City Council Special Meeting - Study Session - 2026-04-07
Votes on Receive and File FY27 Budget Presentation, unanimous (carried)
What happened
The Long Beach City Council held a budget study session presenting the FY27 budget outlook, which projects a $61.3 million structural deficit driven by declining property tax, sales tax, and utility users tax revenues, plus $302 million in federal funding losses or delays.
- Jurisdiction
- Long Beach, CA
- Governing body
- Final authority
- Date
- April 7, 2026
- Decisions
- 1 zoning decision
- Outcome
- Voted, unanimous (carried)
Meeting Summary
The Long Beach City Council held a budget study session presenting the FY27 budget outlook, which projects a $61.3 million structural deficit driven by declining property tax, sales tax, and utility users tax revenues, plus $302 million in federal funding losses or delays.
Key Decisions (1)
Receive and File FY27 Budget Presentation
Market Signals (5)
Housing Demand
Tourism recovery in Long Beach is outpacing San Diego, Anaheim,…
Infrastructure
The city has experienced its highest infrastructure investment in a…
Sentiment
Eight of California's ten largest cities are projecting budget deficits,…
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