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Ross council hears five‑year budget forecast, directs pension review and keeps conservative property‑tax assumptions
Summary
Town staff told the council that Ross’s operating fund is balanced in the near term but long‑term capital needs will draw reserves; staff included $200,000/year for pension paydown and recommended conservative property‑tax growth assumptions. Council asked staff to bring a pension consultant and to restore a previously proposed license‑plate‑reader line item.
Town Manager Krista Ford presented the draft fiscal‑year 2027 budget and a five‑year financial forecast to the Ross Town Council at a special workshop on April 23, saying the town’s operating fund is balanced in the short term but that transfers to the capital projects fund will need careful management.
"The forecast indicates that, for revenues, property taxes will continue to be your largest source of revenue," Ford said, adding that staff used projections from the County of Marin and consulting firm HDL. The draft includes a $200,000 annual discretionary payment to reduce the town’s unfunded CalPERS liability.
Staff…
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