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Emeryville adopts two-year budget; reserves and fund balance will cover near-term gap
Summary
The Emeryville City Council adopted the fiscal years 2025–26 budget after brief discussion. Consultants said first-year spending will be covered by fund balance and the second year by a combination of fund balance and $4 million from reserves if alternative revenue sources are not identified.
The Emeryville City Council on Tuesday adopted the city budget for fiscal years 2025 and 2026 after a presentation from the city's financial consultant and a short public comment from a budget-advisory committee member.
Brian Moore, financial consultant with RGS, summarized the budget's major points and the city's fiscal outlook, saying the five-year projection and the two-year budget were "above the recommended standard for general fund" and that the council had built the budget around priorities established at…
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