City Council

I.6\nOPERATING AND CIP BUDGET - FY 2025/26 FIRST QUARTER AND\nCARRYOVERS FROM FY 2024/25 (REPORT OF: FINANCIAL AND MANAGEMENT\nSERVICES) (DISTRICT: ALL DISTRICTS)\nFiscal Year 2025/26 First Quarter Operating & CIP Budget Review and Approval of\nthe First Quarter Operating & CIP Budget Amendments, and Review of the Operating\nand CIP Carryovers from Fiscal Year 2024/25\nRecommendation(s)\nThat the City Council:\n1. Receive and file the Fiscal Year (FY) 2025/26 First Quarter Operating Budget\nReview.\n2. Receive and file the Fiscal Year (FY) 2025/26 First Quarter CIP Budget Review.\n3. Adopt Resolution No. 2025-XX. A resolution of the City Council of the City of\nMoreno Valley, California, adopting the revised operating and CIP budgets for Fiscal\nYear 2025/26.\n4. Approve the Moreno Valley Community Foundation Budget.\n5. Receive and file the Fiscal Year 2025/26 Carryover Memo.\nThat the CSD:\n1. Adopt Resolution No. CSD 2025-XX. A resolution of the City Council of the City of\nMoreno Valley, California, adopting the revised operating and CIP budgets for Fiscal\nYear2025/26.\nThat the Housing Authority:\n1. Adopt Resolution No. HA 2025-XX. A resolution of the City Council of the City of\nMoreno Valley, California, adopting the revised operating and CIP budgets for Fiscal\nYear 2025/26.\nThat the City Council as Successor Agency:\n1. Adopt Resolution No. SA 2025-XX. A resolution of the City Council of the City of\nMoreno Valley, California, adopting the revised operating and CIP budgets for Fiscal\nYear2025/26.\nThat the Moreno Valley Community Foundation:\n1. Adopt Resolution No. MVCF 2025-XX. A resolution of the City Council of the City\nof Moreno Valley, California, adopting the revised operating and CIP budgets for\nFiscal Year2025/26.