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HomeMy WebLinkAboutCC RES 26-29Docusign Envelope ID: E3F42281-659A-8BD9-8100-2E831E06343F RESOLUTION NO. 26-29 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADOPTING THE SECOND YEAR UPDATE TO THE 2025-2027 BIENNIAL BUDGET AND RELATED DOCUMENTS FOR FISCAL YEAR 2026- 2027 WHEREAS, in accordance with Section 1415 of the Tustin City Code, the City Manager has prepared and submitted to the City Council a Proposed Biennial Budget for the 2025-2027 fiscal years, beginning July 1, 2025; and WHEREAS, the City Council, as the legislative body of the City, has reviewed the proposed biennial budget. NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve, determine and order as follows: SECTION 1. A certain document is on file in the office of the City Clerk of the City of Tustin, being marked and designated "FY 2025-2027 Biennial Operating & Capital Improvement Program Budget 2nd Year Update FY 2026-2027". The said document, as prepared by the City Manager and reviewed by the City Council, is hereby adopted for the fiscal year commencing July 1, 2026; SECTION 2. The following sums of money are hereby appropriated from the anticipated revenues and available fund balances of the City of Tustin for the Fiscal Year 2026-2027. GOVERNMENTAL FUNDS General Fund: City Council 135,663 City Clerk 1,386,456 City Attorney 900,000 City Manager 3,134,579 Finance 2,281,340 Human Resources 2,046,116 Community and Economic Development 7,170,850 Public Works 19,896,229 Police 45,393,118 Fire 11,490,990 Parks & Recreations 6,777,117 Non -Departmental 22,374,363 Total General Fund $122,986,821 Resolution 26-29 Page 1 of 5 Docusign Envelope ID: E3F42281-659A-8BD9-8100-2E831E06343F Saecial Revenue Funds Cable PEG Fees $150,000 CDBG 823,845 Community Facilities Districts/Tax B 14,177,635 Gas Tax 2,817,474 Measure M2 5,275,646 PARS Pension and OPEB 110,000 Road Maint & Rehab Allocation 7,384,593 SCAQMD 128,400 Solid Waste 822,507 Special Events 759,480 Supplemental Law Enforcement 343,633 Tustin Landscape & Lighting District 1,161,260 Tustin Street Lighting 1,811,589 Total Special Revenue Fund 35,766,062 Caaital Proiects Funds Backbone Fees 9,346,141 Capital Projects 16,535,766 Park Development 8,231,329 Land Sale Proceeds 37,059,308 Total Capital Projects Fund 71,172,544 Internal Service Funds Equipment Replacement 4,029,524 Information Technology 6,851,125 Risk Management Funds (181,182,183) 6,383,300 Total Internal Service Fund 17,263,949 TOTAL GOVERNMENTAL FUNDS $247,189,376 WATER ENTERPRISE FUNDS Operations/Debt Service $26,649,817 Capital Improvements 1,138,143 TOTAL WATER ENTERPRISE FUNDS $27,787,960 GRAND TOTAL $274,977,336 SECTION 3. The Financial & Budget Policies as presented in the Fiscal Year 2026-2027 Budget are hereby adopted by the City Council. Resolution 26-29 Page 2 of 4 Docusign Envelope ID: E3F42281-659A-8BD9-8100-2E831E06343F PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, California, held on the 2nd day of June 2026. A� 17'..Za AUSTIN LUMBARD, Mayor ATTEST: ERICA N. YASUDA, City Clerk APPROVED AS TO FORM: `v-4K- DAVID E. KENDIG, City Attorney Resolution 26-29 Page 3 of 4 Docusign Envelope ID: E3F42281-659A-8BD9-8100-2E831E06343F STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) I, Erica N. Yasuda, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, do hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 26-29 was duly passed and adopted at a regular meeting of the Tustin City Council, held on the 2nd day of June 2026, by the following vote: COUNCILMEMBER AYES: Lumbard, Schnell, Gallagher, Fink, Nielsen (5) COUNCILMEMBER NOES: (0) COUNCILMEMBER ABSTAINED: (0) COUNCILMEMBER ABSENT: (0) COUNCILMEMBER RECUSED: (0) fy i(A N. ASLti a Gf� ERICA N. YASUDA, City Clerk Resolution 26-29 Page 4 of 4