NEWS: County Unveils $4.9 Billion Budget; Uncertainties Loom
San Mateo County, California sent this bulletin at 05/23/2025 02:57 PM PDT
May 23, 2025
For Immediate Release
County Unveils $4.9 Billion Budget; Uncertainties Loom
Redwood City – Wait and see.
That’s the take-away from the 2025-26 Recommended Budget released today by County Executive Mike Callagy.
The $4.9 billion budget is balanced and reflects the County’s commitment to protect services relied upon by San Mateo County’s 740,000 residents.
Yet the state’s projected $14 billion deficit and uncertainty surrounding federal funding leaves local officials bracing for challenging times ahead.
“In an environment marked by economic uncertainty and potentially significant policy shifts, we are preparing thoughtfully and ensuring we remain flexible,” Callagy said.
“While this budget reflects the realities of increased pressures both with respect to revenues and expenses, we are prepared to respond to circumstances as they change,” he said.