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Item 30 - Presentation - Budget Workshop
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Item 30 - Presentation - Budget Workshop
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5/5/2026 9:18:46 PM
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5/5/2026 9:17:29 PM
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City Clerk
Agency
Finance & Management Services
Item #
30
Date
5/5/2026
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I <br />Updated General Fund Outlook <br />Noun the deficit was reduced from $19M to $13M following April 7 Eorly Direction <br />Net Revenue Adjustments <br />CPI -based increases +$o.gEM, partially offset by -$1.2M sales tax reduction <br />per latest consultant update <br />Net Expense Adjustments <br />OC Streetcar $0.5M VS. $2.0K contracts h [d flat: equipment repLacerrent not <br />funded offset by higher pension contribution <br />($0925M) <br />$5.75M <br />U <br />
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