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Atwater Council Adopts FY 2025–26 Budget, Acknowledges Structural Gap and Reserve Policy
Summary
The Atwater City Council adopted the FY 2025–26 budget and related resolutions, approving a $16.3 million CIP and a general fund budget that shows about $20.64 million in revenues and $21.86 million in expenditures, leaving a structural deficit after one-time items. Council laid out steps for midyear review and strategies to close the gap.
The Atwater City Council on a 3–1 vote adopted the cityFY 2025–26 budget, accepting a spending plan that includes a $16.3 million capital improvement program and a general fund projection that shows $20,640,000 in revenues against $21,860,000 in expenditures.
Finance Director Nicholas said staff used a hybrid budgeting approach and applied a consumer-price-index adjustment of about 2.128% to allowable fees. "The proposed miscellaneous fee schedule reflects this percentage increase in each fee where applicable," he told the council while laying out revenue and expenditure estimates and one-time costs included…
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