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Agoura Hills presents balanced biennial budget with small surpluses; public safety remains largest cost
Summary
City staff presented a proposed biennial budget for fiscal years 2025–26 and 2026–27 that forecasts modest surpluses, maintains a large reserve, and keeps public safety as the largest single general-fund expense.
City Manager Nate Hamburger and finance staff presented a proposed biennial budget for fiscal years 2025–26 and 2026–27 at a city council budget workshop, showing conservative revenue forecasts, limited new spending and small projected surpluses.
Director of Finance Mr. Ibanez told the council the city’s general-fund revenue is projected at $20,861,987 for 2025–26 and $21,542,416 for 2026–27, with taxes and assessments the largest revenue source. “We have budgeted conservatively and have arrived at a an amount of $16,523,303 for fiscal year 2526 and $17,070,398 for fiscal year 06/27,” Mr. Ibanez said. Staff also forecast charges for services at $1,395,023 in 2025–26 and…
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