Zephyr Park Redevelopment

Council Reviews Proposed $186.9 Million Budget

Council reviewed a proposed FY 2026-27 budget of approximately $186.9 million, with a proposed 6.25-mill property tax rate. Staff estimated that Amendment No. 3 could reduce General Fund revenue by about $2.3 million in its first year and $3.2 million to $3.5 million in later years if approved by voters. Updated construction estimates for Zephyr Park exceed the original budget by approximately $9 million.