MEETING DATE:
FEBRUARY 10, 2026
SUBJECT:
Title
RESOLUTION NO. 2026-9541 - APPROVING THE MID-YEAR ADJUSTMENTS TO AMEND THE FISCAL YEAR 2025-26 BUDGET AND UPDATING THE CITY'S CLASSIFICATION AND COMPENSATION SCHEDULE
Body
Recommendation
Recommendation
ADOPT resolution approving the recommended Mid-Year adjustments to amend the Fiscal Year 2025-26 Budget and updated classification and compensation schedule.
Body
Board or Commission Action
Not Applicable
Relevant Council Strategic Theme
Good Governance
Relevant Department Goal
Not Applicable
Executive Summary
The purpose of the Fiscal Year 2025-26 Mid-Year Budget Amendment is to adjust the adopted budget for unanticipated revenue and expense items that may occur within the current fiscal year. At this time, staff has identified expenditure and revenue adjustments that are needed prior to the end of Fiscal Year 2025-26. Therefore, staff is submitting a mid-year budget amendment for City Council review and approval. Staff is also recommending changes to the City's Classification and Compensation schedule to better address departmental staffing needs. The proposed changes to this schedule do not have a budgetary impact.
Discussion
After the June 10, 2025 City Council adoption of the budget, each department has the operational flexibility to reallocate appropriations within specified budgeted line-items, but cannot exceed the overall appropriation level as approved by the City Council without approval. The Fiscal Year (FY) 2025-26 budget was adopted with a modest surplus and at this time, Staff has identified additional expenditure and revenue adjustments that are needed prior to the end of FY 2025-26 to ensure departments have sufficient appropriation approved by the City Council, per City fiscal policy. The anticipated adjusted budget will have a net positive impact and maintain a general fund surplus.
Staff worked to carefully identify potential areas where expenditures could be reduced by eit...
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