Napa Housing Authority Public Hearing For Mid-Cycle Budget Update

NAPA VALLEY, CA — Napa Housing Authority officials will review a proposed mid-cycle update to the Fiscal Year 2026/27 budget on May 19, weighing adjustments that increase both revenues and expenditures by $1.1 million as part of a routine financial recalibration tied to federal and state funding shifts.

The Housing Authority’s two-year budget, originally adopted June 17, 2025, projected $24.1 million in revenues and $25.1 million in expenditures, leaving a planned $1 million draw on fund balance. The revised proposal maintains overall alignment between revenues and spending while updating assumptions based on anticipated funding levels and operational costs.

Staff say the mid-cycle update is designed to reflect current fiscal trends and accommodate increased administrative and operational needs across Housing Authority programs. Detailed line-item changes are outlined in a report.

The May 19 meeting is intended to give residents an opportunity to comment and allow the Housing Authority to direct staff on final revisions before returning the document for formal approval at a June 2 meeting.