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City of Newark / City Council Regular Meeting 05-28-26
Thursday, May 28, 2026
Newark City Council Reviews Draft Biennial Budget and Capital Improvement Plan
The City Council reviewed the draft 2026-2028 biennial budget and the 2026-2031 Capital Improvement Plan (CIP). The budget includes proposed additions for personnel and non-personnel items, aiming to maintain current service levels while addressing long-term fiscal sustainability. The CIP includes numerous projects across various departments with recommended funding. Key discussions included potential adjustments to reserve targets, the impact of the Utility Users Tax sunset, the need for competitive staff salaries, and the inclusion of specific CIP projects. The council also reviewed the financial health of the city, noting strong reserve balances and conservative forecasting, while acknowledging future expenditure growth outpacing revenues.
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