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Seal Beach presents $82.8 million budget and opens public hearing as council flags future shortfalls
Summary
Director of finance presented the proposed fiscal year 2025–26 budget totaling $82.8 million in revenues and $108.8 million in expenditures; council opened a public hearing, discussed revenue risks and reserve targets, and asked for more frequent revenue updates.
Director of Finance Arnaldo presented the Seal Beach proposed fiscal year 2025–26 budget at the City Council meeting, telling the council the plan shows $82,800,000 in all‑fund revenues and $108,800,000 in all‑fund expenditures and carries $27,400,000 in capital projects. The city’s general fund revenues are listed at $48,200,000 and general fund expenditures at $48,100,000; the presentation notes Measure GG contributes $3,000,000 to sales tax revenue.
“The fiscal year 20 five‑twenty‑6 budget all funds is 82,800,000.0 for revenues,” Arnaldo said while summarizing the document and the outreach process used to prepare the proposal. He described the budget as “a policy…
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