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HomeMy WebLinkAboutReso 2025-076RESOLUTION NO. 2025-076 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ADOPTING THE OPERATING BUDGET FOR COMMUNITY FACILITIES DISTRICTS 97-1, 97-2, 99-2 FOR FISCAL YEAR 2025-26 AND APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2026 WHEREAS, the City Council of the City of Chula Vista received and considered the City Manager’s proposed operating and capital improvement budget for the City of Chula Vista for the fiscal year ending June 30, 2026; and WHEREAS, on April 24, 2025, the Measure P Citizens’ Oversight Committee (COC) affirmed that the proposed budget for Measure P was in compliance with the City’s approved Infrastructure, Facilities and Equipment Expenditure Plan; and WHEREAS, on April 10, 2025, the Measure A Citizens’ Oversight Committee (COC) affirmed that the proposed budget for Measure A was in compliance with the City’s approved Intended Public Safety Expenditure Plan; and WHEREAS, on May 15, 2025, as required by the City Charter, the Parks and Recreation Commission reviewed and approved the fiscal year 2025-26 proposed budget for the Parks and Recreation Department; and WHEREAS, the City Manager’s Proposed Budget for Fiscal Year 2025-26 was presented at the May 6, 2025 City Council meeting; and WHEREAS, at the May 6, 2025 City Council meeting, the City Council accepted the City Manager’s proposed operating and capital improvement budgets for Fiscal Year 2025-26 as its proposed budget, and set May 20, 2025, as the date for the adoption of the Fiscal Year 2025-26 budget; and WHEREAS, the budget submitted at this time for formal adoption and appropriation has been published for the requisite ten-day public review period and represents the City Council’s final proposed budget for Fiscal Year 2025-26, as accepted on May 6, 2025; and WHEREAS, a copy of the proposed budget document is on file in the Office of the City Clerk; and WHEREAS, a public hearing on the budget was noticed and held as required by the City Charter, and all public testimony was received and considered. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it adopts the operating budget for Community Facilities Districts 97-1 (Fund 388 CFD 97-1 Otay Ranch), 97-2 (Fund 386 Otay Ranch Preserve), 99-2 (Fund 382 CFD 99-2 Otay Ranch Village 1 West) for the Fiscal Year ending June 30, 2026 and appropriates funds for Fiscal Year 2025-26 as summarized in the following table: Docusign Envelope ID: FE8BBB05-2FAE-4D8F-89EA-0CDE1C345782 Resolution No. 2025-076 Page No. 2 FUND SUPPLIES & SERVICES UTILITIES OTHER EXPENSES TRANSFERS OUT TOTAL FY 2026 REVENUE 388 CFD 97-1 Otay Ranch 2,908,005 556,410 456,055 3,980 3,924,450 3,579,299 386 Otay Ranch Preserve 720,540 - 95,348 663 816,551 980,025 382 CFD 99-2 Otay Ranch Vlg 1 West 857,537 212,235 136,866 1,204 1,207,842 1,135,089 Presented by Approved as to form by Sarah Schoen Marco A. Verdugo Director of Finance/Treasurer, City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 20th day of May 2025 by the following vote: AYES: Councilmembers: Chavez, Fernandez, Preciado, and McCann NAYS: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: Inzunza John McCann, Mayor ATTEST: Kerry K. Bigelow, MMC, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2025-076 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 20th day of May 2025. Executed this 20th day of May 2025. Kerry K. Bigelow, MMC, City Clerk Docusign Envelope ID: FE8BBB05-2FAE-4D8F-89EA-0CDE1C345782