Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
County projects $138.5M structural gap for FY25‑26; board approves targeted mid‑year appropriations
Summary
County staff warned of a projected $138.5 million ongoing gap in the FY25‑26 budget and flagged federal funding risk (including Medicaid exposure). The board approved a package of time‑sensitive mid‑year adjustments and directed staff to return with a recommended operational plan on May 1.
County finance staff warned the Board of Supervisors that San Diego County faces a tightening fiscal outlook going into the FY25‑26 budget cycle, driven by slowing sales‑tax growth, rising operating costs and federal and state budget uncertainty.
Chief Administrative Office staff and Amy Thompson, Executive Finance Director, said second‑quarter projections show the county is on track to end the current fiscal year with total fund balances of about $75.7 million and a $31.0 million projected year‑end general fund balance (about 0.4% of the general fund budget). Thompson said the most significant drivers of the current‑year balance include FEMA reimbursement for prior emergency response, contingency appropriations…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
