Mayor Todd Gloria Releases Preliminary FY 2027 City Budget

The City of San Diego held a meeting on April 16, 2026, to release and discuss the preliminary fiscal year 2027 draft budget, totaling $6.4 billion citywide with a $2.2 billion general fund. The budget addresses a $146 million structural deficit through $26 million in labor concessions, $76 million in expenditure reductions, and $44 million in additional revenues. Key procurement-related highlights include a proposed capital improvement program of $821 million focusing on infrastructure projects such as street repairs ($89 million), traffic safety ($60 million), stormwater infrastructure ($52 million), and convention center modernization. The budget protects core services like public safety, homelessness programs, and infrastructure investments while making cuts to arts and culture grants and reducing city staffing by 101 positions. The city emphasized a multi-year approach to fiscal stability, transparency, and collaboration with the city council during the budget adoption process scheduled for June 9, 2026. Potential impacts of reduced state and federal funding and the importance of maintaining new revenue sources were also discussed.