Saratoga could have a $4.8 million budget deficit by 2026

Saratoga could face a $4.8 million budget deficit in the next three years. The town’s largest expenditures are salaries and benefits and its contract with the Santa Clara County Sheriff’s Office. (Photograph by George Sakkestad)

The city of Saratoga could face a $4.8 million budget deficit by 2026, staff said at a special city council meeting Wednesday.

Council heard a presentation on the city’s preliminary three-year budget forecast, which showed the city’s spending will likely surpass its revenues, ahead of salary negotiations and the council’s goal-setting retreat.

“I’m not happy to present this to you, but I think it reflects the best information

Related News

How to Overcome Imposter Syndrome and Launch Your First Product with Confidence

Intel was on the brink of downfall. A twist in the AI race could boost its revival

Incident involving suspect with a knife closes Hwy. 101 in San Jose

Scott Pelley speaks: ‘CBS News is on fire’ and Bari Weiss should be removed

5 vehicles stolen from Alameda County parking garage in Oakland

Video footage shows large groups of people fighting in Oakland