The City of Sacramento says it has more money coming in than expected, but more money is going out too. If the fiscal year ended today instead of next June, the City's "operating departments" would have a $300,000 shortfall.
Budget Manager Dawn Holm says many variables could change between now and the end of the fiscal year.
"The first quarter is really an early indication of how the City is doing on budget and bringing in revenues. We'll have a much better idea and picture for the City Council when we report in February on the mid-year budget report."
The Sacramento Police Department is projected to be $1.7 million over-budget for the fiscal year. The department blames updating technology and increased officer overtime.
The fire department is expected to spend $800,000 more than budgeted, but it's also expecting more than $1 million in unanticipated revenue.
The City expects tax revenues from Measure U will also exceed expectations, helping the City realize a surplus by the end of the fiscal year.
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