliminary Budget and Levy Guidance <br />Presenter: Maggie Jin, Finance Director <br />Section: Work Session Item <br />Item: 1 <br />Purpose: <br />The purpose of this item is to receive preliminary budget and levy expectations and guidance from <br />the City Council. <br />2. Staff Recommendation: <br />Provide staff directions on 2027 budget expectations and guidance. <br />COUNCIL ACTION REQUESTED <br />Provide staff directions on 2027 budget expectations and guidance. <br />Exhibits <br />A. Budget Memo and Attachments 2026.06.08 <br />B. Preliminary Budget and Levy Guidance Presentation <br />C. LMC Guide on Municipal Budgeting <br />2 <br />