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Riverbank council adopts FY 2024–25 budget, green-lights downtown uplighting

City of Riverbank City Council · June 25, 2024
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Summary

The Riverbank City Council adopted its FY 2024–25 operating budget and approved a downtown ‘uplighting only’ option to start revitalization, while staff will seek grants for additional pole-mounted lighting. The budget projects a $14.0M expenditure against $12.1M in revenues and includes planned studies and capital projects.

Riverbank — The City Council unanimously approved the city's FY 2024–25 operating budget Tuesday and directed staff to include a downtown uplighting pilot as part of the capital program. The vote was 5-0.

Assistant City Manager Tammy Alcantor told the council the proposed general-fund plan projects $12.1 million in revenues and $14.0 million in expenditures, leaving an estimated June 30, 2025 reserve of about $6.1 million (roughly 44 percent) and a structural deficit of about $850,000. Alcantor said the proposal includes personnel changes, capital items such as a Kubota…

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