Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Fountain Valley adopts two‑year budget, approves street and capital projects; uses reserves to fund CIP

Fountain Valley City Council · June 3, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City Council adopted the FY2025–27 biennial budget, setting revenue and expenditure plans and authorizing $21.8M in first-year capital projects, funded partly from reserves and Measure HH for pension/OPEB and infrastructure work.

On June 3 the Fountain Valley City Council adopted a two‑year operating budget and capital improvement program for FY2025–26 and FY2026–27. Finance Director Ryan Smith told council that the city projects total all‑funds revenues of about $152.8 million for FY26, with proposed all‑funds expenditures of roughly $173.5 million, and a planned use of reserves to complete multi‑year capital projects.

Key budget points: -…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans