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Council approves FY24–25 midyear budget adjustments; staff projects modest surplus
Summary
Council approved midyear general fund adjustments for FY 2024–25. Staff reported higher revenues partly from Measure I catch‑up payments and additional fire OES receipts; projected year‑end figures indicate the city likely will not draw on a previously budgeted reserve.
The Willows City Council on May 13 approved the city’s FY 2024–25 midyear budget adjustments after a staff presentation that showed higher-than‑expected revenues and some one‑time and recurring cost increases.
Finance staff presented a midyear forecast that, for the general fund, reflects an estimated revenue increase of approximately $883,000 and recommended expenditure adjustments totaling about $414,702. Staff explained several revenue drivers: projected Measure I receipts for April–June of roughly $538,000, catch‑up payments in the Supplemental Law Enforcement Services Fund (SLESF), and fire department revenues from state OES strike‑team deployments. The presentation noted that some revenue items were nonrecurring (the SLESF catch‑ups) and cautioned against assuming they will be available every year.
Major expenditure adjustments included increased budget lines for insurance and worker’s compensation, higher utilities, repairs to vehicles and equipment in public works, and fire‑department costs associated with additional deployments. Staff said the net effect of the adjustments is an approximate surplus for the fiscal year — the presentation repeatedly described the result as an "approximate $375,000 surplus," and staff said the city would not need to tap a previously budgeted reserve because of the midyear outlook.
Staff also flagged pension‑related costs: the city’s CalPERS unfunded accrued liability (UAL) payment was around $81,000 for the current year and is projected to rise to roughly $149,000 in FY 2025–26. Insurance and utility costs were noted as ongoing pressures for future budgets. The council approved the midyear adjustments by voice vote, 5–0.
Ending: Staff will include the midyear changes in the city’s financial statements and incorporate the FY 2024–25 outlook into FY 2025–26 budget planning.
