Multiyear Financial Plan 2026-2029
Summary
Councilmember Zorrilla warned the city is spending down savings and that state aid projections were off by millions, urging sound financial policies like fund balance and debt limits. Mayor Harvey pushed back, citing an upgraded Moody's bond rating.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 14, 2026.
Impact analysis
The 2025 audit reportedly came in $3 million below projections, with state aid at $6 million versus a $14 million projection.
Stronger fiscal policies could protect residents from service cuts or tax spikes.
Mentions & discussions (2)
City Council - Sep 14, 2026
Councilmember Zorrilla warned the city is spending down savings and that state aid projections were off by millions, urging sound financial policies like fund balance and debt limits. Mayor Harvey pushed back, citing an upgraded Moody's bond rating.
City Council - Mar 5, 2026
The city's plan to balance budgets through 2029, using reserves while developing new revenue like hotel occupancy and cannabis taxes, with a goal of zero reliance on appropriated fund balance by 2031.
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