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Ridgecrest proposes balanced FY26 budget while addressing Measure V and gas tax shortfalls
Summary
City staff presented a proposed FY2026 budget they described as balanced, outlining general fund revenues and expenditures, projected reserves and specific shortfalls in Measure V and the gas tax fund that the plan aims to correct by FY27.
Ridgecrest city staff presented a proposed budget for fiscal year 2026 they described as balanced, projecting $22.3 million in general‑fund revenue and $20.9 million in expenditures.
The plan keeps an estimated general fund balance at about $15.8 million and relies on established revenue streams: property tax, transient occupancy tax, franchise fees and three sales‑tax streams (Bradley‑Burns, Measure V and Measure P), plus service charges and intergovernmental receipts.
City staff said the FY26 package was prepared to reflect lower…
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