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FY 2025/26 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:
Background Information:
Attached is a spreadsheet providing a summary of second quarter revenues and expenditures as of December 22, 2025.
Income
The FY 2025/2026 budget utilizes the following revenue sources and is expected to result in a contingency of $43,854.83 (4.57%):
- 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 2025/2026.
- Gate Fees (461001), which are budgeted based on a flat monthly fee of $70,000 per month for FY 2025/2026, represent five months of gate fee revenues.
- Hazardous Waste Fees (461005) represents HHW business fees, donations made to the used oil collection facility (ABOPS) and Ag Oil Facility, fees for load check waste from Waste Connections and the first quarter PaintCare reimbursement for our REAP paint reuse program.
- Miscellaneous Revenue (471120) generally includes grazing lease fees, and other small amounts of revenue.
- Interfund Revenue (461070) is reimbursed labor costs for grant-related work.
- Fund Balance Available (301900) income utilizes available funds from previous fiscal years as a funding source.
Expenses
Expenses are projected as described below.
- Salary/Wages (510100), PERS (510200), OASDI (510210), Group Insurance (510300), and Unemployment Insurance (510310) take into consideration normal step increases at anniversary dates and the recruitment of an Organic Materials Program Coordinator.
- 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 $48,469.14 for ...
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