Financial Sustainability Project

The City of Galt embarked on a Financial Sustainability Project in early 2019 in response to City Council's strategic plan that targeted fiscal sustainability. The City has been reducing expenditure budgets and services annually since Fiscal Year (FY) 2016-17 to address insufficient and declining revenues. Several public sessions were held to communicate and resolve the ongoing fiscal problem.

This project set out to correct several aspects of the City's fiscal situation. 

1. Clearly communicate the fiscal condition of the operating funds. 
2. Develop short-term, mid-term and long-term options for corrective actions. 
3. Structurally balance the operating budgets. 

PowerPoint Presentations

January 21, 2020
Long-Term Revenue Enhancement Discussion (Part II)  

December 3, 2019
Planning Fee Enhancements 

November 5, 2019
Recreation Fee Enhancements

September 3, 2019
Short-Term Budget Cuts

August 27, 2019
Short-Term, Mid-Term, Long-Term Review

July 31, 2019
Parks & Recreation, Lighting & Landscape Districts Focus

July 17, 2019
General Fund Operations

June 4, 2019
Mid-Year Budget

Long-term revenue enhancements or further service reductions will be required to maintain financial sustainability of the City. This project is highly intertwined with the Long Range Financial Plan. 

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