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First 5 Sacramento approves revised FY25–26 budget and 10‑year financial plan
Summary
The commission voted unanimously Aug. 4 to adopt the revised fiscal year 2025–26 recommended budget and updated 10‑year financial plan after staff reported higher carry‑forward funds and a reduced reserve drawdown.
The First 5 Sacramento Commission approved the revised fiscal year 2025–26 recommended budget and the accompanying 10‑year financial plan at its Aug. 4 meeting.
Why it matters: Staff told the commission there were no line‑item changes to program allocations but that higher than expected carry‑forward fund balance and interest income had improved the short‑term outlook. That increase reduced the planned reserve release needed to balance next year’s budget.
Key details: Kristin Scheiber, chief of administration, briefed the commission…
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