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Elk Grove council adopts midyear budget update, approves staffing and one-time adjustments
Summary
The Elk Grove City Council on Feb. 11 approved a midyear budget amendment after staff reported a $4.4 million uptick in projected General Fund revenues and recommended targeted one-time and position-control adjustments. Council approved the resolution by voice vote.
City Council on Wednesday adopted a midyear amendment to the fiscal year 2025–26 budget after staff reported stronger-than-expected revenues and proposed several targeted adjustments.
Budget Manager Nathan Bagwell told the council that staff now projects a $4,400,000 increase in General Fund revenues, driven primarily by higher property- and sales-tax receipts. Bagwell said sales tax is trending up about 8% and that investment income has exceeded earlier estimates, prompting a…
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