New Fiscal Year Budget Takes Effect

The Folsom City Council approved a $209 million balanced budget for the 2019-20 fiscal year starting July 1, marking the end of an annual process of evaluating the city’s fiscal health, community priorities, infrastructure needs, and daily operations. The budget represents a $3.3 million increase over last year’s adopted budget.

This budget preserves and enhances the fundamental priorities of the community and maintains a sustainable budget that addresses the city’s priority programmatic needs. The budget includes an operating budget for day-to-day city programs and services and a capital improvement program which funds public construction projects and infrastructure. The spending plan includes:

  • Green Valley Road widening 
  • Street resurfacing and drainage improvements
  • Upgrades at the water treatment plant
  • Davies Park improvements, including a new streetscape, parking lot, and baseball field
  • Livermore Community Park improvements, including trail connections, walkways, drainage systems, and a new parking lot
  • Benevento Family Park design, and partial funding reserved for future construction
  • Fire Station 38 renovation and modernization
  • One new replacement fire engine
  • Ten new replacement police department vehicles
  • Expanded intelligent transportation systems technology 

The budget is available on the city’s website. For more information contact Budget Manager Terri Hemley at themley@folsom.ca.us or 916-461-6083.