Redding City Council Special Meeting 10-12-2026

At the City of Redding City Council special meeting on October 12, 2026, the council considered the midcycle budget report and associated resolution for FY2026 and FY2027. Finance staff described approximately $4.3 million in citywide adjustments, including about $3.46 million in FY2026 General Fund requests and a net General Fund increase of about $2.9 million for FY2027. The report also marked down FY2027 electric appropriations by $15 million and projected electric revenue $1.71 million below the adopted budget. Staff said the updated outlook showed substantially less General Fund cash than previously forecast and negative budgetary cash by the end of FY2027 without corrective action. The discussion included a possible additional $2.2 million in FEMA SAFER grant reimbursements, which was excluded from the forecast pending federal approval.

The council voted to adjust the transit occupancy tax growth assumption to 2%, set cannabis and other tax growth to zero for the year and 1% in later years, and reduce service-charge growth to 2%; these motions passed. A proposal to reduce internal-charge growth to 2% initially failed, while an alternate motion passed. The council also voted to retain the current license-and-permit projections for now and request further analysis during future budget development. The meeting focused on budget forecasts and revenue assumptions; no contract awards, RFPs, vendor selections, or other specific procurement actions were identified. The final motion to accept the report and adopt the resolution as amended is not fully recorded in the transcript.