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Murrieta council accepts FY26 first-quarter financial report and approves adjustments
Summary
City finance staff reported FY26 first-quarter revenues of just over $22 million, proposed $743,000 in expenditure adjustments and transfers to establish an approximately $7 million vehicle replacement fund; council approved staff recommendations unanimously, 5-0.
Finance Director Javier Carcamo and Finance Manager Jennifer Terry presented Murrieta’s fiscal year 2026 first-quarter financial status on Dec. 2, covering July 1–Sept. 30 activity and proposed budget adjustments.
Carcamo said the city collected just over $22 million in revenues through the first quarter, with licenses and permit fee revenue trending higher than anticipated (about $900,000 collected, roughly $480,000 more than the same period last year) driven primarily by residential permits for…
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