City Council

A. ADOPTION OF PROPOSED OPERATING BUDGET, CAPITAL IMPROVEMENT\nPROGRAM, POSITION CLASSIFICATION AND SALARY SCHEDULE, AND\nAPPROPRIATIONS LIMIT FOR FISCAL YEAR 2024-2025 [RESOLUTION NOS.\n24-28, 24-29, 24-30, 24-31]\nThe City Council will hold a public hearing to consider the adoption of the\nproposed operating budget, Capital Improvement Program (CIP), position\nclassification and salary schedule, and appropriations limit for Fiscal Year 2024-\n2025. The general fund operating budget is balanced with a surplus of\n$575,000. Projected general fund revenue is $54,511,000 and proposed general\nfund expenditures are $53,937,000. The fiscal year 2024-2025 all funds\nproposed budget and Capital Improvement Program presents $85,484,000 in\nrevenues and $82,446,000 in expenditures. The general fund has total revenues\nof $54,511,000 and total expenditures of $53,937,000, for a positive net change\nin fund balance of $575,000. New funding for Capital Improvement programs\nis proposed in the amount of $3,053,000.\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 conduct a public hearing on the\nproposed 2024-2025 operating and capital improvement program budgets,\nposition classification and salary schedule, and appropriation limit, and after\nreceiving comments and testimony adopt the following resolutions:\n1. Resolution No. 24-28 adopting the 2024-2025 operating budget.\n2. Resolution No. 24-29 adopting the 2024-2025 Capital Improvement\nProgram budget.\n3. Resolution No. 24-30 adopting the 2024-2025 authorized position\nclassification and salary schedule.\n4. Resolution No. 24-31 establishing the 2024-2025 appropriations limit.