San Antonio first-quarter budget report: finances largely on track, officials warn federal grant cuts could affect 758 positions

City budget staff told the City Council on Tuesday that San Antonio’s fiscal-year 2025 finances are generally “in line with our adopted budget” after the first three months of the year, but officials warned that uncertainty in federal grant funding could affect hundreds of city positions and outside partner services.

Justina Tate, the city’s budget director, presented the “3 plus 9” first-quarter financial status report and said the report reflects unaudited actuals from October through December and early projections for the rest of FY25. “The general fund results for the first quarter are in line with budget,” she said, while flagging items the office is watching.

The city’s adopted FY25 total budget is about $3.96 billion, divided among a $1.67 billion general fund, roughly $860 million in capital projects, and restricted funds governed by federal, state or local law. Tate said the general fund’s four largest revenue sources are property tax (about $482 million), CPS payments (budgeted at $455 million), sales tax (about $415 million) and other fees and user charges.

Tate reported that through the first quarter the city planned to receive about $510 million and collected roughly $515 million — about $4.9 million ahead — driven largely by higher-than-expected CPS electric fuel adjustment…