Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
San Mateo finance director: deficit trimmed but structural gap remains; two‑year budget planned
San Mateo City · April 4, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
Finance Director Abby Feer told the audience the city had budgeted a $12 million deficit for FY 2025–26 and expects that to be closer to $7 million as revenues improved; staff will present a two‑year budget and a 10‑year forecast at an April study session and continue monitoring expenses.
Finance Director Abby Feer told attendees during the State of the City Q&A that the city budgeted about a $12 million deficit for fiscal year 2025–26 but, based on current revenues and expense management, now expects a deficit closer to $7…
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
30-day money-back on paid plans
