Quarterly Financial and Budget
Update and Amendments for
Fiscal Year 2025- 26
Regular City Council Meeting
November 18, 2025
Tonight’s Agenda
General Economic Outlook
Status of J 20/I24
Status of Capital Projects
Recommended Adjustments
General Fund Overview
0 10
20 30
40 50
60 Revenues Expenses
MILLIONS
Budget Projected
Total Revenues $51.5 million
Updated Revenues 100.0%
Taxes – 101.5%
Charges/Permit – 80%
Total Expenditures $56.6 million
Expenditures Trending to be 96% of
appropriations
Fund Reserves $16 million at EOY
31% of revenues
0 2
4 6
8 10
12 14
16 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Millions
Fiscal Year Ended
Bradley Burns Sales Tax
Actual/Projected Revenues
0 2
4 6
8 10
12 14
16 18
20 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 Millions
Fiscal Year Ended
Property Tax Revenue
Actual/Projected Revenues
0 2
4 6
8 10
12 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Millions
Fiscal Year Ended
Transient Occupancy Tax
Actual/Projected Revenues
Actual Revenue 2020 Forecast
General Fund Expenditures
0 2
4 6
8 10
12 14
16 Police Fire Public
Works
Comm
Services
Comm
Dev
Admin
Services
CMO
Millions
By Department
Budget Projected
0 5
10 15
20 25
30 35
40 Personnel Operating Debt Capital
Millions
By Expense Type
Budget Projected
$-
$10
$20
$30
$40
$50
$60
$70
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
MILLIONS
General Fund Revenues, Expenses, Reserves
Revenues Expenses Reserves
Downtown
Parking Program
2019 - $1 million loan, LAIF +1%
2024 – Program terminated
As of J une 30, 2025:
$663,482 in principal
$16,457 in accrued interest
$679,939 total
Second Wind Way
$840,000
Police Developer
Impact Fees
General Government
Developer Impact
Fees
Measure J- 20 Police Department Expenses
Expenditure Item 2025-26
Budget
2025-26
Actual
Officers (x21) 3,707,700 699,111
Sergeants (x2) 426,000 48,143
Commander 318,400 91,940
Deputy Police Chief 313,800 64,074
Dispatcher (x2) 274,300 75,325
Dispatch Supervisor 162,000 -
Records Supervisor 131,300 37,097
Admin Assistant 132,000 37,938
Hiring Incentive - 5,000
Vehicle/PPE 730,666 13,127
Marketing Firm/Other 100,000 30,798
Total 6,296,166 1,102,553
Police Officers
Currently on Patrol 10
July Academy Recruits 2
January Academy Recruits 7
Total Unfilled Positions 19
Total Authorized 21
Measure J- 20 Fire and Emergency Services
Expenses
Expenditure Item 2025-26 Budget 2025-26 Actual
Firefighters/Engineers (x18) 3,232,300 524,795
Admin Captain 264,000 80,841
Training Officer 257,100 78,364
Deputy Fire Chief 324,500 98,431
Prevention Specialist 172,000 49,454
Engine/PPE 395,139 171,879
Ambulance Services/Other 618,500 -
Total 5,263,539 1,003,764
SST - Capital Improvement Program
Project Description Budget Project Description Budget
South Vine Street Bridge $ 22,854,518 N. River Bike/Pedestrian Path 1,638,800 Corporation Yard 15,942,327 DT Parking Lot Repavement 1,256,477 Highway 46 East Overcrossing 12,271,703 Mill Road Annexation 915,013 Huer Huero Creek Bridge 7,301,265 LMP Development 840,021 Sherwood Pickleball Courts 3,841,368 Drainage Projects 680,051 Hwy 46 West Roundabouts 3,420,108 Parks Projects 367,000 Library/City Hall Expansion 2,775,000 Niblick Signal Synchronization 80,000 Niblick Street Corridor Plan 2,358,551 User Fee Study 70,000 EDA Fiber Project 1,780,083 Total CIP (including roads) $131,495,990 Project Description Current Budget
Expended-toDate Project Description Current BudgetExpended-toDate PD Substation 2,324,980 - Elm/Capitol Hill 281,947 -
ES Training Tower 4,241,114 422,401 Golden Hill 348,767 - Creston Phase 1 3,813,596 1,871,544 Merry Hill, 15th 220,890 - 24th St Bridge 2,025,409 6,766 Serenade 664,030 39,969
13th/Niblick
Bridges 3,271,317 - Creston Phase 2 10,249,144 81,450
Riverside (17th to
24th) 1,143,880 - Melody Drive 2,940,953 852,664
Sierra Bonita 7,569,418 17,553 16th/18th/30th/32nd/
36th 4,005,826 29,491
Various
Sign/Striping 121,292 - 4 Pedestrian
Intersections 311,700 -
Sunset/Panorama 2,527,674 787 Orchard Bungalow 1,800,000 - Arciero/Mesa 1,403,126 26,643 West Side- E.
Spring 1,950,000 -
Dallons/Tractor 1,843,812 33,387 Total 53,058,875 3,382,655 -
5 10
15 20
25 30
35 40
45 50
-
10 20
30 40
50 60
70 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Budget
MILLIONSMILLIONS
Supplemental Sales Tax Revenue, Expenditure and Reserve History Total Revenues Total Expenditures Fund Reserves
Conclusion
Approve Resolution 25- XXX, amending the operating and capital budget appropriations, as presented and approve the interfund loan forgiveness between the General Fund and the Downtown Parking Fund. Questions, comments, concerns…