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Presentation - Item 25 - June 3 2025 - FY25-26 Budget Public Hearing
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Presentation - Item 25 - June 3 2025 - FY25-26 Budget Public Hearing
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6/4/2025 9:16:08 AM
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City Clerk
Agency
Finance & Management Services
Item #
25
Date
6/3/2025
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@ wd ;r±i :4K ei a 61L i a ko#.� <br />$670 <br />0 <br />$630 <br />$590 <br />$550 <br />$510 <br />$470 <br />S05413.8 <br />$413.8 <br />$390 <br />6.8 <br />3.0 <br />$350 <br />FY25.26 FY26.27 FY27-28 FY28.29 FY29-30 FY30.31 FY31.32 FY32.33 FY33-34 FY34.35 <br />(Revenue — Spending <br />111611111[10116 <br />Assumptions <br />• Recurring Amounts Only <br />• Debt Pay -Offs <br />• Measure X Rate Decrease <br />(1.5% to 1.0% in April 2029) <br />• Inflationary increases FY26-27 and later, <br />based on the California Department of <br />Finance forecast of CPI <br />• Labor increases based on MOU's <br />• Orange County Fire Authority (OCFA) <br />contract increase of 4.5% annually <br />• Employee pension unfunded liability <br />contributions as estimated by CaIPERS <br />• Contributions to, and uses of, the Pension <br />Stabilization Account have been included <br />to smooth the pension debt fluctuations <br />
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