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Mount Shasta finance director reports projected general‑fund shortfall; warns of service cuts without new revenue
Summary
Finance Director Melissa presented unaudited year‑end projections showing a projected general‑fund deficit (roughly $295,000) and warned cash‑flow timing and rising liabilities (insurance, PERS) strain the budget; staff noted sales tax collections are down and longer‑term structural gaps remain.
Melissa, the city’s finance director, presented unaudited fiscal‑year results and an updated projection for 2024–25 and 2025–26, telling council that the city faces a projected general‑fund deficit and a structural revenue shortfall if no new revenue is secured.
Melissa said the city receives about $6.2 million in general‑fund revenue and that roughly $1.06 million goes immediately to fixed obligations including insurance, PERS unfunded actuarial…
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