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Town of Woodside accepts FY 2025-26 first quarterly budget review
Summary
The council unanimously accepted the FY 2025-26 first quarterly budget review. Staff reported a general fund cash balance of about $6.2 million, an all-funds cash position of $13.9 million and projected operating revenues at 52%, above the council policy minimum of 30% for operating reserves.
The Town of Woodside council voted to accept the FY 2025-26 first quarterly budget review at its Oct. 28 meeting.
Cindy, the staff member who presented the report, told the council the town’s general fund cash on hand as of Sept. 30 was about $6,200,000 and that projected operating revenues stood at 52% — above the council’s 30% reserve policy. She explained that the…
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