CMB_05_20_25 Citizens Finance Advisory Committee Meeting
Citizens Finance and Advisory Committee (CFAC) · May 21, 2025
The City’s Citizens Finance and Advisory Committee met to review pension liabilities and the proposed 2025–26 operating and Measure Q&E budgets. Advisors outlined a roughly $34–36 million CalPERS unfunded actuarial liability and options; the committee discussed budget forecasts, a $1.3M police radio upgrade tied to a state encryption mandate, and approved recommendations to council on long-term fiscal planning and Measure Q allocations.
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