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Council adopts midyear FY 2025–26 budget amendments; general fund now projected to surplus

Los Banos City Council · February 18, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Finance Director Minnie Moreno reported projected FY25–26 changes that increase general fund revenues by $1.33M, reduce expenditures by about $276,849 and yield a projected $804,000 operating surplus; the council adopted a resolution to amend the budget.

Finance Director Minnie Moreno presented the midyear review for fiscal year 2025–26 and recommended amendments to revenue and expenditures across funds.

Moreno said updated revenue forecasts show a $1,330,000 increase driven by property tax…

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