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Carlsbad adopts FY 2025–26 budget, opts to prepay CalPERS bill and asks staff for turf and trail analyses
Summary
Carlsbad City Council adopted the FY 2025–26 operating and capital budgets, voted to prepay the annual CalPERS unfunded liability payment for a one‑time savings, and directed staff to return with comparative analyses on synthetic turf replacements and trail projects after extended public comment.
Carlsbad City Council adopted the city’s FY 2025–26 operating budget, strategic digital transformation plan and capital improvement program, and approved a one‑time decision to prepay the city’s CalPERS unfunded actuarial liability (UAL) payment for fiscal year 2026.
Deputy City Manager Laura Rocha and Finance Director Zach Korach presented the budget and a five‑year forecast showing the General Fund reserves projected to increase to about 61% (about $147 million), above the city’s 40% target. The budget package includes a 1.8% general fund increase, $2.6 million for a front‑line ladder fire truck, funding to reclassify EMTs to paramedic firefighters, investments in climate action measures, funds for additional Sunday library hours, and allocations for capital projects including Veterans Memorial Park and the Orion Center.
The council took separate action on how to pay the city’s annual CalPERS contribution. CalPERS offers a 3%…
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