Budget & Financial Plans
Purpose of the Budget:
- To set goals objectives, and service levels for the City to meet during the next year (thus insuring the provision of City services to Milpitas residents).
- To estimate and allocate the money the City will take in and spend during the year.
Fiscal Year 2021-2022 Annual Budget Development:
On January 26, 2021, the City Council kicked off the annual budget process with the Preliminary FY 2021-22 Budget Study Session. As presented at the study session, as part of the annual budget process, staff proposed a robust community outreach program including a multilingual statistically valid poll, a Budget Survey for community input regarding the Council Priority Areas, and virtual community budget meetings. Per the, FY 2021-22 Budget Calendar, the City Manager is scheduled to release the FY 2021-22 Proposed Budget, which is scheduled to be discussed by the City Council on May 11 and adopted on June 1.