The budget required to operate and support SMC Fire is $55,900,046 for the fiscal year beginning July 1, 2025 and ending June 30, 2026. Unrecoverable costs in the approved budget are allocated between SMC Fire’s three member agencies as prescribed in section 14.2 of the Joint Powers Authority (JPA) governing SMC Fire: 60% to City of San Mateo ($31,047,477), 20% to Foster City ($10,349,159), and 20% to the City of Belmont (also $10,349,159). SMC Fire’s budget for the fiscal year provides for $52,264,552 in General Fund appropriations and $3,635,494 in Fire Protection and Life Safety Fund appropriations.