Santa Rosa starts FY 2026–27 budget season; CFO warns of a growing structural deficit CFO Scott Wagner told council the city faces a structural deficit despite recent reductions and one‑time infusions; staff outlined prior actions (54 position reduction, $15.2M ongoing reductions) and forecasted a multi‑million dollar deficit to be refined during budget season.

Santa Rosa's budget season kicks off with alarming news: a projected structural deficit of up to $20 million looms despite recent cuts and measures!

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1 BMO: “Broadly, this is an economically favourable pivot from the deficit #budgets run by the prior #government, but also comes with what looks like a substantial #structuraldeficit down the road.”
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Santa Rosa finance staff report $5 million operating shortfall, warn of $17 million structural gap Interim CFO Scott Wagner told the City Council the general fund finished the year better than expected but the city still faces a structural deficit driven by CalPERS liabilities and stagnant sales tax; staff proposed a tiered, department-level approach to future reductions and asked council for principles on reserves.

Santa Rosa's financial outlook reveals smaller losses than expected, but an alarming $17 million structural deficit looms ahead!

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Justin Trudeau’s fiscal legacy
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