Adoption_of_Final_Budget_June_3__2025.pptx

Adoption of Final Budget
Gregory Luethje, Budget Manager
June 3, 2025

FY 2025-26 Revenues - All Funds
Where Does the Money Come From? - $819.7 Million
Total FY2025-26 Estimated Revenues equals $583,977,000 (excludes transfers in)

FY 2025-26 Expenditures – All Funds
Where Does the Money Go? - $819.7 Million
FY 2025-26 Proposed Expenditure budget equals $819,669,500

FY 2025-26 Revenues– General Fund
Where Does the Money Come From? - $208.9 Million
Total FY2025-26 Estimated Revenues equals $208,898,300 (includes transfers in)

FY 2025-26 Expenditures – General Fund
Where Does the Money Go? - $206.5 Million
FY 2025-26 Proposed Expenditure budget equals $206,523,300

FY2025-26 Personnel Changes- All Funds
PERSONNEL – TOTAL AUTHORIZATION – 962.35 Positions
Public Works Includes HURF and Environmental Services
•
2.5% COLA effective Pay Period beginning 7/6/25 – All Employees
•
4% Merit at anniversary date Non-Public Safety Staff, Represented Public Safety Staff 1 Step Increase (Steps at 5%)
•
1% City Deferred Compensation Contribution

FY 2025-26 Capital Improvement Plan
- All Funds
- $745.4 Million Total 5-year CIP
- $277.2 Million FY 2025-26 CIP

Staff recommends approving Resolution 11-25 
approving the Final Budget for the FY2025-26 
in the amount of $819,669,500.

Questions?