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City finance director reports first‑quarter budget status: revenues near budget, small deficit projected
Summary
Finance Director Kevin Biersack told council first‑quarter revenues were seasonally weighted and the city stood at roughly 91% of projected revenues and 88% of budgeted expenditures for that quarter; FEMA reimbursements remain important and Measure W receipts are being tracked. Council asked for additional follow up on Measure W and related invoices.
Kevin Biersack, the city’s financial services director, presented the fiscal year 2025–26 first quarter results (July–September) for the general fund and Measure W. He said taxes represented roughly 79% of first‑quarter revenues and that seasonality affects quarter‑to‑quarter comparisons. At the time of the report the general fund had reached about 91% of the budgeted revenue for the…
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