City Council adopts Fiscal Year 2020 budget
The City Council unanimously adopted on May 21 a $172.1 million General Fund budget for the 2020 fiscal year that begins on July 1.
The General Fund is the primary source of revenue for public safety, emergency response, maintenance, library, and other basic municipal services.
The Fiscal Year 2020 General Fund budget authorizes increased spending of $9.3 million over Fiscal Year 2019 General Fund budget while maintaining a 20 percent budget reserve.
Through General Fund and related Measure C sales tax revenue, the City’s combined FY 2020 operating budgets provide for the addition of four new groundskeeper positions to enhance maintenance services citywide and the hiring of one new librarian to support expanded technology services at the soon-to-open new Main Library.
The ability to balance the City’s operating budgets—while maintaining a 20 percent General Fund reserve and adding staff in high priority areas—stems directly from voter approval last November of Measure T, which increased the city’s Real Property Transfer Tax.