City Overcomes $7 Million General Fund Revenue Shortfall, Submits Balanced Proposed Budget for FY 2026
CORPUS CHRISTI, TX – Today, City Manager Peter Zanoni provided the City Council with the Fiscal Year 2026 Proposed Operating & Capital Budget before the first Council Budget Workshop scheduled for August 7.
Early projections for the Fiscal Year 2026 General Fund assumed little revenue growth, resulting in a forecasted $7 million shortfall compared to the City's expenditures. However, the City Manager's Office and Office of Management and Budget collaborated with all City departments to develop a balanced proposed budget and maintain sound fiscal management of the organization. This was accomplished through a combination of cost reductions and revenue adjustments. The proposed budget also includes select improvements to meet Council priorities and community feedback, as well as mandated cost increases to meet contractual obligations and staff and operate bond program projects.
The All-Funds proposed budget is lower by 12.1 percent from $1.8 billion in FY 2025 to $1.6 billion in FY 2026.
The next step in the Fiscal Year 2026 Budget Process is to collect feedback from the City Council and the community through budget workshops and community input sessions. Below are the schedules for the City Council Workshop Sessions at City Hall and the Community Input Sessions throughout the city.
FY 2026 Budget - City Council Workshop Sessions
|
Date |
Time |
Topics |
|
August 7 |
9:00 a.m. - 1:00 p.m. |
FY 2026 All Funds Budget Overview and General Fund Proposed Budget |
|
August 13 |
9:00 a.m. - 1:00 p.m. |
Corpus Christi Water, FY 2026 Operating and Capital Improvement Program Proposed Budget and Rates |
|
August 21 |
9:00 a.m. - 1:00 p.m. |
Corpus Christi Water continued; Public Works: Streets & Storm Water; FY 2026 Operating and Capital Improvement Program Proposed Budget |
|
August 28 |
9:00 a.m. - 1:00 p.m. |
Remaining Capital Improvement Program; Budget Wrap Up |
FY 2026 Budget - Community Input Sessions
|
Date |
Time |
District |
Location |
|
August 7 |
6:00 - 7:00 p.m. |
3 |
Corpus Christi Gym (Cabaniss Parkway) |
|
August 13 |
6:00 - 7:00 p.m. |
4 |
Ethel Eyerly Senior Center |
|
August 14 |
6:00 - 7:00 p.m. |
5 |
Corpus Christi Police Training Academy |
|
August 18 |
6:00 - 7:00 p.m. |
4 |
Seashore Learning Center (The Island) |
|
August 20 |
6:00 - 7:00 p.m. |
1 |
Northwest Senior Center (Calallen) |
|
August 25 |
6:00 - 7:00 p.m. |
1 |
Oveal Williams Senior Center |
|
August 27 |
6:00 - 7:00 p.m. |
2 |
Greenwood Senior Center |
The City Council will consider a first reading of the Fiscal Year 2026 Proposed Operating and Capital Budget on September 2. A second reading is scheduled for the following week on September 9. The City's Fiscal Year 2026 Budget will commence on Wednesday, October 1, 20252025, and end on Wednesday, September 30, 2026.
To see the proposed budget, visit FY 2026 Budget Development Information | City of Corpus Christi.
For more information, media representatives can contact Public Information Manager Robert Gonzales at 361-826-3233 or email robertg8@cctexas