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Visalia council receives mid‑year budget; amends surplus policy and appropriates $2.717 million for capital projects
Summary
Finance staff projected the general fund up about $9.5 million and recommended $2.717 million in capital appropriations. Council amended the surplus policy, agreed to set $1.8 million aside for the Civic Center fund pending plans, and requested return of homeless prevention program recommendations; motion passed 4–0.
The Visalia City Council received a fiscal‑year 2025–26 mid‑year financial report and voted to amend the general fund surplus policy and appropriate roughly $2.717 million for capital projects.
Finance and Technology Director Renee Nagle told council the mid‑year projection shows general fund revenues higher than budget by approximately $9.5 million—driven chiefly by sales and property tax—and operating expenditures up about $3.9 million, largely because negotiated memoranda of understanding (MOUs) and wage increases were finalized after the budget was…
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