City Council

E. Adoption of Resolutions Approving the City of Rosemead’s FY 2025-26 Operating Budget, Capital Improvement Program Budget, Establishing the FY 2025-26 Appropriations Limit, Approving the Rosemead Housing Development Corporation FY 2025-26 Annual Budget, and Amending the City of Rosemead’s FY 2024-25 Budget The City Council will consider the adoption of the City’s Fiscal Year (FY) 2025-26 Operating and Capital Improvement Budget, which provides for total appropriations of $49,346,480. The General Fund operating budget is $32,123,280. The Capital Improvement Program budget is $7,153,200 and includes funding for one new project, additional funding for existing projects, and funding for annual projects. The proposed budget for the Rosemead Housing Development Corporation (RHDC) is $1,042,300. Recommendation: That the City Council take the following actions: 1. Adopt Resolution No. 2025-32 and Resolution No. 2025-33, entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD ADOPTING THE CITY’S OPERATING BUDGET, AUTHORIZED STAFFING, AND FINANCIAL POLICIES FOR THE 2025-26 FISCAL YEAR AND UPDATING THE LISTING OF SALARY AND JOB CLASSIFICATIONS FOR FULL-TIME POSITIONS; and A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD ADOPTING THE CITY’S CAPITAL IMPROVEMENT PROGRAM (CIP) BUDGET FOR THE 2025-26 FISCAL YEAR 2. Adopt Resolution No. 2025-34, entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROSEMEAD, CALIFORNIA, ADOPTING AN APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2025-26 3. Adopt RHDC Resolution No. 2025-01, entitled: A RESOLUTION OF THE ROSEMEAD HOUSING DEVELOPMENT CORPORATION ADOPTING THE ANNUAL BUDGET FOR THE FISCAL YEAR 2025-26 Staff Report & Attachments A-D Attachment E - Proposed Annual Budget Presentation