City Council

3.1 FY2024-25 3rd Quarter Budget Report\nPresented By: Adam Jantz , Administrative Services Department\nRECOMMENDATION:\n1.) Review and approve the Fiscal Year 2024-25 3rd Quarter Budget Report, and\nadopt a Resolution entitled:\nRESOLUTION NO. 2025 - _____\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WILDOMAR,\nCALIFORNIA, AUTHORIZING ADJUSTMENTS TO THE FY2024-25 BUDGETED\nREVENUES AND EXPENSES\n2.) Commit $1,750,000 of general Fund Balance for a Public Safety Rate Increase\nContingency Reserve\n3.) Establish Fund 103 for a Pension Liability Trust and Fund with $900,000 of\nGeneral Fund Surplus\n4.) Establish Fund 105 for an Asset Replacement Reserve and Fund with\n$350,000 of General Fund Surplus\n5.) Establish Fund 130 for a Field Operations Center and Fund with $500,000 of\nGeneral Fund Surplus Which Will Later Be Reimbursed