Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Upland committee previews $5M shortfall in proposed FY2026–28 budget; staff recommends one-time fixes
Summary
City finance staff told the committee the proposed biennial budget shows a $5.0 million deficit in FY2027 and $5.3 million in FY2028. To narrow the gap, staff recommended reallocating insurance costs, drawing on the 115 trust and economic uncertainty reserve, pausing park-lease earmarking for two years and other one-time moves before sending the plan to council May 18.
Upland’s finance committee on April 29 reviewed a proposed biennial budget that staff said contains a structural shortfall of about $5.0 million for fiscal 2027 and $5.3 million for fiscal 2028.
"The budget, as currently proposed, represents a $5,000,000 deficit for fiscal year 27 and a $5,300,000 deficit for fiscal year 28," said Stacy Sullivan, the city’s finance manager, during a committee presentation. Sullivan said higher personnel costs, rising insurance premiums and lower sales-tax receipts are the main drivers of the gap.
Sullivan and other staff laid out a package of largely one-time measures intended to reduce the immediate shortfall without cutting personnel: reallocating property and facility insurance costs to the funds that own the assets (which staff estimate would free roughly $1.7 million for the general fund over two years); drawing $1.2 million from the city’s 115 trust in FY27 and $1.14 million in FY28; and using the economic uncertainty…
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
