OP ED – On April 28, 2026, the Office of Mayor Karen Bass presented to the City Budget and Finance Committee, an overview of the proposed budget for fiscal Year 2026-27 totaling $14.85B, and a total cumulative reserve of 8.4%.
The General Fund includes over $8.5B, and the Special Funds includes approximately $6.3B.
“The Reserve Fund: increased by 5.7%, representing nearly $500M in available funding, while the City’s Financial Stability: Cumulative reserves exceed 8%…” The City started this fiscal year (2025-26) with $14.10B, then increased by 5.3% to the proposed $14.85B, stated the Mayor’s Overview…