Pasco reports revenue shortfall in July monthly general fund update

Interim finance staff presented the city’s general-fund budget-to-actual report for July at the Sept. 8 workshop, saying the biennial budget period is roughly 29% complete and that overall expenses are at about 26% of budget.
Interim Director Garcia said the expense side is being managed, but revenues are below expectations. If the current revenue pace continues, the city could use an additional $1.5 million of reserves beyond the amount already budgeted. For the July reporting period the city used roughly $3.8 million in reserves because expenses exceeded revenues for that window.
Garcia noted the magnitude of public-safety overtime through July — about $920,000 — as an example of common costs contributing to the gap. Councilmembers discussed cost-management and revenue options following the presentation; no formal budget action was taken at the workshop.
Staff recommended continued monitoring and additional analysis of revenue alternatives and expense reductions and said they would report further details in upcoming regular budget updates.