MAYOR’S PROPOSED BUDGET FY 2026
General Fund
Overview
Budget Presentation
JUNE 2, 2025
General Fund Overview
Revenues - $527.7 million2
JUNE 2, 2025 MAYOR’S PROPOSED BUDGET FY 2026
Beginning Carryover
$26.0
4.9%
Sales Tax
$143.8
27.2%
Property Tax
$202.6
38.4%
Charges for Current
Services
$47.6
9.0%
Room Tax
$16.5
3.1%
Business Tax
$23.6
4.5%
All Other Revenue
$67.7
12.8%
All Other Revenue Amount
(Millions)
Franchise Fees $ 23.6
Inter/Intra-Governmental 31.1
Cannabis 3.4
Prop 172/RE Transfer Taxes 6.8
Card Room 1.0
Other 1.8
Total $ 67.7
General Fund Overview
Revenue Detail3
JUNE 2, 2025 MAYOR’S PROPOSED BUDGET FY 2026
Category FY 2024
Actuals
FY 2025
Amended
FY 2025
Estimate
FY 2026
Proposed
Annual
Change
Sales Tax $ 146,316,600 $ 147,745,700 $ 140,321,200 $ 143,768,800 2.46% Property Tax 180,532,900 189,805,700 190,797,400 202,565,900 6.17% Business Tax 23,044,900 23,211,900 23,211,900 23,587,700 1.62% Room Tax 15,266,400 15,724,900 15,997,500 16,477,400 3.00% Charges for Current Services 44,488,500 43,170,200 45,073,000 47,589,100 5.58% All Other Revenue 61,739,600 60,854,000 60,072,100 67,731,500 12.75% Total Operating Revenue $ 471,388,900 $ 480,512,400 $ 475,473,100 $ 501,720,400 5.52% Prior Year Carryover 55,907,500 27,227,800 33,641,600 25,950,000 (22.86%) Total Revenues $ 527,296,400 $ 507,740,200 $ 509,114,700 $ 527,670,400 3.64% General Fund Overview
All Other Revenue4
JUNE 2, 2025 MAYOR’S PROPOSED BUDGET FY 2026
Category FY 2024
Actuals
FY 2025
Amended
FY 2025
Estimate
FY 2026
Proposed
Annual
Change
Franchise Fees $ 22,175,000 $ 22,063,800 $ 22,973,600 $ 23,648,200 2.94% Intergovernmental 11,904,400 8,864,300 10,281,000 10,511,200 2.24% Intragovernmental 14,350,200 14,864,500 14,082,900 20,577,800 46.12% Cannabis 2,387,400 7,120,900 2,864,900 3,391,200 18.37% Prop 172 Sales Tax 6,206,600 4,000,000 4,939,200 4,996,800 1.17% Real Estate Transfer Tax 1,495,600 1,577,600 1,757,200 1,792,300 2.00% Card Room 986,900 1,051,700 1,025,000 1,045,500 2.00%
Other 2,233,500 1,311,200 2,148,300 1,768,500 (17.68%)
Total Revenues $ 61,739,600 $ 60,854,000 $ 60,072,100 $ 67,731,500 12.75% General Fund Overview
Sales Tax Revenue 10 -Year History5
JUNE 2, 2025 MAYOR’S PROPOSED BUDGET FY 2026
Major Industry Groups Share Y/Y
Chg
Business & Industry 22.9% 0.4%
General Consumer Goods 16.7% 1.2%
State & County Pools 15.6% 3.0%
Autos & Transportation 14.1% (1.3%)
Restaurants & Hotels 10.7% 2.9%
Building & Construction 9.0% (0.1%)
Fuel & Service Stations 6.6% 1.3%
Food & Drugs 4.1% 0.1%
All Other 0.2% 0.0%
Estimates based on HdL guidance
$83.6 $84.5
$97.7 $95.2 $91.1
$125.2
$158.4 $153.6 $147.7
$143.8
$83.0 $86.8
$100.3
$95.1
$119.6
$144.7 $145.1 $146.3 $140.3
0.0 20.0
40.0 60.0
80.0 100.0
120.0
140.0
160.0
FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Est. FY 2026 Proposed
Budget Actual
General Fund Overview
Property Tax Revenue 10 -Year History6
JUNE 2, 2025 MAYOR’S PROPOSED BUDGET FY 2026
FY 2026 growth estimate of 6.17%
based on 5-year average
$120.8
$126.5
$131.7
$140.2
$148.5
$160.0 $159.7
$174.1
$189.8
$202.6
$122.1
$129.1
$137.2
$141.3
$151.5 $154.7
$166.7
$180.5
$190.8
0.0 20.0
40.0 60.0
80.0 100.0
120.0
140.0
160.0
180.0
200.0
220.0
FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 Est. FY 2026 Proposed
Budget Actual
General Fund Overview
Appropriations by Category - $512.4 Million7
JUNE 2, 2025 MAYOR’S PROPOSED BUDGET FY 2026
Health & Welfare
$29.4
6.0%
Retirement
$35.7
7.3% Pension
Obligation Bond
$12.8
2.6%
Workers'
Compensation
$27.5
5.7%
Operations &
Maintenance
$51.9
10.7%
Interdepartmental
Charges
$74.7
15.4%Minor Capital
$11.9
2.4%
Contingency
$0.7
0.1%
Employee
Services
$241.9
49.7%
FY 2025 Amended Budget $486.5 Million
Health & Welfare
$30.9
6.0% Retirement
$42.2
8.2% Pension
Obligation Bond
$12.8
2.5%
Workers'
Compensation
$36.7
7.2%
Operations &
Maintenance
$48.3
9.4%
Interdepartmental
Charges
$69.3
13.5%
Minor Capital
$10.0
2.0%
Employee
Services
$262.1
51.1%
FY 2026 Proposed Budget $512.4 Million
General Fund Overview
Appropriations by Department - $512.4 Million8
JUNE 2, 2025 MAYOR’S PROPOSED BUDGET FY 2026
Fire
$98.9
18.7%
PARCS
$20.9
4.0%
Public Works
$19.2
3.6%
General City Purpose
$16.7
3.2%
Planning & Development
$32.3
6.1%
Finance & Budget
$9.0
1.7%
Fresno Animal Center
$9.0
1.7%All Other
$9.7
1.8% Public Utilities
$1.6
0.3%City Council
$6.9
1.3%
Mayor/City Manager
$5.8
1.1%
City Clerk
$1.5
0.3%
City Attorney/Code
$29.7
5.6%
GF Transfers
$13.6
2.6%
Public Safety D/S &
Matches
$1.6
0.3%
Police
$251.3
47.6%
9 Questions
JUNE 2, 2025 MAYOR’S PROPOSED BUDGET FY 2026