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Reno projects $25 million gap for 2026 budget; managers propose one‑time fixes and staffing freezes

3005258 · April 16, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City finance officials told Reno City Council a $25 million shortfall surfaced during 2026 budget building. Staff proposed using one‑time funds, cutting capital and operating spending and freezing 20 vacant positions; council approved a third‑quarter augmentation.

Reno finance officials reported a narrowing but still significant budget gap for the fiscal 2026 budget, and the City Council approved a routine third‑quarter augmentation to add previously authorized grants and other technical adjustments to the current year. Finance Director Vicki Bamguren told council on April 9 that the city now estimates an $8.6 million revenue shortfall for the current year but also roughly $10 million in expenditure savings, producing a modest positive variance for fiscal 2025. For 2026, she said final property tax numbers…

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