Due to a state audit, Cupertino will lose $30M online sales tax per year.
For FY 2023-24, Cupertino reduced the budget to $110M (the budget was $130M for FY 2022-23), a $20M reduction compared to previous fiscal year. The $20M reduction was mainly Service-Level Reductions.
But there are still more than $10M deficit. The city expects the deficit to increase to $15M in next ten years.
In 2024, the city is seeking more measures to close the $10M deficit. The efforts include:
At the same time, Cupertino Voice performed some budget related surveys. One promising measure with voter approval is to “Scaling back the Staff Per 1,000 Residents to FY 2014-15 level". This measure alone could save the city about $9M per year. But the City Council haven't considered this measure.