Long-Range Financial Plan

Financial Sustainability and Transparency is a key focus area for the City of Santa Cruz's Strategic Plan for 2023-2028. The specific strategy laid out to reach this outcome is to ensure that the City is on a strong financial trajectory, through planful investments and revenue development. This requires a long-range analysis of the City's financial status and the budget strategies that can be taken to continue down a strong financial path.

At the November 28, 2023 regular City Council meeting, the Council and public received a presentation from Baker Tilly (formerly Management Partners) on an updated 10-year Citywide Long-Range Finance Plan (CWLRFP). The CWLRFP demonstrates the financial impacts of future budget options available to the City. The overall outcome of conducting a long-range financial planning process will help the entire City determine solutions for both current and long term financial issues and opportunities. Provided below is both the agenda report and presentation from this City Council meeting.

• 10-year Citywide Long Range Financial Plan Agenda Report for the 11/28/2023 City Council Meeting(PDF, 630KB)
• 10-year Citywide Long Range Financial Presentation at the 11/28/2023 City Council Meeting(PDF, 3MB)

To view the City Council meeting on 11/28/2023 when the Long-Range Financial Plan presentation was discussed, view the 11/28/23 meeting video and navigate to the 4:30:00 time marker.