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FY 2026/27 Quarterly Budget Update
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Requested Action(s)
recommendation
This item is for informational purposes only. No further action is required.
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Financial Impact:
As listed.
Background Information:
Attached is a spreadsheet providing a summary of first quarter revenues and expenditures as of September 21, 2026.
Income
The FY 2026/2027 budget utilizes the following revenue sources and is expected to result in a contingency of $69,089.95 (7.32%):
Interest (440300) income is relative to federal interest rates. Pursuant to the guidance provided by the Tehama County Auditor-Controller for the purposes of budgeting interest income, interest revenue is predicted to yield approximately 2% for FY 2026/2027. The first quarter interest apportionment has not yet been posted.
Gate Fees (461001), which are budgeted based on a flat monthly fee of $62,000 per month for FY 2026/2027, represent one month of gate fee revenues.
Hazardous Waste Fees (461005) represents HHW business fees and donations made to the used oil collection facility (ABOPS) and Ag Oil Facility. The first quarter PaintCare reimbursement for our REAP paint reuse program has not yet been received.
Miscellaneous Revenue (471120) generally includes grazing lease fees, and other small amounts of revenue. The first grazing lease payment has not yet been received.
Interfund Revenue (461070) is reimbursed labor costs for grant-related work.
Expenses
Expenses are projected as described below.
- Salary/Wages (51010), PERS (51020), OASDI (51021), Group Insurance (51030), and Unemployment Insurance (51031) take into consideration normal step increases at anniversary dates.
- Pay in Lieu/Misc Payouts (51015) includes payment for accrued vacation or Personal Time Off.
- PERS Unfunded Liability and ADP Misc PERS Unfunded are the Agency’s portion of the PERS unfunded liability, currently at $37,521.00 for FY 2026/27, and an additional discretionary payment to pay down the unfunded PERS loa...
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