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Placerville council reviews $1.19 million in adjustments to balance FY 2025–26 budget
Summary
City staff presented a draft FY 2025–26 operating and CIP budget showing a $1,029,000 starting deficit and recommended $1,193,001.80 in revenue and expenditure adjustments, including personnel freezes, program reductions and one-time transfers to balance the general fund.
Placerville — City staff presented a draft fiscal year 2025–26 budget to the Placerville City Council on May 20, outlining a $1,029,000 shortfall in the general fund and recommending $1,193,001.80 in adjustments to close that gap.
The proposed adjustments include a mixture of revenue measures, spending cuts and one‑time transfers. “So the last time we met, we shared our wish list with you. And today, we're going to share how we can afford some of those wish lists or wish items,” said Dave Warren, a staff member leading the presentation, who walked council through general fund assumptions, revenue forecasts and recommended reductions.
Warren told the council that sales tax accounts for roughly 59% of general fund revenue and that consultant HDL forecasts a 3.7% decrease for the 2024–25 year and a 3.6% increase in 2025–26, producing a year‑over‑year sales tax revenue decline of about $226,000. He laid…
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