The San Luis Obispo City Council will meet Thursday for its first of several meetings to begin the goal-setting and financial planning process for the 2015-17 budget years.
The meeting will be held at 6 p.m. in the council chambers at 990 Palm St.
The council will discuss the status of its current city goals such as addressing homelessness, neighborhood wellness and expansion of bicycle and pedestrian paths. The council will talk about major long-term capital improvement projects such as upgrades to the city water reclamation facility and a new interchange at Prado Road and Highway 101.
A general fund five-year fiscal forecast for 2015-20 will be presented to the council in December, which will include the cost estimates for retirement benefits for city employees — a cost expected to escalate in coming years.
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A community forum will follow in January to set the goals for upcoming two-year budget.