RESOLUTION NO.
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 2 4, 202 5, 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, 202 5, the Measure A Citizens’ Ove rsight 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 202 5-26 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 202 5-26 as its proposed budget, and set May 2 0, 2025 as the date for the adoption of the fiscal year 202 5-26 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 (Fu nd 386 Otay Ranch Preserve), 99-2 (Fund 382 CFD 99 -2 Otay Ranch Village 1 West) for the fiscal year ending June 30, 202 6 and appropriates funds for fiscal year 2025-26 as summarized in the following table:
Resolution No.
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