Item 7.2: Quarterly Financial
Report
Second Quarter of Fiscal Year 2026
Quarterly Financial Report
2 • Actuals as of December 31, 2025
• City Charter Section 505(f)
• Projected year end financial standings
• Appropriate funds
• Address budget variances, changes in
appropriations and transfers
Purpose
General Fund Revenues
(in millions)
3 General Fund Expenditures
(in millions)
4 General Fund Summary
(in millions)
5 Fire: Increase to Personnel and Non-Personnel
Expenditures for strike team costs.
Parks and Recreation: Increase to Personnel and Non-
Personnel Expenses for program class expenses.
Public Works: Increase to Personnel and Non-Personnel
Expenditures for overtime and water expenses.
General Fund Adjustments
6 Capital Improvement Projects: Increase to Non-
Personnel Expenditures for various projects.
Park Benefit Fees: Increase to Non-Personnel
Expenditures for Eucalyptus Park improvements.
Public Liability Trust: Decrease to Non-Personnel
Expenditures for legal counsel.
Other Funds Adjustments
7 Adopt a resolution accepting of 4 donations received from July 2020 through April 2025 from the Chula Vista Police Foundation with a cumulative amount of $182K for operational and technological resources that support public safety functions.
Donation Acceptance
8 Next Steps
9Fiscal Year 2026 Second Quarter Financial Monitoring Report Fiscal Year 2027 Budget Development
process is currently underway
Public workshops for overview of
FY2026-27 proposed budget
Finance staff will be presenting the
Fiscal Year 2027 Proposed Budget in
May to the City Council
Finance staff will be presenting the
Fiscal Year 2026 3rd Quarter Financial
Report in June to the City Council
Item 7.2: Quarterly Financial
Report
Second Quarter of Fiscal Year 2026