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Council adopts conservative two-year operating budget; reserves remain above policy target
Summary
The Atascadero City Council unanimously approved the 2025–2027 operating budget after staff described revenue assumptions, reserve projections and limited staffing reclassifications. The city projects stable reserves and plans capital investments while continuing conservative revenue estimates.
Atascadero’s City Council unanimously adopted the biennial 2025–27 operating budget after presentations by Administrative Services Director Jerry Rangel and City Manager J. Lewis outlining revenue projections, reserve policy and planned investments.
Staff emphasized the general fund as the focus of the discussion, with property tax the largest single revenue source (projected at about $14 million in 2025–26) and sales tax included in general fund totals. Rangel said sales tax is volatile but staff projects modest growth in Bradley-Burns and Measure D revenues. Transient occupancy tax (TOT) projections were conservative (about 1.5% growth in 2025–26, rising to 4.5% in 2026–27) because of increased lodging…
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