Civic Issues
Topics getting the most attention in Milpitas public meetings, ranked by how frequently they are discussed.
6 issues in taxes budget
Successor Agency Bond Refinancing
The city is refinancing 2015 tax allocation bonds to lower debt payments. This is expected to generate about $1.4 million in savings, which gets shared among local tax entities and the city's general fund without costing taxpayers a dime.
User and Regulatory Fee Schedule Updates
The city considered a comprehensive fee study update to adjust user and regulatory fees for inflation and staff time, generating debate over steep increases in planning and building permits.
Municipal Bond Financing Education
The city council received a training session on how Milpitas uses municipal bonds and debt financing to fund major infrastructure projects like fire stations and water systems. Officials discussed credit ratings, debt service, and federal disclosure rules.
Business Tax Modernization Measure
Milpitas is asking voters to update its 50-year-old business tax system, shifting from an employee count model to a gross-receipts tax. Officials say it will create a fairer system for small businesses while raising an estimated $3 million annually for city services.
Fiscal Year 2026-27 Operating Budget and Structural Deficit
The council reviewed mid-year budget adjustments and ongoing fiscal strategies, including contract reviews and overtime assessments, to address structural deficits.
FY 2027-2031 Capital Improvement Program and Unfunded Infrastructure
The city is planning $206 million in capital investments over the next five years to maintain streets, upgrade parks, and improve water and sewer systems, though a funding gap of over $22 million remains for backlog projects.