City Council

4. Review and approve the FY 2026-27 Preliminary Citywide Budget for\nInternal Service Fund:\n• Equipment Replacement Fund includes $197,700 in annual charges for\nreserves and interest earnings, and $401,922 in expenditures.\n• Employee Pension Service Fund includes $400,000 in Transfers-In and\n$781,000 in CalPERS payments, including $100,000 in proposed additional\npayment towards the City's Unfunded Accrued Liability for CalPERS with no\nimpact to the General Fund; and