San Antonio staff says FY26 first-quarter finances are largely on track as council debates FY27 calendar and new taxpayer impact statement

City of San Antonio staff told the City Council on Feb. 18 that the FY26 first-quarter (3+9) financial update shows the general fund broadly in line with the adopted budget, while a handful of restricted funds and benefit programs warrant close monitoring.

"This is a preliminary financial update," said Freddy Martinez, the city's interim budget director. Martinez told the council the adopted FY26 budget comprises restricted funds (including airport and development services), a capital program and a general fund that covers core operations. Through December the city had collected a little over $510 million—about $8.6 million ahead of plan—driven in part by higher-than-expected CPS receipts, Martinez said.

Martinez cautioned that sales-tax revenue is slightly below plan (roughly $700,000 under plan for the quarter, and about $2.6 million under through…