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HomeMy WebLinkAboutReso 2026-097RESOLUTION NO. 2026-097 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 2026-27 AND APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2027 WHEREAS, the City Council of the City of Chula Vista received and considered the City Manager’s proposed operating and capital improvement program budgets for the City of Chula Vista for the Fiscal Year ending June 30, 2027 (“City Manager’s Proposed Budget”); and WHEREAS, on April 9, 2026, the Measure A Citizens’ Oversight Committee (COC) affirmed that the City Manager’s Proposed Budget for the Fiscal Year ending June 30, 2027, for the Measure A Sales Tax Fund was in compliance with the City’s approved Intended Public Safety Expenditure Plan; and WHEREAS, on April 16, 2026, as required by the City Charter, the Parks and Recreation Commission reviewed and approved the City Manager’s Proposed Budget for the Fiscal Year ending June 30, 2027, for the Parks and Recreation Department; and WHEREAS, on May 14, 2026, the Measure P Citizens’ Oversight Committee (COC) affirmed that the City Manager’s Proposed Budget for the Fiscal Year ending June 30, 2027, for the Measure P Sales Tax Fund was in compliance with the City’s approved Infrastructure, Facilities and Equipment Expenditure Plan; and WHEREAS, the City Manager’s Proposed Budget for Fiscal Year 2026-27 was presented at the May 5, 2026, City Council meeting; and WHEREAS, at the May 5, 2026 City Council meeting, the City Council accepted the City Manager’s Proposed Budget for Fiscal Year 2026-27 as the City Council’s Proposed Budget for Fiscal Year 2026-27 and set May 19, 2026, as the date for its adoption; 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 2026-27, as accepted on May 5, 2026; and WHEREAS, a copy of the City Council’s Proposed Budget for Fiscal Year 2026-27 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. Docusign Envelope ID: AB609931-AA15-86F1-80C6-54650E8DDC0F Resolution No. 2026-097 Page No. 2 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, 2027 and appropriates funds for Fiscal Year 2026-27 as summarized in the following table: FUND SUPPLIES & SERVICES UTILITIES OTHER EXPENSES TRANSFERS OUT TOTAL FY 2027 REVENUE 388 CFD 97-1 Otay Ranch 3,013,373 559,322 456,824 3,980 4,033,499 3,704,806 386 Otay Ranch Preserve 740,603 - 105,441 663 846,707 1,065,223 382 CFD 99-2 Otay Ranch Vlg 1 West 880,426 212,235 136,963 1,204 1,230,828 1,156,057 [SIGNATURES ON THE FOLLOWING PAGE] Docusign Envelope ID: AB609931-AA15-86F1-80C6-54650E8DDC0F Resolution No. 2026-097 Page No. 3 Presented by Approved as to form by Adrian Del Rio 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 19th day of May 2026, 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. 2026-097 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 19th day of May 2026. Executed this 19th day of May 2026. Kerry K. Bigelow, MMC, City Clerk Docusign Envelope ID: AB609931-AA15-86F1-80C6-54650E8DDC0F