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Scotts Valley presents FY25‑26 budget proposal; council agrees to hold community grant program until midyear
Summary
City staff presented a proposed FY25‑26 budget showing $30.9 million in city revenues and a continuing 10‑year structural gap; council signaled consensus to include $50,000 for community grants but to delay release of application materials until midyear budget review, pending revenue tracking.
City staff presented a proposed fiscal year 2025‑26 budget to the Scotts Valley City Council Wednesday that projects $30.9 million in total city revenues and a $20.1 million general fund. Staff described improvements in revenue management and department capacity but warned of a long‑term structural deficit that remains despite recent gains.
Admin Services Director Stephanie Hill summarized revenue sources and projections: the city’s general fund is roughly 65% of total city revenues, taxes make up 76% of general fund revenue and sales tax represents about 46% of the tax base. Staff forecast sales tax to be flat for FY25‑26 and reported…
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