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Placerville forecasts smaller general‑fund deficit in FY25–26 midyear review; building permits bolster revenue
Summary
City staff presented the FY25–26 midyear budget showing modest revenue gains (building/engineering fees) and savings from unfilled positions, narrowing a projected general‑fund deficit; staff flagged transfers for liability claims and upcoming Measure L revenue.
City finance staff presented the FY2025–26 midyear budget to the council on May 10 and reported that updated revenue forecasts and departmental expenditure management have reduced the previously projected general‑fund deficit.
Staff reported Bradley‑Burns sales tax remains the largest general‑fund revenue source and the latest forecast modestly adjusted sales tax expectations. Building permits and engineering fees are…
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