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Lemoore finance director presents healthier revenue picture; council begins FY27 budget process
Summary
Finance Director Joselyn Valdez told the Lemoore City Council the general fund is projected to come in higher than budgeted for FY26, driven by Measure S and new SB90 claims, and outlined proposed FY27 revenues and enterprise fund challenges including lower water consumption and planned AMI meters.
Joselyn Valdez, Lemoore finance director, told the city council on April 21 that the city's general fund is tracking above the FY26 adopted budget and outlined proposed revenues for FY27.
"So looking at general fund, we budgeted 18.4 million and we are projecting at coming in 21.3," Valdez said, noting the increase stems largely from Measure S receipts and newly captured SB90 reimbursement claims. She said SB90 claims are expected to bring about $416,000 this fiscal year and that…
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