City Council

A. GENERAL FUND PRELIMINARY FINANCIAL RESULTS FOR THE FISCAL YEAR\nENDING JUNE 30, 2025\nThe Fiscal Year ended on June 30, 2025. This report presents preliminary,\nunaudited financial results based on staff forecasts and estimates. While actual\nrevenues and expenditures for the concluded Fiscal Year are still subject to\naudit, staff has prepared projections to provide a timely overview of the General\nFund’s financial performance. The audited financial statements are anticipated\nto be completed by December 31, 2025, and the audit results will be presented\nto the City Council for review and consideration. There is no Fiscal Impact\nrelated to this item.\nCalifornia Environmental Quality Act (CEQA) Determination: Not a Project as\ndefined in Section 15378 of the State CEQA Guidelines.\nRecommended Action:\nStaff recommends that the City Council review and file this report.