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San Fernando adopts conservative FY 2025–26 budget, approves $500,000 for retiree health trust
Summary
The San Fernando City Council adopted a fiscally conservative FY2025–26 budget on June 30 and approved a $500,000 appropriation to the city’s Section 115 trust to pre-fund retiree health benefits. Council also approved a slate of smaller personnel and program enhancements while deferring two positions for further review.
The San Fernando City Council on June 30 adopted a $28.6 million fiscal year 2025–26 budget and passed a companion resolution appropriating $500,000 from general fund reserves to the city’s Section 115 trust for retiree health (OPEB) obligations.
City staff presented the budget as conservative in light of uncertain revenue projections over the next 12 to 18 months, and the council approved a mix of one-time and ongoing enhancements while limiting revenue assumptions. The adopted package keeps baseline revenues essentially flat and prioritizes operational stability, staff said.
Erica Melton, director of administrative services, told the council the proposed budget anticipates flat primary revenues and budgets expenditures of about $28.6 million. Melton said the city…
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