Summary
The city ended FY 2025/26 with a $2 million surplus and a healthy 53% reserve, but about $3.4 million of that came from one-time FEMA and insurance money — without it, the city would have run a $1.4 million deficit. Officials project deficits of roughly $4 million and $3.4 million in the next two years and urged careful spending.
At a glance
- Total mentions
- 2
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Oct 28, 2026.
Impact analysis
The city has a $41 million reserve but faces projected multi-million-dollar deficits in the next two years without new revenue or spending restraint.
All residents benefit from the city's strong reserve position and continued services.
Mentions & discussions (2)
Study Session & Regular Council Meeting - Oct 28, 2026
The city ended FY 2025/26 with a $2 million surplus and a healthy 53% reserve, but about $3.4 million of that came from one-time FEMA and insurance money — without it, the city would have run a $1.4 million deficit. Officials project deficits of roughly $4 million and $3.4 million in the next two years and urged careful spending.
Finance Advisory Committee - Regular Meeting - Sep 28, 2026
The committee reviewed how Measure W half-cent sales tax revenues are being spent across five pillars including roads, parks, and fire services. Members discussed tracking shortfalls and ensuring funds are dedicated properly.
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