Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
City manager reports first‑quarter budget better than projected; council given schedule for FY2026 budget
Summary
City manager presented first‑quarter general fund, water/wastewater and hotel occupancy tax results: revenues slightly above plan, expenditures under plan; council was briefed on budget calendar toward FY2026 and upcoming financial forecast meeting.
City Manager Peter Zanoni presented the city’s first‑quarter budget and performance report on March 25, telling the City Council the general fund revenues and expenditures to date track within expectations and that staff will deliver a fuller written report later in the day.
Zanoni said the fiscal‑year‑to‑date period (October through Dec. 31, 2024) showed general fund revenue of about $128 million versus an anticipated $124 million for the quarter; property taxes and sales taxes both came in slightly above the first‑quarter plan. He told council the city is watching industrial district in‑lieu payments, which were below estimate because of protested appraisals. On the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
