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Stockton council adopts $956 million fiscal 2024–25 budget, approves $58.1 million in year-one CIP spending
Summary
The Stockton City Council on June 18 adopted the fiscal year 2024–25 budget and the 2024–29 capital improvement plan, approving $956 million in citywide expenditures and a first-year CIP allocation of about $58.1 million; council voted 6–0 with one member absent.
The Stockton City Council adopted the city’s fiscal year 2024–25 annual budget and the 2024–29 capital improvement plan on June 18, approving $956,000,000 in citywide expenditures and a first-year CIP program of about $58.1 million.
Budget officer Imelda Arroyo told the council the proposed budget reflects inflationary pressures, higher utility and materials costs and targeted investments in public safety and city services. "The citywide proposed budget is $956,000,000," Arroyo said, and she…
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