Fiscal Commission - May 6, 2026

City Fiscal Commission · May 7, 2026

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2:09:12

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Call to order and agenda approval

Call_to_orderMotion

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Chair (speaker 1) called the meeting to order, confirmed a quorum despite several absences (commissioners Marbayashi, Baitla and Garrett absent), and the commission approved the meeting agenda by voice vote after a motion and second; item passed unanimously.

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The fiscal commission received a midyear budget update showing lower-than-expected revenues and a midcycle reserve projection of 8.9%; staff warned the general fund is operating in a structural deficit and commissioners asked staff to arrange a special meeting to review the midcycle budget prior to the council discussion.

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Transcript

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