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HomeMy WebLinkAbout2025-78 - Adoption of Fiscal Year 2025-2026 Budget RESOLUTION NO. 2025 — 78 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA, ADOPTING A BUDGET FOR THE FISCAL YEAR 2026 WHEREAS, on June 4, 2025, in accordance with National City Municipal Code §2.55.030, the City Manager submitted a preliminary budget for the 2026 Fiscal Year to the City Council and said budget was discussed and deliberated in public session; and WHEREAS, on June 12, 2025, the City Council reviewed and provided final direction on budget enhancement items including additional staffing requests. WHEREAS on June 12, 2025, the City Council authorized for fiscal year 2025/2026, the use of $1.0 million of the Committed Economic Contingency Reserve Funds to be use solely for economic development. The Economic Constancy Reserves Funds will be reduced periodically throughout fiscal year 2025/2026, by eligible expenditures for the advancement and promotion of sustainable economic growth projects within the city. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF NATIONAL CITY, CALIFORNIA, DOES RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS: Section 1: The all-funds budget for the Fiscal Year beginning July 1,2025, with City expenditures totaling $156,890,494 is hereby approved, adopted, and appropriated. Section 2: The amounts by fund outlined in the "Transfers Out" and "Proposed Expenditures" column of "Exhibit 1" attached hereto and incorporated herein by this reference shall be the maximum expenditures authorized for those funds for the Fiscal Year 2026. Section 3: The City Manager is hereby authorized to make budgetary revisions between budget units within a fund after the adoption of this budget. Section 4: The City Manager is hereby authorized to transfer monies between funds up to the maximum outlined in the "Transfers" column in "Exhibit 1" attached hereto and incorporated herein by this reference. Section 5: The estimated financing sources by fund available to meet the authorized expenditures and transfers are approved and adopted as detailed in the Fiscal Year 2026 Preliminary Budget and modified by Council at the June 12 workshop incorporated herein by this reference. Section 6: The City Manager is authorized to adjust amounts of said financing sources subsequent to budget adoption if any appropriation balances carried forward from prior fiscal years had an associated revenue source at the time the appropriation was established. Section 7: The City Council of the City of National City hereby authorizes and approves the number and classification of employees in the respective functions, departments, and activities outlined in the Fiscal Year 2026 Preliminary Budget and modified by Council at the June 12 workshop and incorporated herein by this reference. Section 8: The City Clerk shall certify the passage and adoption of this Resolution and enter it into the book of original Resolutions. PASSED and ADOPTED this 17th day of June 2025. R n Morrison, Mayor ATTEST: Shell hapel, City Clerk /tel APPROVED AS TO FORM: &A41vL/ Barry J. z, City Attorney Passed and adopted by the City Council of the City of National City, California, on June 17, 2025 by the following roll-call vote, to-wit: Ayes: Molina, Rodriguez, Yamane, Bush, Morrison Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: Ron Morrison Mayor of the City of National City, California Shelley Chapel City Clerk of the City of National City, California NA BY: c', E Shelley Ch I, MMC, City Clerk