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Oroville posts $555,000 FY2025 deficit; pension-stabilization trust holds $5 million
Summary
Finance staff reported a $555,000 combined fund deficit for the year ending June 30, 2025, with a general-fund shortfall near $70,000 and a $5 million pension-stabilization trust; council discussed long-term CalPERS exposure and fund-balance classifications.
Finance Director Ruth presented the city’s fiscal-year 2025 results on March 17, reporting a combined deficit of $555,000 across the general fund, district tax fund and a newly included pension-stabilization fund.
Ruth said the general fund incurred a deficit of roughly $70,000, the district tax fund showed a $796,000 deficit (reflecting planned draws on fund…
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