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Seaside council accepts midyear financial report; budget amendments approved
Summary
Seaside accepted its midyear FY25–26 financial review on March 19, approving approximately $694,000 in budget amendments, confirming policy allocations to pension and streets, and noting long-term pension liabilities and a $6M Campus Town demolition estimate.
The Seaside City Council voted to accept the fiscal-year midyear financial report and approved staff-recommended budget amendments at its March 19 meeting.
Finance director Jessica Riley presented results through the second quarter (ending December 2025), reporting projected general-fund revenue of about $49.2 million—roughly $929,000 above budget—and noting that expenditures are tracking below midyear benchmarks. Riley said personnel and pension costs remain the…
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