Review city's mid-year budget with $8.5 million more revenue than expected
In Plain English
The city collected $8.5 million more revenue than budgeted through December 2022. Staff wants to spend $7.9 million of this extra money on city operations. If approved, the city keeps a surplus of about $534,000 for the current fiscal year.
Auto-generated summary. Source: official agenda documents.
Votes
To support Option B with changes that of the proposed $850,000 for risk reserve, $750,000 should instead go towards Carlson Crosstown Connection, $100,000 towards storm related costs and direction that staff implement a five-year plan, starting in Fiscal Year 2023-2024, to increase unfunded liabilities. With the addition that $50,000 of the $3.1 million in Option B could be used for fire access in District 4 unless it could be acquired through Measure X funding.
7 to 0
Related Items
Receive monthly financial reports for January 2026
Mar 17, 2026
Approve 3 human resources contracts totaling $269,100
Mar 17, 2026
Accept $10,000 Carnegie Corporation gift for library history room and museum
Mar 17, 2026
Accept $137,058 state grant for adult literacy and English language programs
Mar 3, 2026
Appropriate $8.2 million in leftover funds from last year's budget
Mar 3, 2026
Update authorized signers for Local Agency Investment Fund accounts
Mar 3, 2026
Approve 3-year contract for irrigation supplies up to $150,000
Mar 3, 2026
Receive annual financial audit report for fiscal year 2025
Mar 3, 2026
Receive monthly financial report for rent control program through January 2026
Feb 18, 2026