City Council

6.2 ADOPTION OF OPERATING BUDGET AND CAPITAL IMPROVEMENT PROGRAM BUDGET PLAN FOR FISCAL YEAR 2026/27 (Cervantez/Turner) RECOMMENDATION: 1) Receive the staff presentation and report. 2) Council questions of staff. 3) Open the Public Hearing. 4) Receive public testimony. 5) Close the Public Hearing. 6) Council discussion and deliberation. 7) Adopt a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO SANTA MARGARITA, CALIFORNIA, ADOPTING THE OPERATING BUDGET AND CAPITAL IMPROVEMENT PROGRAM BUDGET PLAN FOR FISCAL YEAR 2026/27 8) Adopt a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO SANTA MARGARITA, CALIFORNIA, ADOPTING A SEVEN-YEAR CAPITAL IMPROVEMENT PROGRAM IN CONFORMANCE WITH RENEWED MEASURE M (M2) REQUIREMENTS 9) Adopt a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO SANTA MARGARITA, CALIFORNIA, AUTHORIZING THE EXPENDITURE OF COMMUNITY ASSISTANCE FUNDING TO THE RSM CHAMBER OF COMMERCE TO SUPPORT RANCHO FAMILY FEST AND ECONOMIC DEVELOPMENT EFFORTS FOR THE RANCHO SANTA MARGARITA COMMUNITY 10) Adopt a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO SANTA MARGARITA, CALIFORNIA, AUTHORIZING THE EXPENDITURE OF COMMUNITY ASSISTANCE FUNDING TO THE RANCHO SANTA MARGARITA LANDSCAPE AND RECREATION CORPORATION IN SUPPORT OF THE ANNUAL 4th OF JULY COMMUNITY EVENT 11) Adopt a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO SANTA MARGARITA, CALIFORNIA, ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2026/27 Item No. 6.2