| 20250617 |
LA County |
Rancho Palos Verdes |
City Council |
Pulled Consent Item |
1.
Consideration to adopt the Fiscal Year (FY) 2025-26 Budget for all City funds,
Five-Year Capital Improvement Program (CIP), and Improvement Authorities
(IA). (Moya) (15 mins)
Recommendation: 1) Conduct a public hearing on the FY 2025-26 Budget of
all City funds, the Five-Year CIP, and IA; 2) If deemed acceptable, adopt
Resolution No. 2025-___, A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF RANCHO PALOS VERDES APPROVING A BUDGET
APPROPRIATION AND ADOPTING THE OPERATING AND CAPITAL
IMPROVEMENT BUDGET FOR FISCAL YEAR 2025-26; 3) Adopt Resolution
No. IA 2025-___, A RESOLUTION OF THE RANCHO PALOS VERDES JOINT
POWERS IMPROVEMENT AUTHORITY ADOPTING THE OPERATING
BUDGET FOR FISCAL YEAR 2025-26; and, 4) Affirm a proposed plan to track
and evaluate spending on the financial status of each landslide-related project
as part of the 60-day progress report to consider containing spending, if
warranted, at approximately $4.5 million, which is 50% of the projected deficit
spending of $9 million identified in the FY 2025-26 CIP Fund Budget accepted
by the City Council at its June 3, 2025 meeting.
Agenda Report |
June 17, 2025
LA County
Rancho Palos Verdes
City Council
Pulled Consent Item
#1
|
| 20250603 |
LA County |
Rancho Palos Verdes |
City Council |
Pulled Consent Item |
4.
Consideration to review the Fiscal Year (FY) 2024-25 year-end estimates and
the FY 2025-26 Preliminary Citywide Budget.(Moya/O’Neill/Copp) (30 mins)
Recommendation:
(1) Review the FY 2024-25 year-end estimates and approve Budget
Adjustments in the General Fund by reducing the budget in the amount of
$530,000 in Non-Personnel and increasing Transfers-Out by $100,000 based
on year-end estimates;
(2) Review the Preliminary FY 2025-26 Budget for the General Fund and affirm
the changes since the April 17 Budget Workshop:
a.
Increase the General Fund Revenues by $130,000 (0.04%)
b.
Increase Transfers-In from the Public Safety Fund by $70,000
(28%)
c.
Decrease the General Fund Personnel Expenditure by $32,400
(-0.2%)
d.
Increase the General Fund Non-Personnel Expenditure by
$401,900 (1.9%) based on the information received in May 2025
for the Los Angeles Sheriff Department Contract, City Attorney
Contract, and required deductible insurance from the California
Joint Power Insurance Authority
e.
Adjust General Fund Transfers-Out:
i.
Increase Habitat Restoration Fund by $70,000
ii.
Decrease Subregion One Maintenance Fund by $20,000
iii.
Decrease Abalone Cove Sewer District Fund by $50,000
iv.
Decrease Improvement Authority Portuguese Bend Fund by
$15,000
v.
Add the additional transfer to the CIP Fund from $620,000
(affirmed on April 17, 2025) to $546,650, minus the potential
increase of $150,000 of tax assessments from
ACLAD/KCLAD.
(3) Review and approve the FY 2025-26 Preliminary Citywide Budget consisting
of the Capital Infrastructure Program (CIP) Fund and program list, Special
Revenue Funds, and Permanent Funds and affirm the changes since the April
29 Budget Workshop:
a.
Adjust CIP Fund’s Transfers-In CIP from $620,000 (affirmed on
April 17, 2025) to $546,650, minus the potential increase of
$150,000 of tax assessments from ACLAD/KCLAD.
b.
Increase the Capital Improvement Program from $27.5 million to
$28.6 million, based on the following adjustments:
i.
Increase overall budget for landslide to reflect approximately
33% year-over-year decrease in costs for landslide
emergency stabilization measures as compared to a 50%
year-over-year decrease presented during the CIP Budget
Workshop.
ii.
Increase CIP Fund Expenditures by $1,055,000 as follows:
• Increase by $210,000 to fund the Portuguese Bend Landslide
Remediation Project Design (BRIC Phase 1) using only the
CIP Fund rather than the BRIC grant and CIP match in the
event that the BRIC grant Phase 1 awards are revoked.
• Increase by $700,000 for the addition of a pilot program subsurface geophysical/hydrogeology assessment to the landslide
surface drainage study.
• Decrease Civic Center Campus Master Plan by $105,000
• Decrease Lift Station Improvements at Lower Point Vicente
by $100,000
• Increase Roadway Maintenance (PVDE) by $350,000
iii.
Decrease Gas Tax – HUTA Fund by $500,000
iv.
Increase Gas Tax – SB1 Fund by $750,000
v.
Increase Proposition C Fund by $150,000
vi.
Decrease Measure R Funds by $400,000
vii.
Decrease Federal Grant Fund by $1,436,277
viii. Increasing State Grant Fund by $1,495,000
(4) Review and approve the FY 2025-26 Preliminary Budget for Internal Service
Fund:
a.
Equipment Replacement Fund includes $310,800 in annual
charges for reserves and interest earnings, and $781,929 or 15%
of the replacement value of equipment and depreciation.
b.
Employee Pension Service Fund includes $400,000 in Transfers-In
and $662,000 in CalPERS payments, including $100,000 in
proposed additional payment towards the City’s Unfunded Accrued
Liability for CalPERS with no impact to the General Fund; and
(5) Direct Staff to return on June 17, 2025 for the budget public hearing and
budget adoption consideration.
Agenda Report |
June 03, 2025
LA County
Rancho Palos Verdes
City Council
Pulled Consent Item
#4
|
| 20250603 |
LA County |
Rancho Palos Verdes |
City Council |
Pulled Consent Item |
1.
Consideration to revise the City Council-adopted Housing Element to remove
Site Nos. 16, 18, and 19 from the Housing Sites Inventory. (Forbes) (60 mins)
Recommendation: 1) Review the California Department of Housing and
Community Development’s (HCD) formal review letter of the proposed draft
revisions to the City Council-adopted 2021-2029 Housing Element to remove
Site Nos. 16, 18, and 19 from the Housing Sites Inventory; 2) Review the
potential zoning build-out scenarios for Site Nos. 16, 18, and 19 if: a.
Restoring the sites’ original designation; or b. Retaining the current Housing
Element’s designation, 3) Based on HCD’s letter and the zoning build-out
scenarios determine whether to retain the existing Housing Element zoning
adopted by the City Council on April 16, 2024 by Resolution No. 2024-16 or to
restore the original zoning designation by initiating the public hearing
proceedings to consider adopting the draft revised 2021-2029 Housing
Element by removing Site Nos. 16, 18, and 19 and amending the General
Plan, Zoning Code, and Zoning Map to effectuate those revisions; and,4) If the
City Council determines to retain the existing Housing Element Designation for
Site No. 16, direct Staff to notify Coastal Commission to proceed with
processing the LCP Amendment; or if the City Council determines to initiate
the zone change proceedings to restore the original zoning designations,
continue the public hearing to the June 17, 2025 meeting and direct staff to
bring back a resolution to rescind the City’s request of the California Coastal
Commission to consider the amendment to the Local Coastal Plan and Zoning
Map.
Agenda Report |
June 03, 2025
LA County
Rancho Palos Verdes
City Council
Pulled Consent Item
#1
|