Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Merced council hears midyear budget showing $2.2 million positive carryover, approves multiple adjustments
Summary
Finance Officer Venus Rodriguez told the council the city closed FY2024‑25 about $2.2 million ahead of projections and presented midyear FY2025‑26 adjustments. Council approved most departmental appropriations and a personnel reclassification; a late $30,000 zoo tortoise supplement was rejected.
Finance Officer Venus Rodriguez presented the city’s midyear budget review on March 2, telling the Merced City Council that the general fund closed fiscal 2024‑25 roughly $2.2 million higher than expected and that staff proposed a set of midyear adjustments for FY2025‑26.
"We're actually a little ahead there — ending at about $14,000,000," Rodriguez said, describing a mix of higher revenues and departmental savings that produced the positive variance.
The presentation highlighted revenue gains in sales tax (up about 11% on a cash basis for a recent quarter), secured property tax and vehicle‑in‑lieu receipts. Rodriguez reported that two reconciled sales‑tax quarters gave confidence in the upward trend and that the city had received roughly 54% of its sales‑tax budget through the most recent reporting…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
