Folsom seeks input on $3 million budget shortfall solutions

FOLSOM, Calif. —

The city of Folsom is set to discuss a multi-million-dollar budget shortfall and possible cost-saving measures at a meeting Tuesday night.

City leaders say Folsom is facing rising costs and flat revenues, which have resulted in a general fund deficit of $3 million for the 2025-26 fiscal year.

In a staff report issued in advance of the Sept. 23 meeting, the city manager's office explained that dealing with the city's finances is much like managing a household budget. When people face a decline in income after job changes or unexpected expenses, they have to make difficult but necessary decisions to reduce spending.

“Continuing to spend more than it earns is unsustainable and ultimately leads to long-term financial instability,” the report read. “In the same way, a city