City Budget

All news articles pertaining to Cupertino’s budget and financial situation.

  • Resident Uncovers $100K Cupertino Accounting Error

    Resident Uncovers $100K Cupertino Accounting Error

    After discovering over $100,000 in funds designated for affordable housing instead went to pay off a YIMBY lawsuit, San José Spotlight reports that Cupertino is “scrambling fix what city officials are calling an ‘accounting error.’” As the City continues to struggle with its budget deficit and residents endure budget cuts, the latest error drew more…


  • Cupertino’s 0% Interest Bank Account Raises Questions

    Cupertino’s 0% Interest Bank Account Raises Questions

    As Cupertino continues to face a budget deficit and cut services, a growing number of residents are questioning why approximately $48M in city funds are being held in an account that earns zero interest. Councilmember Kitty Moore flagged the account to staff, who confirmed that it does not earn any interest. Cupertino uses its Wells…


  • Latest Cupertino Budget Updates: January 2024

    Latest Cupertino Budget Updates: January 2024

    The January 17, 2024 City Council meeting to discuss potential budget cuts (“Service-Level Reductions (SLRs)”) revealed a bloated budget, long-standing accounting errors, and further confirmed out-of-control spending. There were no significant staffing reductions or cutbacks for City employees. A Closer Look at Service Level Reductions Remarkably, over $2.2M of the proposed Service Level Reductions were…


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