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Baldwin Park council reviews FY 2025–26 budget, projects $3.78 million general fund shortfall; directs Measure BP policy and trims events
Summary
City staff told the Baldwin Park City Council on June 4 that the proposed FY2025–26 general fund budget projects a $3,779,000 deficit driven by COLA-related personnel costs and updated overhead allocations.
City staff told the Baldwin Park City Council on June 4 that the proposed fiscal year 2025–26 budget projects a $3,779,000 general fund deficit before council-directed program changes and potential transfers of Measure BP revenue.
Finance staff explained two major drivers of the gap: personnel cost increases tied to cost-of-living adjustments and an updated citywide overhead cost-allocation study. The study identified about $1.3 million in administrative overhead that should be reimbursed by special-revenue and grant funds; staff said only about $70,000 is recoverable from those funds because of restrictions and fund limitations, leaving the general fund to subsidize roughly half a million dollars of overhead.
Staff also described a required accounting practice:…
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