City Council

E.\n\nAdoption of Resolutions Approving the City of Rosemead’s FY 2025-26 Operating\nBudget, Capital Improvement Program Budget, Establishing the FY 2025-26\nAppropriations Limit, Approving the Rosemead Housing Development\nCorporation FY 2025-26 Annual Budget, and Amending the City of Rosemead’s FY\n2024-25 Budget The City Council will consider the adoption of the City’s Fiscal\nYear (FY) 2025-26 Operating and Capital Improvement Budget, which provides for\ntotal appropriations of $49,346,480. The General Fund operating budget is\n$32,123,280. The Capital Improvement Program budget is $7,153,200 and includes\nfunding for one new project, additional funding for existing projects, and funding\nfor annual projects. The proposed budget for the Rosemead Housing\nDevelopment Corporation (RHDC) is $1,042,300.\n\nRecommendation: That the City Council take the following actions:\n1.\n\nAdopt Resolution No. 2025-32 and Resolution No. 2025-33, entitled: A\nRESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD\nADOPTING THE CITY’S OPERATING BUDGET, AUTHORIZED STAFFING, AND\nFINANCIAL POLICIES FOR THE 2025-26 FISCAL YEAR AND UPDATING THE\nLISTING OF SALARY AND JOB CLASSIFICATIONS FOR FULL-TIME\nPOSITIONS; and A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nROSEMEAD ADOPTING THE CITY’S CAPITAL IMPROVEMENT PROGRAM\n(CIP) BUDGET FOR THE 2025-26 FISCAL YEAR\n\n2.\n\nAdopt Resolution No. 2025-34, entitled: A RESOLUTION OF THE CITY\nCOUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA, ADOPTING AN\nAPPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2025-26\n\n3.\n\nAdopt RHDC Resolution No. 2025-01, entitled: A RESOLUTION OF THE\nROSEMEAD HOUSING DEVELOPMENT CORPORATION ADOPTING THE\nANNUAL BUDGET FOR THE FISCAL YEAR 2025-26\n\nStaff Report & Attachments A-D\nAttachment E - Proposed Annual Budget\nPresentation