April 21, 2026
General Fund Projections
Fiscal Year 2025/2026
Item 10.3
Fiscal Year 2026 Projected
General Fund Revenues
2 | April 21, 2026
FY 2026 FY 2026 FY 2026 Variance
Adopted Adjusted Projected above/(below)
Budget Budget Actuals Adj Budget
Sales & Use Tax 24,261,000 24,261,000 24,277,800 16,800 District Trans & Use Tax 16,868,000 16,868,000 17,747,000 879,000 Property Tax 2,785,438 2,785,438 2,714,975 (70,463)
Property Tax in Lieu-VLF 9,837,550 9,837,550 9,703,273 (134,227) Other Revenues 19,946,009 20,027,486 19,990,949 (36,537) Transfers-in 5,500 5,500 5,500 -
Total 73,703,497 73,784,974 74,439,497 654,523
Fiscal Year 2026 Projected
General Fund Expenditures
FY 2026 FY 2026 FY 2026 Variance
Adopted Adjusted Projected above/(below)
By Departments: Budget Budget Actuals Adj Budget
Personnel Services 54,165,445 57,408,646 56,903,451 505,195 Maintenance & Operations 9,890,698 10,104,698 8,799,826 1,304,871 Capital Outlay 255,773 255,773 74,842 180,931
Debt Services 554,377 554,377 554,377 -
Internal Service Charges 8,113,199 8,227,199 8,227,199 - Transfers Out 9,993,791 10,075,268 10,135,268 (60,000)
Total 82,973,283 86,625,961 84,694,963 1,930,997
3 | April 21, 2026
Fiscal Year 2026 Projected
Use of Fund Balance
4 | April 21, 2026
FY 2026 FY 2026 FY 2026 Variance
Adopted Adjusted Projected above/(below)
Budget Budget Actuals Adj Budget
Revenues 73,697,997 73,779,474 74,433,997 654,523
Transfers In 5,500 5,500 5,500 -
Total Revenues & Transfers In 73,703,497 73,784,974 74,439,497 654,523 Expenditures 72,979,492 76,550,693 74,559,696 1,990,997 Transfers Out 9,993,791 10,075,268 10,135,268 (60,000)
Total Expenditures & Transfers Out 82,973,283 86,625,961 84,694,963 1,930,997 Gain in / (Use of) Fund balance (9,269,786) (12,840,987) (10,255,467) (1,276,474) Fiscal Year 2026 Q3
Appropriations Requests
5 | April 21, 2026
Fund Department Expenditure Revenue Net Justification
General Fund City Attorney $ 350,000 $ 350,000
Additional funds for Legal Services due to pending litigation matters being handled by outside counsel.
General Fund Building $ 150,000 $ 150,000 $ -
Professional Services increase to cover the cost of plan checks for unanticipated large project submittals.
General Fund Fire $ 12,000 $ 12,000
Additional budget to cover uniform and PPE requirements of two new Inspectors
General Fund Fire $ 3,500 $ 3,500
Additional budget to cover in-house Continuing Education hours for EMTs and Paramedics
General Fund Non-Dept $ 60,000 $ 60,000 Transfer to Parks for additional contract costs General Fund Total $ 575,500 $ 150,000 $ 425,500
Parks Fund Public Works $ 60,000 $ 60,000 $ -
Funding for major trimming and large tree removal performed by West Coast Arborist
All Funds $ 635,500 $ 210,000 $ 425,500
Questions