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AGENDA ITEM REVIEW FORM
2.A.
Work Session
Meeting Date:
11/05/2025
Department Head:
Roula Encinas
Submitted By:
Roula Encinas, Director of Finance, Finance Department
Action Requested:
Discussion Item - No Action to be Taken

ITEM:

Discussion and review on any and all matters regarding the 5-year projection of the City of San Luis.  (Roula Encinas, Director of Finance)

SUMMARY:

The City of San Luis must have the ability to anticipate future financial challenges and maintain fiscal stability. To support city officials in making informed decisions, the Finance Department develops five-year revenue and expenditure forecasts. These forecasts will include:
  • Revenue projections from sales tax, state-shared revenues, and utility revenues.
  • Expenditure trends, including personnel costs and operational needs.
  • Reserve fund levels to ensure financial preparedness for economic downturns and unexpected expenses.
  • Capital improvement and infrastructure investments.
Long-Range Planning & Reserves: Annual financial projections will guide budget decisions, ensuring preparedness for economic shifts and infrastructure needs. A minimum reserve of six months' operational expenditure will be maintained. Any use of reserves must include a structured repayment plan within three fiscal years.

RECOMMENDATION / SUGGESTED MOTION:

Discussion and possible directions to staff only, no action. 

Fiscal Impact

IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
N/A
CITY/STATE/FEDERAL FUNDS:
N/A
TOTAL:
N/A
BUDGETED AMOUNT:
N/A
AVAILABLE AMOUNT TO TRANSFER:
N/A
ACCT NAME & GL#/REMAINING BALANCE BEFORE PURCHASE:
N/A

FISCAL IMPACT STATEMENT (IF THIS IS A BUDGET TRANSFER, YOU MUST ATTACH THE BUDGET ADJUSTMENT FORM):

N/A

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