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Pleasant Hill reports FY26 revenues modestly above plan; expenditures below budget
Summary
City staff reported un‑audited FY26 results showing total revenues of about $15.13 million (roughly 1.2% over budget) and expenditures about $18.96 million against a $21.38 million budget; staff highlighted fund-level variances, deferred capital, and bond projects completed.
City staff presented an un‑audited fiscal year 2026 recap to the Pleasant Hill City Council on June 8, reporting revenues modestly above expectations and expenditures below budget as year‑end adjustments are finalized.
"Our total revenue for fiscal year 26 was actually exceeded our budget by like 1.2%," a city finance presenter said, outlining results. The presentation listed budgeted revenue of about $14.96 million and actual revenue of about $15.13 million. Overall expenditures were reported at roughly $18.96 million compared with a budget of about $21.38 million.
Staff attributed the revenue uptick to stronger-than-expected building permit activity, higher special‑event sponsorship receipts and some sales tax receipts. Expenditure savings reflected vacancies, deferred capital projects (including some transportation and water/wastewater items) and timing differences for invoices and engineering costs.
The presentation separated operating water and wastewater figures from bond-funded projects. Staff reported completed bond-funded water and sewer projects with about $3.89 million spent to date from roughly $7.87 million in bond proceeds; remaining bond funds were shown available for upcoming projects.
Council members asked for future quarterly presentations to include year‑over‑year comparisons and a notes column on monthly reports to explain percentage variances; staff said the quarterly presentation format would continue.
Next steps: staff will provide recurring quarterly budget presentations and a column of explanatory notes in routine monthly reports to the council.
