Civic Issues
Topics getting the most attention in Tustin public meetings, ranked by how frequently they are discussed.
8 issues in taxes budget
Fiscal Year 2025-2026 General Fund Closeout and Financial Health
The city closed out the fiscal year with a balanced budget, a 33% reserve fund, and stable revenue growth from sales and property taxes. While city leaders celebrated the strong financial footing and investments in parks and Old Town, council members debated ongoing long-term obligations like pension costs and temporary shelter funding.
August 2026 City Investment Portfolio Review
Tustin's investment portfolio is performing well, holding over $250 million in assets with strong liquidity and full compliance with state and local guidelines.
Financial Statement Audit Scope and Standards
Independent auditors reviewed Tustin's financial statements for the fiscal year ending June 30, 2025, awarding the city an unmodified opinion—the highest possible evaluation. The review included testing on federal grants, loans receivable, and new accounting standards for employee leave.
Fiscal Year 2026-2027 Preliminary Budget and Sustainability Strategy
The council adopted a balanced $123 million operating and capital budget that keeps public safety as its top focus and maintains healthy general fund reserves above 20 percent. The spending plan continues progress on paying down unfunded pension liabilities.
Selection of Independent Municipal Auditor
The Audit Commission evaluated eight proposals from accounting firms and recommended Davis Farr LLP to conduct the city's annual audits for the next three years.
Fiscal Year 2025-2026 Mid-Year Budget & Surplus
Tustin's mid-year budget shows a positive $600,000 operating surplus rather than a projected deficit, allowing the city to maintain a 24% reserve without needing land sale proceeds for day-to-day operations.
Fiscal Year 2024-2025 Annual Financial Audit
Independent auditors reviewed Tustin's financial statements for the fiscal year ending June 30, 2025, awarding the city an unmodified opinion—the highest possible evaluation. The review included testing on federal grants, loans receivable, and new accounting standards for employee leave.
November 2025 Investment Portfolio Review
The city's investment managers reviewed portfolio holdings, noting that Tustin maintains adequate liquidity and strong capital preservation amidst shifting federal interest rates.