Agenda 02/25/2025 Item #11 A (FY 2026 Budget Policy and guidance for budget Policy Adoption In March)2/25/2025
Item # 11.A
ID# 2025-591
Executive Summary
Recommendation to hear a presentation regarding FY 2026 budget policy and provide guidance as we move toward
budget policy adoption in March.
OBJECTIVE: To provide staff with guidance on key components of the FY 2026 budget policy.
CONSIDERATIONS: The Board's budget policy plays a crucial role in setting financial priorities and guiding the
allocation of resources for the fiscal year. For FY 2026, the County will continue to employ a priority -based budgeting
approach with the goal of aligning financial resources with the County's priorities and strategic objectives.
The budget policy discussion will allow the Board to provide staff with guidance related to key budget policy issues
including but not limited to:
• Employee Compensation
• Health Insurance
• Operating Control Lines
• Millage Rate Policy
• Capital Allocations
• Reserve Levels
This item is consistent with the Collier County strategic plan objective to safeguard taxpayer money by promoting fiscal
stewardship and sound budget oversight.
FISCAL IMPACT: This executive summary has no immediate fiscal impact.
GROWTH MANAGEMENT IMPACT: This executive summary has no immediate growth management impact.
LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, raises no legal issues and requires
majority vote for any Board action. -JAK
RECOMMENDATIONS: To accept the discussion on the FY 2026 budget policy and provide guidance.
PREPARED BY: Christopher Johnson, Director — Corporate Financial and Management Services
ATTACHMENTS:
None
Page 12 of 94