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Ridgecrest presents balanced FY 2025–26 budget; Measure V, gas tax shortfalls tracked for FY27
Summary
City staff presented a balanced fiscal year 2025–26 general fund budget and outlined steps to address shortfalls in Measure V and the gas tax fund, while preserving department staffing and deferring major new projects.
Ridgecrest city staff presented a balanced proposed budget for fiscal year 2025–26, saying the plan aligns lower anticipated revenues with reduced spending and includes steps to resolve shortfalls in Measure V and the city’s gas tax fund.
City Manager Ron Strand said the general fund projection shows $22.3 million in revenue and $20.9 million in expenditures for FY26, and estimated the general fund balance at about $15.8 million. “It is a balanced budget,” Strand said as staff introduced the plan.
The presentation outlined the city’s major revenue mix: sales tax streams (including local measures), property…
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