FY 2024-25 Audited Financial Statements
Summary
The city earned another clean financial audit for 2024-25, with revenue of $144 million and Measure G bringing in $31 million. But staff flagged a future deficit, with a March 3 session planned on expenditure reductions — and residents during public comment pushed hard on CalPERS debt and Measure G spending.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Apr 2, 2026.
Impact analysis
$144M revenue, $122M expenditures, ~$31M Measure G revenue; city owes over $180 million to CalPERS per public comment.
Residents get transparency and confirmation that city finances are managed properly.
Mentions & discussions (2)
Revenue Enhancement Oversight Commission
The commission reviewed excerpts from the city's audited financial statements for fiscal year 2024-25. It's part of the group's regular job of keeping an eye on city revenues.
City Council
The city earned another clean financial audit for 2024-25, with revenue of $144 million and Measure G bringing in $31 million. But staff flagged a future deficit, with a March 3 session planned on expenditure reductions — and residents during public comment pushed hard on CalPERS debt and Measure G spending.
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