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Five‑year forecast shows widening gaps as SAFER grant sunsets
Summary
City finance staff previewed a five‑year forecast showing modest revenue growth but rising personnel and benefit costs; officials warned the SAFER firefighter grant ends in 2027 and flagged multi‑year deficits that will require new revenue or cuts.
Venus, a city finance presenter, told the Merced City Council that the five‑year revenue forecast relies on historical actuals and consultant input and expects modest annual increases in most revenue lines: “Most of the revenues, smaller revenues are anywhere from a 1 to 3% increase,” she said, noting a 3% sales‑tax assumption and 5–6% property tax growth in the years shown.
The presentation listed several expense pressures: expiring MOUs, a sharp rise in benefit costs (Venus used a 10–11% estimate…
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