Budget and the resort bond payoff
Where it standsThe council unanimously adopted a 2026/27 budget that closed a roughly $42 million gap with parking-lot sale money and reserves.
What's on the tableHow to spend about $120 million a year that returns to the general fund once the 1997 resort bonds are paid off.
- The council adopted the Fiscal Year 2026/27 budget 7-0 on June 23, 2026. Anaheim City Council action agenda, June 23, 2026 · Jun 23, 2026
- The budget used money from the sale of a parking lot and borrowed from reserves to close a roughly $42 million gap. Voice of OC · Jun 24, 2026
- The interim city manager said about half of the $120 million in freed-up revenue will balance the existing structural deficit. Voice of OC · Jun 24, 2026
- The city expects more than $120 million a year in added general fund revenue by 2028, when the resort bonds are paid off. Orange County Register · Oct 1, 2026