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