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Tracy council adopts $388 million FY 25‑26 budget, approves new positions and fiscal-sustainability measures
Summary
City Council on June 17 adopted the City of Tracy’s fiscal year 2025–26 operating and capital budget totaling about $388 million, approved new staffing and a set of fiscal sustainability measures endorsed by the Finance Committee.
The Tracy City Council unanimously adopted the fiscal year 2025–26 citywide operating and capital budget, approved new positions and a set of fiscal sustainability strategies intended to shore up reserves and fund deferred maintenance.
City staff presented the proposed $388 million appropriations plan, which includes roughly $36 million in capital improvements and $35 million in interfund transfers. The general fund budget is projected at about $161 million in revenues and $130 million in operational expenses for 2025–26. Staff noted the operating appropriation is about $1.4 million lower than the adopted 2024–25 budget, primarily from a reduction in capital carryovers.
The council first…
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