TO: MAYOR AND CITY COUNCIL MEMBERS, CITY OF CHINO
FROM: LINDA REICH, CITY MANAGER
SUBJECT
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Fiscal Year 2025-2026 Budget Adoption.
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RECOMMENDATION
recommendation
1) Adopt Resolution No. 2025-034, approving the Fiscal Year (FY) 2025-26 Proposed Budget; 2) adopt Resolution No. 2025-035, approving the Appropriations Limit for Fiscal Year 2025-26; and 3) authorize the City Manager to execute all necessary documents on behalf of the City.
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FISCAL IMPACT
The City's total budget for FY 2025-26, excluding the Successor Agency, reflects a comprehensive financial plan ensuring fiscal sustainability across municipal operations. The total City budget stands at $325,463,781 in revenue and $266,048,003 in expenditures. Total transfers in and out between funds amount to $61,885,305, supporting interfund allocations and operational needs. Total capital projects across all funds amount to $8,986,653, ensuring continued investment in infrastructure and municipal improvements.
As the primary operating fund of the City, the General Fund supports essential municipal services, including public safety, administration, and community programs. The FY 2025-26 General Fund Budget includes updated revenue estimates, expenditures, capital projects, and fund transfers. General Fund revenue is projected at $131,036,755, with $100,167,052 in expenditures and $287,000 allocated for capital projects. Transfers include $1,841,662 in incoming funds and $27,900,879 in outgoing allocations, resulting in an estimated net surplus of $4,523,486.
The Successor Agency budget totals $3,276,688 in revenue and $3,343,403 in expenditures, reflecting its financial obligations to wind down the activities of the former redevelopment agency.
CITY OF CHINO MISSION / VISION / VALUES / STRATEGIC ISSUES
The recommendation detailed above furthers the City's values and strategic issues that serve as key pillars on which identified priorities, goals, and action plans are built, by fostering:
* Fi...
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