finance

This page explains a May 20, 2026 City Council action to amend Escondido's Fund Balance and Reserve Policy. Reviewed sources record the Item 10 request and a 5-0 approval, but this is not current reserve-balance or budget-condition guidance.

May 20, 2026 City Council Item 10 Reviewed Transcript is represented here as a reviewer-authored excerpt from the official City meeting video, used for the Fund Balance and Reserve Policy Amendment final-action claim.

The May 6, 2026 Escondido City Council agenda packet lists Item 10 as a Pension Obligation Bond Workshop requesting that the City Council receive information on Pension Obligation Bonds and the CalPERS Unfunded Accrued Liability, with a staff recommendation to receive and file.