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Millbrae council adopts FY 2025-26 midyear budget adjustments; finance staff flag vehicle-license-fee uncertainty
Summary
Council unanimously adopted midyear budget amendments that incorporate grant reimbursements and project funding, while staff warned an unresolved state-level vehicle-license-fee (VLF) allocation issue could lower expected revenue; council approved the adjustments 5-0.
The Millbrae City Council on March 24 approved midyear adjustments to the city's FY 2025-26 budget after a presentation from Finance Director Mike Sun.
Sun reported the general fund revenue picture had strengthened in several areas: local sales-tax receipts were tracking above the adopted estimate (the presentation adjusted the sales-tax forecast upward), the city received a $323,000 grant for the Millbrae Transit Center micromobility hub, and the city received approximately $113,000 in reimbursements for winter-storm…
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