City Council

10.\nADOPTION OF FISCAL YEAR 2025-2026 BUDGET AND GANN\nAPPROPRIATION LIMIT As directed by the City Council at the May 20,\n2025 budget workshop, the Proposed Biennial Operating Budget and\nCapital Improvement Program for Fiscal Years 2025-2026 and 2026-2027,\nreflect the objectives of the 10-year Fiscal Sustainability Strategy\nnecessary for the City to achieve its goal of operating with a structurally\nbalanced budget. The Proposed Budget allocates resources to support\nthe City Council’s priorities and maintains a 20% General Fund Reserve\nlevel for Fiscal Years 2025-2026 and 2026-2027.\nRecommendation: Staff recommends that the City Council: 1. Adopt\nResolution No. 25-45, Adopting the first year (Fiscal Year 2025-2026) of\nthe 2025-2027 Biennial Budget and Related Documents for Fiscal Year\n2025-2026; 2. Select the price factor for adjusting the Fiscal Year 20252026 GANN Appropriation Limit; 3. Adopt Resolution No. 25-41 setting the\nappropriation limit for the Fiscal Year 2025-2026 at $131,615,075; 4.\nAdopt Tustin Housing Authority Resolution No. 25-03, Adopting the\nHousing Authority Budget for Fiscal Year 2025-2026; and 5. Adopt\nResolution No. 25-39, Updating the Citywide Salary Schedule and the\nPosition Control Schedule consistent with the Proposed Budget for Fiscal\nYear 2025-2026. RESOLUTION NO. 25-45 A RESOLUTION OF THE\nCITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, ADOPTING\nTHE FIRST YEAR (FISCAL YEAR 2025-2026) OF THE 2025-2027\nBIENNIAL BUDGET AND RELATED DOCUMENTS FOR FISCAL YEAR\n2025-2026 RESOLUTION NO. 25-41 A RESOLUTION OF THE CITY\nCOUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, DETERMINING\nAND ADOPTING AN APPROPRIATION LIMIT FOR THE FISCAL YEAR\n2025-2026 IN ACCORDANCE WITH ARTICLE XIII B OF THE\nCONSTITUTION OF THE STATE OF CALIFORNIA, AND SECTION 7910\nOF THE GOVERNMENT CODE TUSTIN HOUSING AUTHORITY\nRESOLUTION NO. 25-03 A RESOLUTION OF THE TUSTIN HOUSING\nAUTHORITY OF THE CITY OF TUSTIN, CALIFORNIA, ADOPTING THE\nHOUSING AUTHORITY BUDGET FOR THE FISCAL YEAR 2025-2026\nRESOLUTION NO. 25-39 A RESOLUTION OF THE CITY COUNCIL OF\nTHE CITY OF TUSTIN, CALIFORNIA, UPDATING THE CITYWIDE\nSALARY SCHEDULE AND THE POSITION CONTROL SCHEDULE\nFiscal Impact: The proposed budget for Fiscal Year 2025-2026 allocates\nresources to support delivery of citywide public services and maintains a\n20% General Fund Reserve level for Fiscal Years 2025-2026 and 20262027.