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San Bruno council adopts midyear budget adjustments, citing Walmart.com tax share and RAC subsidy
Summary
Council adopted midyear amendments to the FY 2025–26 budget after hearing a CFO report showing higher‑than‑budget revenue (including an $8M Walmart.com tax‑share receipt) and recommending one‑time transfers (about $3.65M) to cover recreation center and senior nutrition deficits and other one‑time needs.
San Bruno City Council voted unanimously on April 14 to adopt midyear fiscal adjustments to the FY 2025–26 budget after a midyear presentation by Administrative Services Director and CFO Nick Pagaros.
Pagaros told the council the city is projecting higher revenue this year, primarily because the full Walmart.com tax‑share is recorded at year‑end (estimated at $8 million for the fiscal year). He cautioned that the city retains a structural deficit of about $4 million absent that revenue. "The general fund does have a structural deficit of about $4 million," he said.
Staff recommended one‑time use of unassigned fund balance totaling approximately $3.65 million to close prior‑year deficits and one‑time shortfalls: a $2.4 million carryover deficit in the Recreation/Aquatics Center fund, an increased RAC subsidy for FY 25–26 of about $1.8 million (an additional $400,000 from the adopted midyear assumption), a $300,000 deficit for the senior nutrition program from FY 24–25, and other one‑time capital and operational requests across parks, library, public works and fire. Staff emphasized these are one‑time transfers and do not create ongoing commitments.
After discussion of financing sources and ongoing risks (including potential state shortfalls on vehicle license fee backfill), council moved and adopted the resolution amending the FY 2025–26 budget; the motion passed 5–0.
Provenance: CFO midyear presentation and council vote, April 14.
