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San Ramon finance staff presents FY26 General Fund baseline: $71.5 million projected, 4% potential savings factor proposed
Summary
Finance staff presented a fiscal year 2026 General Fund baseline with $71.5 million in projected expenditures, a 10% increase from FY25 midyear; staff proposed classifying adjustments as nondiscretionary, discretionary and a 4% potential savings factor based on typical salary/benefit vacancy rates.
Finance staff laid out a fiscal year 2026 General Fund baseline Thursday, saying projected expenditures total about $71,500,000 and that the draft budget is intended to be a status-quo starting point while the city builds a multiyear plan.
Jennifer Wakeman, finance staff member and presenter, told the council the FY26 General Fund projection represents about a 10% increase from the FY25 midyear budget and asked councilmembers what additional details they want for the May 13 budget hearing. “At this point, our fiscal year 26 General Fund projected expenditures are $71,500,000,” Wakeman said during the workshop.
Wakeman said the presentation separates expenditure adjustments into three categories: nondiscretionary costs (items the city must pay because of contracts, benefits or service obligations), discretionary costs (optional program enhancements or equipment), and a proposed potential savings factor intended to reduce the historical…
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