Principal Budget Analyst

This position's salary includes the 3% COLA effective July 1, 2026.

Anchored in the foothills of the Sierra Nevada - 20 miles east of Sacramento and about 1.5 hours from Lake Tahoe - the City of Folsom is comprised of beautiful parks and trails, and boasts excellent schools, family-orientated neighborhoods, and outstanding shopping, dining, and cultural options. Folsom is a high-tech, forward-looking city, with firms ranging from small to large international corporations.

Voted by Wallet Hub as the Best Place for Families to Live in California, and 2nd Best Lake Town in America, Folsom is recognized for its affordability, fair weather, education, and health. Folsom’s schools were recognized among the best in Sacramento County.

Under the general direction of the Financial Services Manager, the Principal Budget Analyst performs complex budgetary, financial, economic, statistical functions, evaluates cost and performance data, and provides sound recommendations for budget policy and formulation, implementation and procedure; coordinates activities of the City’s Operating and Capital Improvement Plan Budgets with other departments, governmental agencies, and/or private entities.

• Coordinate and manage the development of the City's financial plan, including capital and operating budgets and financial strategies; lead and participate in complex financial analyses of proposed policy changes; serve as a liaison between departmental management teams; provide information and analytical support involving major projects.
• Monitor assigned departments to ensure that budget priorities are properly executed; evaluate existing and proposed financial strategies, policies, plans, procedures, programs and functions of assigned departments and budget units; consult with and advise department and budget unit staff; make recommendations.
• Conduct detailed research and analysis of economic and legal conditions in the public and private sector to forecast long-term fiscal impact of decisions made by the city about programs and functions of City departments.
• Analyze budgetary and statistical data and make recommendations; and provide financial information, analysis and recommendations for complex labor proposals.
• Analyze City contracts for financial impact, ensuring alignment with the City's Operating and Capital Improvement budgets and compliance with established budgetary limitations.
• Review purchase requisitions to confirm that expenditures remain within approved departmental budgetary constraints.
• Conduct public presentations to the Mayor and City Council, other governmental bodies, community groups, and other public gatherings regarding complex and controversial policy, fiscal, and administrative issues.
• Coordinate, review and evaluate budget segments prepared by operating department and divisions; initiate policy recommendations for functional and organizational changes in departments and budget units to achieve annual budget goals in areas of cost-effectiveness and levels of service of those departments; develop recommendations for, and coordinate budget preparation activities with other staff to prepare the final budget for presentation to the City Council.
• Research, evaluate and make decisions on requests for assigned departments and budget units for changes in allocation of positions, funding appropriations, and program functions on a continuing basis throughout the fiscal year.
• Review existing and proposed local, state and federal legislation for impact on the City, consult with affected departments makes recommendations on action to be taken, and writes proposed changes.
• Provide customer service by responding to information requests, conduct budget analysis, review, research, and providing solutions to problems and correcting errors.
• Review City Council staff reports to evaluate financial impacts and assess implications on the City's Operating and Capital Improvement budgets.
• Represent the office and frequently take the lead role on committees and task forces for the development, scheduling, implementation and monitoring of programs, which have Citywide…