Fiscal Year 2026
Coverage of Fiscal Year 2026 in the Nexus archive.
- South Lake Parking Commission to Review On-Street Meter Fund Report Showing Sharp Revenue Drop
The South Lake Parking Place Commission will review a financial report showing a projected $92,000 revenue shortfall for the 2026 fiscal year from on-street parking meters. The report, prepared by the Pasadena Department of Transportation, is an information-only item and will not require binding action.
- Trump targets Biden-era billion-dollar Smithsonian budgets amid anti-'woke' push
The Trump administration is proposing to reduce the Smithsonian's budget below $1 billion for fiscal years 2026 and 2027, reversing Biden-era increases that reached $1.24 billion in 2024. The move aligns with efforts to eliminate 'woke' ideology from federally funded museums and programs, including a 162-page White House report recommending reforms to the institution's exhibits, leadership, and spending priorities.
- City Council Approves $10.8 Million in Fiscal Year 2026 Budget Amendments
The City Council approved $10.8 million in Fiscal Year 2026 budget amendments, increasing spending on legal services, police fleet maintenance, and housing programs. The amendments add $10,806,108 in expenditures and $2,750,108 in new revenue, with the General Fund's unappropriated balance decreasing by $3.536 million.