HomeMy WebLinkAboutReso 38-25 Adopting FY 2025-26 Budget - signedRESOLUTION NO. 38-25
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF MORRO BAY, CALIFORNIA,
ADOPTING THE FISCAL YEAR 2025-26 OPERATING AND CAPITAL BUDGET
T H E C I T Y C O U N C I L
City of Morro Bay, California
WHEREAS, the City of Morro Bay is required to appropriate and expend funds, to conduct the
day-to-day business activity of the City; and
WHEREAS, the Morro Bay City Council finds and determines those appropriations and
expenditures are necessary for continued efficiency, economy, and effectiveness of the City
government operations; and
WHEREAS, the continuing efforts of staff to operate the business of the City, within an approved
budget, and to create savings, wherever feasible, are acknowledged by the City Council; and
WHEREAS, the City Council reviewed the Proposed Budget on May 28, 2025 and provided
input, and there are no subsequent changes to the proposed budget since the May 28, 2025 Budget
Study Sessions; and
WHEREAS, the City Council recognizes that Capital Improvement Projects and one-time
expenditures of the General Fund Vehicle Replacement funds that were authorized and approved in
the current and prior fiscal years, may not be completed by June 30, 2025; and
WHEREAS, the total Proposed Citywide revenue budget for FY 2025-26 is $48.3 million and
the proposed citywide expenditure budget for FY 2025-26 is $53.4 million (net of transfers);
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro Bay, California:
1. The Fiscal Year 2025-26 Operating and Capital Budget, attached hereto as Exhibit 2, at
https://www.morrobayca.gov/827/Budget, and incorporated herein by reference, including
the administrative corrections outlined in Exhibit 1 hereto and any amendments made during
the City Council meeting dated June 24, 2025, are adopted and incorporated herein by
reference; and
2. Staff is directed to incorporate the administrative corrections outlined in Exhibit 1 hereto and
any amendments made during the City Council meeting dated June 24, 2025 and to prepare
and publish a final adopted budget document, with approved amendments; and
3. Subject to paragraph 4, below, the City Manager is authorized to transfer appropriations
within the adopted budget, including from and to capital projects or capital outlay items, so
long as those changes do not significantly and negatively prevent implementation of any
City Council direction or policy, and total appropriations are not exceeded; and
4. City Council approval is required to transfer appropriations between funds and may approve
amendments to adopted budget by adoption of one or more resolutions; and
5. Notwithstanding paragraph 4 above, the City Council authorizes and directs staff to
complete any necessary year-end reconciliation of allocations to and from compensated
absences reserves in accordance with the City of Morro Bay Reserve Policy, established by
City Council via Resolution 37-22; and
6. City Council authorizes and directs the carry forward of unspent budget balances for capital
projects, and General Fund Vehicle Replacement funds approved in the current and prior
fiscal years, but not completed by June 30, 2025, to the Capital Improvement Project
budgets, and GF Vehicle Replacement Fund budgets for the FY 2025-26 fiscal year; and
7. City Council approval is required for any proposed increase to the number of CalPERS
benefited, budgeted positions, hired; and
8. Per City Council minute order May 24, 2004, any expenditures, in excess of the
assessments received for the Cloister Assessment District, will be subsidized by the General
Fund, without additional request made to the City Council; and
PASSED AND ADOPTED, by the City Council of the City of Morro Bay, at a regular meeting
thereof held on the 24th day of June 2025, by the following vote:
AYES: Wixom, Eckles, Edwards, Landrum, Luffee
NOES: None
ABSENT: None
ABSTAIN: None
RECUSED: None
______________________________________
CARLA WIXOM, Mayor
ATTEST:
______________________________
DANA SWANSON, City Clerk
Carla Wixom (Jun 25, 2025 16:31 PDT)
Carla Wixom
Budget Section Description Fund Department Account Department
Original
Proposed
Budget
Increase/
(Decrecase)
Revised
Proposed
Budget
-
-
-
Total Revenues/Transfers In - - -
Total Revenue Change Net of Transfers -
Expenditures/Transfers Out
Budget Section Subsection(s)
PDF Starting
Page # Description Fund Department Account Department
Original
Proposed
Budget
Increase/
(Decrecase)
Revised
Proposed
Budget
Budget Overview Fund Balances
Summary 52
Fund Summaries Citywide Budget
Summary 74
Fund Summaries Citywide Operating
Budget Summary 85
Fund Summaries Economic
Development Fund 164
Departments City Manager's
Office 200
Total Expenditures/Transfers Out 90,000 (65,000) 25,000
Total Expenditure Change Net of Transfers (65,000)
Revenues/Transfers In
Chamber of
Commerce
Contract for
Services
907 - Economic
Dev Fund
7410 -
PG&E
Diablo
Closure
8721 -
Payment to
Other Agency
25,000 (65,000) 90,000 City Manager
Cluster
Exhibit 1. Changes to the Proposed Budget since the May 28, 2025 Budget Study Session
Reso 38-25 Adopting FY 2025-26 Budget
Final Audit Report 2025-06-25
Created:2025-06-25
By:Heather Goodwin (hgoodwin@morrobayca.gov)
Status:Signed
Transaction ID:CBJCHBCAABAA7VhH21TGkolVzu5Vs-hiDfMddCbvTYx9
"Reso 38-25 Adopting FY 2025-26 Budget" History
Document created by Heather Goodwin (hgoodwin@morrobayca.gov)
2025-06-25 - 11:10:46 PM GMT
Document emailed to cwixom@morrobayca.gov for signature
2025-06-25 - 11:11:26 PM GMT
Email viewed by cwixom@morrobayca.gov
2025-06-25 - 11:31:22 PM GMT
Signer cwixom@morrobayca.gov entered name at signing as Carla Wixom
2025-06-25 - 11:31:55 PM GMT
Document e-signed by Carla Wixom (cwixom@morrobayca.gov)
Signature Date: 2025-06-25 - 11:31:57 PM GMT - Time Source: server
Document emailed to Dana Swanson (dswanson@morrobayca.gov) for signature
2025-06-25 - 11:31:59 PM GMT
Email viewed by Dana Swanson (dswanson@morrobayca.gov)
2025-06-25 - 11:37:55 PM GMT
Document e-signed by Dana Swanson (dswanson@morrobayca.gov)
Signature Date: 2025-06-25 - 11:38:06 PM GMT - Time Source: server
Agreement completed.
2025-06-25 - 11:38:06 PM GMT