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Diamond Bar council approves $630,000 midyear budget adjustment, acknowledges ongoing structural gap
Summary
Finance Director Jason Jacobson presented a midyear FY25–26 update proposing $630,000 in additional resources and $512,000 in increased expenditures across funds; council approved the amendment (Resolution No. 2026-07) unanimously while staff warned of a roughly $263,000 recurring structural deficit.
Diamond Bar — The City Council unanimously approved a midyear amendment to the fiscal year 2025–26 budget on March 3 after a staff presentation that balanced several one‑time adjustments against ongoing pressures.
Finance Director Jason Jacobson said staff requests an increase in total resources across all funds of $630,000 and a corresponding increase in expenditures of $512,000. For the general fund, the changes represent an estimated $94,000 increase to ending…
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