Claremont council receives midyear budget report showing revenues on track

Director Starkey presented Claremont’s midyear budget report for the six months ending Dec. 31, 2025, saying the city’s revenue and spending are generally on track and outlining several carryovers and midyear appropriations.

Starkey said the adopted budget originally projected $67,390,000 in revenues; budget amendments increased that to $69,970,000 and that $28,090,000 (just over 40%) of the full‑year revenue budget had been received through December. He told the council that general‑fund revenues of $14,350,000 represented 39.15% of the full‑year estimate and that most major revenues are trending positively.

On expenditures, Starkey said the adopted budget had $67,860,000 in expenditures and that adjustments raised the expenditure budget; citywide spending was at 32% of the adjusted full‑year budget as of Dec. 31. Notable changes included about $556,000 carried over for ongoing projects, $1,500,000 appropriated to reduce pension liabilities, and additional appropriations totaling just over $1,000,000 for building and legal services and staffing adjustments. The general fund also transferred $2,530,000 primarily to support the police department’s women’s locker room project and other capital needs.

Starkey summarized special revenue and capital funds, noting $2,400,000 in ARPA obligations and more than $10,000,000 in capital project carryovers. Enterprise and internal service funds carryovers were noted for bus stops, sewer work, cemetery expansion, fleet replacements, and ERP system implementation. Staff recommended the council receive and file the midyear report; no substantive amendments were made at the meeting.

Council members thanked staff for the report and asked whether midyear financial updates are standard practice; Starkey and City Manager Perry said such updates are routine and that quarterly reports are also provided.