City Budget

The City of Palo Alto's budget, as approved by the City Council, reflects resource allocations consistent with City policies, goals, and priorities. It also communicates to our citizens and staff an action plan for the upcoming fiscal year, which includes program goals and the standards by which the delivery of services to the public will be measured.

Budget Documents

View archived budget documents.

Budget Process

Budget Overview

The City Manager releases a proposed budget every April in accordance with the City’s Charter, which include both a proposed Operating Budget and a proposed Capital Budget along with a five-year Capital Improvement Plan (CIP). The City’s Operating Budget supports services such as library, recreation, art and human services, and fire and police. The City’s Capital budget is focused on capital and infrastructure project investments. 

Of the City of Palo Alto’s General Fund operation budget, sixty percent of General Fund revenues go towards providing essential City’s services such as police and fire services, community and library services and more. The General Fund comprises approximately 25% of the total citywide expense budget. About 55% of all annual General Fund revenues are from taxes such as Property Tax, Sales Tax, and Transient Occupancy Tax. The remaining revenue sources include fees and charges from residents and businesses, charges to other funds for services provided, and rental income. The capital budget accounts for funding programmed to build, repair, and upgrade the City’s infrastructure such as roads, buildings, electric transmission lines, gas and sewer pipes, and the City’s fleet of vehicles.

“Our City at Work” is a services guide and complements the City of Palo Alto’s budget, highlighting the work that our staff do every day to support all Palo Alto residents. From our Fire Department to our Information Technology Department, we work together to deliver cost-effective services in a personal, responsive and innovative way.

View the City Services Guide(PDF, 27MB).

Last April, the City issued a community update on mid-year finance status update. Read this update here. 

FY 2025 Budget Process

Budget Meetings
FY 2025 Budget

Date Item Description and Meeting Materials

Monday,
May 6

City Council

 

City Manager Comments Reviewing the proposed Capital and Operating
Budgets and notices the start of public budgetary discussions in May.

 
Tuesday,
May 7
Finance
Committee

Budget Hearing / Workshop #1

Wednesday,
May 8

 

Finance
Committee

Budget Hearing/ Workshop #2

Monday,
May 13
City Council

Study Session

Wednesday, 
May 15
Community

Community Information Session

Tuesday,
May 21
Finance Committee 

Budget Wrap-up

Wednesday,
May 29 

 

Planning & Transportation
Commission

Review 2025-2029 CIP Compliance with the City's Comprehensive Plan

Tuesday, June 4

Finance Committee 

Budget Wrap-up #2 

Monday,
June 17

 City Council

 Budget Adoption 

FY 2024 Budget Process

Budget Meetings
FY 2024 Budget

Date Item Description and Meeting Materials

Monday, May 1

City Council

City Manager Comments Reviewing the proposed Capital and Operating
Budgets and notices the start of public budgetary discussions in May.

Friday, May 5 Finance
Committee

Budget Hearing / Workshop #1

Tuesday, May 9


Finance
Committee

Budget Hearing/ Workshop #2

Tuesday, May 16 Community

Community Information Session

Monday, May 22 City Council

Study Session

Tuesday, May 30 Finance Committee 

Budget Wrap-up

 Monday, June 19

 City Council

 Budget Adoption