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Ceres staff outline FY2026 budget showing $2 million general-fund gap; adoption set for June 23
Summary
City finance staff presented a proposed FY2026 budget that leaves the Ceres general fund about $2 million short, proposes using one-time reserves for now and asks the council for direction on potential reallocations and service changes before a final vote June 23.
Ceres finance director Shannon Essen presented a proposed FY2026 budget on June 2 that projects citywide revenues of about $87.2 million against expenditures of roughly $96.1 million, with the general fund showing a $2 million structural gap.
"The general fund revenues are projected at $27.5 million while expenditures total $29.5 million, resulting in a $2 million deficit," Essen said, adding that the proposed budget relies in part on one-time capital spending funded from enterprise and special revenue balances. Staff projected an unaudited FY24 fund balance of $6.5 million that is expected to fall to…
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