City Budget

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2020-21 City Budget 

On Tuesday, June 9, the City Council unanimously approved a balanced one-year budget for 2020-21. The 2020-21 budget includes $49,397,808 in total revenues and $48,913,613 in total expenditures. Staff has worked meticulously to balance the 2020-21 budget through reductions to services and supplies, shifting salary and benefit costs from the General Fund, eliminating several vacant full-time and part-time positions, eliminating financial support of our community partners, and deferring the additional annual payment toward our PERS unfunded liability. 

The City began the budget process facing a structural deficit of $0.8 million in 2020-21, growing to $2.8 million in 2023-24. The failure of Measure CR, (the City’s Sales Tax Measure that would have provided an additional $2.5 million in General Fund revenue annually) has left the City without additional revenue sources to help us maintain more than our core services. Much of this budget was developed prior to the implementation of the Safer at Home Public Health Order. Since the closure of commercial businesses, the City has been analyzing the financial impacts of the pandemic on its 2019-20 revenues and expenditures, as well as trying to forecast the impacts to the 2020-21 fiscal year.  The budget, at this point in time, is balanced based on the information that is available to us.  For more information on the City’s budget, click on the link below. 

2020-21 Budget Process Webpage

  

2019-20 City Budget

On Tuesday, June 11, 2019 the City Council unanimously approved a balanced one-year budget for 2019-20 and set the annual appropriations limit. Due to the impending structural budget deficit, the Council approved a resolution declaring a fiscal emergency. The City is facing a structural General Fund budget deficit, growing from approximately $0.8 million in 2020-21 to $2.8 million in 2023-24. The City cut $3.4 million in 2018 and $1.3 million in 2019 to balance the budget. Cuts such as these are short-term in nature and not sustainable; therefore, the long-term health of the City’s General Fund may require the identification of new sources of revenue, or consideration of alternative means of service delivery to the community. The City Council was presented with an overview of the City's current financial situation and information on increasing the City's sales tax as a possible solution to the City's deficit. The recommendation to consider an increase in the City's sales tax was recommended by the Future Financial Opportunities Committee, a citizen's advisory committee. The adoption of the resolution declaring a fiscal emergency was the first step to move forward with placing a sales tax measure on the November ballot. At its July 9 meeting, the City Council voted to place a 3/4 cent sales tax increase on the November 5, 2019 ballot. The measure was placed on the ballot, but failed to pass.

 

 VIEW CURRENT AND PRIOR YEAR BUDGETS