City Council

C. FISCAL YEAR 2025-2026 GENERAL FUND BUDGET UPDATE AS OF\nDECEMBER 31, 2025\nThis report provides a Fiscal Year 2025-26 budget update for the City’s General\nFund as of December 31, 2025. The budget update incorporates the actual\nrevenues received and expenditures that have occurred through December 31,\n2025, and projects the financial results for the year ending on June 30, 2026.\nThere is no fiscal impact related 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 receive and file the report.