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Carmel council receives FY 2025–26 proposed budget; council asks for more detail on reserves, capital and fees
Summary
City staff presented the proposed $39.7 million spending plan and a $34.7 million revenue forecast for fiscal year 2025–26; council members and residents pressed staff for additional detail on fund balance, capital projects, revenue options and transparency around salaries and program costs.
City finance staff gave the Carmel-by-the-Sea City Council an overview of the proposed fiscal year 2025–26 budget on May 6, laying out a $39.7 million spending plan and a $34.7 million revenue forecast and prompting extensive council and public questions about reserves, capital spending and long-term revenue risks.
Finance staff said the recommended budget reflects a shift in assumptions: revenues were forecast conservatively based on current collections rather than simply rolling forward prior budgets, and salary budgeting now uses expected actual step levels instead of assuming every position is at top step. Staff also applied a 2.4% Bay Area CPI where appropriate and proposed a $7.8 million list of new capital projects while…
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