City Council

2.\nADOPTION OF BUDGET FOR FISCAL YEARS 2025-2026 AND 2026-2027 AND THE\nFISCAL YEAR 2025-2026 APPROPRIATION LIMIT – F2M25-17, N2M25-76, R2M25-26,\nR2M25-23, M2M25-1000\nThis is the time and place set by Notice No. N2M25-76 for the City Council to hold a public\nhearing to consider the following:\nA.\nBudget for Fiscal Years 2025-2026 and 2026-2027 and Capital Improvement\nPlan (CIP) for Fiscal Years 2025-2026 through 2029-30: The adoption of the\nAnnual Budget for the City of Alhambra, the Golf Course Clubhouse Corporation,\nAlhambra Capital Improvements Corporation, Alhambra Parking Authority,\nAlhambra Facilities Financing Authority and the Alhambra Public Financing\nAuthority for the fiscal years 2025-2026 and 2026-2027 as well as the Capital\nImprovement Plan for fiscal years 2025-2026 through 2029-30, as more fully\ndiscussed in the June 23, 2025 report of the Director of Finance available on the\nCity’s website and on file in the City Clerk’s Office. The proposed budget reflects\nAlhambra’s continued efforts to safeguard and enhance core services that\npreserve quality of life, promote property value stability, and maintain the City’s\nreputation as a safe and desirable place to live and do business, while addressing\nexternal economic uncertainties. The proposed Budget and CIP reflects the City’s\ncommitment to maintaining essential services that residents rely on, included wellmaintained streets, high-quality parks, safe and clean neighborhoods, and prompt\nemergency response services.\nRecommended Action:\nAfter receiving public testimony, the Mayor should\nclose the public hearing and the City Council should adopt Resolution No.\nR2M25-26 entitled: A Resolution of the Alhambra City Council approving the\nBudget of the City of Alhambra, Golf Course Clubhouse Corporation, Alhambra\nCapital Improvements Corporation, Alhambra Parking Authority, Alhambra\nFacilities Financing Authority and the Alhambra Public Financing Authority for the\nFiscal Years 2025-26 and 2026-27 and the Capital Improvements Plan for Fiscal\nYears 2025-26 through 2029-30; and, direct staff to undertake the steps necessary\nto finalize Council’s action.\nB.\nBudget for Fiscal Years 2025-2026 and 2026-2027: The adoption of the Annual\nBudget for those portions of the Budget pertaining to the Golf Course Clubhouse\nCorporation, Alhambra Capital Improvements Corporation, Alhambra Parking\nAuthority, Alhambra Facilities Financing Authority and the Alhambra Public\nFinancing Authority.\nRecommended Action: After receiving public testimony, the Mayor should close\nthe public hearing and the Golf Course Clubhouse Corporation, Alhambra Capital\nImprovements Corporation, Alhambra Parking Authority, Alhambra Facilities\nFinancing Authority and the Alhambra Public Financing Authority adopt Joint\nMinute Order No. M2M25-1000 as follows:\nRESOLVED by the Golf Course Clubhouse Corporation, Alhambra\nCapital Improvements Corporation, Alhambra Parking Authority,\nAlhambra Facilities Financing Authority and Alhambra Public\nFinancing Authority that this Golf Course Clubhouse Corporation,\nAlhambra Capital Improvements Corporation, Alhambra Parking\nAuthority, Alhambra Facilities Financing Authority and Alhambra Public\nFinancing Authority jointly and severally hereby approve their\nrespective portions of the Budget for Fiscal Years 2025-2026 and\n2026-2027.\nC.\nFY 2025-2026 Appropriation Limit: Proposition XIII B (Gann Initiative) prohibits\nlocal agencies from exceeding their 1978-79 fiscal year appropriations after\nallowing for cost-of-living (CPI) and population changes which are certified by the\nState Department of Finance. Proposition 111 allows the City to adjust its annual\nlimits for the following factors, subject to approval by the City Council:\na)\nb)\nEither the California Per Capita Income or the percentage change in local\nassessment roll from the preceding year due to the addition of local\nnonresidential construction in the City.\nEither the City’s own population growth or the population growth of the entire\ncounty.\nGovernment Code Section 7910 requires agencies to adopt a resolution each year\ndisclosing their appropriation limit. In accordance with Proposition 111, the City is\nrequired to conduct a review of their appropriations limit during the annual financial\naudit. For fiscal year 2023-2024, the City’s appropriation limit was reviewed by our\nauditors, Moss, Levy & Hartzheim, LLP, and determined to be properly calculated.\nThe calculations in computing the City of Alhambra’s appropriation limit for the\n2025-2026 fiscal year are on file in the Finance Department. The appropriation\nlimit for the 2025-26 fiscal year is $201,962,521 and the applicable appropriation\nsubject to this limitation is $85,928,695. Therefore, the City is favorably under the\nappropriations limit by $116,033,826.\nRecommended Action:\nAfter receiving public testimony, the Mayor should\nclose the public hearing and the City Council should adopt Resolution No.\nR2M25-23 entitled: A Resolution of the Alhambra City Council establishing the\nAppropriation Limit for FY 2025-26 and approving the annual adjustment factors\nused in the calculation thereof; and, approve the annual adjustment factors (per\ncapita income change +6.44% and City population change +.22%) used in the\ncalculation of the appropriation limit.