Cupertino prides itself on being a financially stable organization and has been fortunate that revenues have outpaced expenditures for the last several years. With healthy reserves and projected surpluses in the next five years, the City is well positioned to continue enhancing services and addressing the primary needs of the community.
The Fiscal Year 2017/2018 Adopted Budget reflects a total City budget of $148.9 million, an increase of $15.6 million or 12% when compared to the FY 2017 Adopted Budget. The City’s General Fund is at $75.1 million, a decrease of $2.2 million or 3% from the FY 2017 Adopted Budget. This year the City has made strategic investments in the areas of transportation, emergency preparedness, senior recreation services, and Council staff support.
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