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Rolling Hills Estates finance director says city remains structurally balanced at midyear
Summary
Finance director told council the FY25–26 operating budget remains structurally balanced and building revenues are outperforming expectations, though a county billing anomaly from last year is still under investigation.
The city’s finance director presented a midyear budget update to the Rolling Hills Estates City Council on Feb. 10, saying the adopted fiscal‑year budget remains structurally balanced on an operating basis and that revenues through the first six months are tracking slightly ahead of the seasonal prorated expectations.
The director said property‑tax growth has slowed relative to previous years — noting a 3.3% increase last year and possible impacts from local “land movement” — but that building permit revenues, including fees from…
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