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San Ramon council approves midyear FY2024–25 budget adjustments, keeps reserves above policy
Summary
Council approved a midyear package of budget adjustments that staff said will preserve city operations and leave reserves just above the 36% policy level without counting recently approved Measure N revenues.
The San Ramon City Council on Feb. 11 approved a midyear set of budget amendments for fiscal year 2024–25 that staff said preserves services, restores some positions cut in the prior budget and keeps city reserves above the council’s 36% target even before Measure N receipts are counted.
Why it matters: The amendments adjust appropriations midyear to cover contract and operating costs that were not foreseen when the prior budget was adopted. City staff said the package is designed to “weather the storm” from a turbulent revenue environment while keeping core services funded and preparing for next year’s budget process.
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