Staff Report re Adoption of the FY 2026-27 Annual Budget Page 1 of 8
STAFF REPORT
T
O: Mayor and Members of the City Council
FROM: Nathan Bassett, Administrative Services Director VIA: Dan Barros, City Manager
MEETING DATE: June 10, 2026
SUBJECT: Adoption of the FY 2026-27 Annual Budget
RECOMMENDATION
Staff recommends that the City Council adopt the following:
RESOLUTION APPROPRIATING FUNDS AND ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 2026-2027, PURSUANT TO CEQA GUIDELINE 15378
COUNCIL ADOPTED VALUES
T
he staff recommendation is consistent with the Council adopted values of:
• Responsibility: Approval of the FY 202 6-27 Annual Budget is the responsible action because the City Council has conducted two budget study sessions in May and considered various budgetary options, with opportunity for community input.
BACKGROUND
The budget is an annual planning tool that communicates priorities and sets the Town’s operating and spending policy for the year. The City Manager is responsible for presenting a budget to the City Council according to Colma Administrative Code Section 4.01.030. The financial objective of the budget is to ensure that there are sufficient funds to meet ongoing spending. Special projects and Capital programs, where spending is generally one -time in nature, typically can utilize reserves.
The preliminary budget presented at the May 13, 2026, City Council meeting included $27.49 million in total revenues, $26.85 million in total expenditures, and $1.75 million in total transfers to support capital improvements, debt services, and other operating funds.
The FY 2026-27 through FY 2030-31 capital program was presented during the second budget study session on May 27, 2026. The capital program included $2.04 million in new requests (FY 2026-27), and $2.51 million in future projects (FY 2027-28 and thereafter) – making a total 5- Year capital program of $4.55 million. The capital program included one project, Artificial Turf at AGENDA ITEM #7
Staff Report re Adoption of the FY 2026-27 Annual Budget Page 2 of 8 the Colma Community C enter and Sterling Park , that was not included in the initial proposed budget amounts.
Notice of the Public Hearing was posted on Friday, May 29, 2026, to comply with public noticing requirements for the public budget hearing.
The Amendments to the FY 202 6-27 City Manager’s Proposed Operating and Capital Budget (Attachment B) incorporates City Council’s feedback and staff updates from the prior two study sessions and the changes discussed in the Analysis.
Staff will implement the changes requested by City Council during the budget sessions into the final FY 2026-27 Adopted Budget book, and all presented budget adjustments to the FY 2026-27 City Manager’s Proposed Budget. The final FY 2026-27 Adopted Budget book is anticipated to be published in late June, or early July 2026 , once staff have incorporated the elements necessary to qualify for the GFOA and CSMFO Budget Awards.
ANALYSIS
The new Fiscal Year for the Town of Colma begins on July 1, 2026 . To conduct business, it is necessary for the City Council to authorize the expenditure of funds before June 30, 2026.
The FY 2026-27 City Manager’s Proposed Budget with amendments includes a projection of $29,648,271 in total revenues for all funds inclusive of transfers and a budget request of $29,734,947 in total expenditures inclusive of transfers, which consists of $25,074,527 in Operating Expenditures, $291,318 in annual Debt Service (Town Hall Certificates of Participation), $2,213,664 in Capital Improvement Projects (combination of Capital Program Funds and Internal Service Funds), and $2,155,438 in Transfers between funds.
The General Fund revenue budget is $24,946,867, and the General Fund expenditure budget is $25,239,881. The expenditures include transfers out to the sewer operation ($85,809), debt payments ($295,218), and capital programs ($1,497,164).
The FY 2026-27 Proposed Budget with amendments projects that the General Fund will use $293,014 of reserves. However, note there is no projected revenues for interest earnings.
Given the uncertainty in the bond and financial markets about the direction of interest rate changes, interest was excluded from the FY 2026-27 revenue projections. Any interest earned will decrease the need for use of reserves.
During the CIP budget study session , staff presented the following numerical adjustments, also shown in the Amendments to the FY 2026-27 City Manager’s Proposed Operating and Capital Budget (Attachment B):
General Fund – Fund 11
• OPEB Funding – Increase of $329,730 to cover the full Actuarially Determined Contribution (ADC) to the OPEB Trust Fund for FY 2025-26 ($76,412) and FY 2026-27 ($253,318) due to staff review of this line item subsequent to publication of the FY 2026-27 City Manager’s Proposed Budget.
Staff Report re Adoption of the FY 2026-27 Annual Budget Page 3 of 8 • Transfer to Capital Improvement Fund – Increase of $400,000 for the Artificial Turf at the Colma Community Center and Sterling Park project.
• Transfer to Sewer Operating Fund – Increase of $856 for an adjustment to the Water Conservation Program funding due to adjustments to water calculations from CalWater.
Capital Improvements Fund – Fund 31
• Transfer from General Fund (Revenue) – Increase of $400,000 for the Artificial Turf at the Colma Community Center and Sterling Park project.
• Construction – Increase of $400,000 for the Artificial Turf at the Colma Community Center and Sterling Park project.
Sewer Operating Fund – Fund 82
• Transfer from General Fund (Revenue) – Increase of $856 for an adjustment to the Water Conservation Program funding due to adjustments to water calculations from CalWater .
This adjustment does not impact expenses in the Sewer Operating Fund.
The numbers in Table 1 below reflect the adjustments presented to the City Council on May 27, 2026.
TABLE 1: FY 2026-27 Summary of Town-wide Financial Activities
The changes included in this year’s budget are as follows (amounts rounded to the nearest $1,000):
Personnel
• PERS Unfunded Accrued Liability (UAL) for Miscellaneous Personnel – Increase of $41,000 to $318,000 for annual UAL pre-payment amount split among all departments by proportion of personnel, not including sworn officers.
City Council
• Special Departmental Expense – Decrease of $54,262 to remove funding added for Colma 100 Year Anniversary Celebration activities.
Staff Report re Adoption of the FY 2026-27 Annual Budget Page 4 of 8 City Manager/City Clerk
• Personnel – Decrease of $174,000 with reorganization of one Administrative Technician II to Planning.
• Election Expense – Increase of $15,000 for November Municipal Election. • Special Departmental Expense – Increase of $4,000 for Senate Bill 707 requirements. • Conferences & Meetings – Increase of $11,000, due to transfer of $5,000 from Training expense, and increases for conference travel for the City Manager/City Clerk team.
Finance
• Subscription Fees – Increase of $74,000, due to transfer of $55,000 from Computer Expenses & Services to cover OpenGov, Debtbook, and TrueComp subscriptions, and $19,000 increase primarily attributable to change in TrueComp pricing.
General Services
• Communications – Increase of $8,000 to align with FY 2024-25 Actuals. • Utilities – Increase of $20,000 to align with FY 2025-26 expense trend. • Consulting/Contract Services – Increase of $50,000, including $25,000 for translation and interpreter services for Title VI Plan implementation, and $25,000 for compliance with the ADA Title II web accessibility requirements.
• Liability Insurance – Increase of $36,000 or 3.25% for liability and worker’s compensation insurance.
Human Resources
• Training – Increase of $3,000 for participation in the Leadership San Mateo cohort. • Consulting/Contract Services – Increase of $30,000 for recruitment expense related to Public Works Director and Planning Manager positions.
Police
• PERS UAL for Public Safety personnel – Increase of $103,000 for annual UAL pre- payment amount of $927,000 split proportionally among Police Department divisions. • Subscription Fees – Increase of $223,000 due to transfer of $213,000 from Computer Expenses & Services for the Axon contract, and $10,000 increase for Visual Flight Rules (VFR) training kit from Axon.
• Part-Time Staff – Increase of $20,000 for Police Dispatch Division, to supplement Dispatch staffing with retired personnel.
• Equipment Rental – Increase of $4,000 for copier rental transferred from Computer Expenses & Services.
Staff Report re Adoption of the FY 2026-27 Annual Budget Page 5 of 8 Public Works
• Personnel – Increase of $293,000 for addition of full-time Public Works Director position, offset by decrease in Professional Engineering Services. • Consulting/Contract Services – Increase of $20,000 for consulting contracts. • Computer Expenses & Services – Decrease of $5,000 due to transfer of Arbor Pro subscription to the Subscription Fees account.
• Landscape Maintenance – Increase of $16,000 for maintenance expenses due to contractor CPI increase and material cost increases.
• Street Signs & Pavement Markings – Increase of $5,000 for street sign replacement, roadway stripping and holiday decoration cost increases. • City Hall
• Gas and Electricity – Decrease of $22,000 due to installation of new solar array and solar canopy at City Hall.
• Water – Increase of $5,000 for water due to increased water usage and alignment with current rate increases.
• Building Interior Maintenance & Repair – Increase of $3,000 due to increased maintenance needs at City Hall.
• Sterling Park
• Supplies – Increase of $2,000 for CPI increases in material costs. • Building Interior Maintenance & Repair – Increase of $25,000 for minor repairs, painting, floor cleaning, and new window coverings.
• Building Exterior Maintenance & Repairs – Decrease of $15,000 for exterior maintenance & repair due to maintenance cycles.
• Museum
• Heat, Ventilation, & Air Conditioning (HVAC) – Increase of $5,000 for HVAC repairs at Sterling Park due to system age.
• Community Center
• Gas & Electricity – Increase of $20,000 due to ZP system. • Supplies – Increase of $8,000 due to CPI cost increases from service provider, and contract cost changes.
• Janitorial Services – Increase of $2,000 due to annual CPI cost increases. • Police Station
• Gas & Electricity – Decrease of $25,000 due to installation of solar canopies at the Police Department.
• Water – Increase of $1,000 for water due to increased water usage and alignment with current rate increases.
• Janitorial Services – Increase of $2,000 due to annual CPI cost increases. • Building Interior Maintenance & Repair – Increase of $6,000 for minor repairs, painting, floor cleaning, and new window coverings.
• Building Exterior Maintenance & Repairs –Increase of $3,000 for exterior maintenance & repair due to maintenance cycles.
Staff Report re Adoption of the FY 2026-27 Annual Budget Page 6 of 8 • Corporation Yard
• Gas & Electricity – Increase of $1,000 due to CPI increase and current year usage.
Planning
• Personnel –
• Planning Manager – Increase of $221,000 for addition of 1.0 FTE Planning Manager, offset by decrease in Professional Planning Services. • Administrative Technician II - Increase of $174,000 with reorganization of 1.0 FTE Administrative Technician II from City Manager/City Clerk. • Professional Planning Services – Decrease of $209,000 due to incremental increase of $12,000 and decrease of $221,000 for Planning Manager offset. • Bank / Credit Card Charges – Increase of $2,000 due to increased usage of credit cards for planning fees.
Recreation
• Postage – Increase of $2,000 for LiveWire mailings and postage cost increases. • Community Services – Increase of $10,000 to due to continuing emphasis on providing high quality programs.
• Holiday Events – Increase of $10,000 to $62,700 which was reviewed and approved by the City Council on April 8, 2026.
• Equipment Purchases – Decrease of $33,000 due to removal of budget for prior year one-time equipment purchases.
Non-Departmental
• General Fund Transfer to Capital Improvement Fund – Decrease of $121,000 in transfer to Capital Improvement Fund due to reduced project budget requirements for Fiscal Year 2026-27.
• General Fund Transfer to Street Capital Fund – Decrease of $1,703,000 in transfer to Street Capital Fund due to reduced project budget requirements for Fiscal Year 2026-27. • General Fund Transfer to Sewer Operating Fund – Decrease of $47,000 to Sewer Fund due to expiration of Sewer Fund subsidy phaseout.
Capital Program
• Equipment Reserve (984) – This project is proposed to become an ongoing funding reserve of $500,000 for electrical, HVAC, and other facility systems that require large scale maintenance updates, or when a system requires work prior to scheduled replacements or upgrades.
• Solid Waste Franchise Agreement Update (992) – Addition of $175,000 in FY 2026-27 for a scope change that includes hiring a consultant to conduct a new Request for Proposals (RFP) for waste haulers and conduct community outreach.
Staff Report re Adoption of the FY 2026-27 Annual Budget Page 7 of 8 • HVAC System Upgrade at the Police Department (943) – Addition of $100,000 in FY 2026-27 for plans, specifications, and estimates.
• Annual Roadway Rehabilitation and Preventative Maintenance Program (906) – Reduce FY 2026-27 Budget to $121,000 from $225,000, funded from the Gas Tax Fund, Measure A Fund, and Measure W Fund.
• Sterling Park Recreation Center – New Furnace (948) – Addition of $54,679 in grant funding for FY 2026-27 from Peninsula Clean Energy (PCE, soon to be Westlight Energy) to cover the remainder of the cost of transitioning this facility to a fully electric HVAC system.
• Town IT Infrastructure Upgrades (986) – Town staff are requesting an additional $28,200 in FY 2026-27 funding to cover replacement of additional infrastructure. • Artificial Turf at the Colma Community Center and Sterling Park (TBD) – The anticipated project budget to replace the grass at the Colma Community Center and Sterling Park is $400,000 in FY 2026-27.
Transfers Summary
Table 2 below summarizes the General Fund transfer history and the FY 2026-27 transfers by fund.
TABLE 2: FY 2026-27 Transfers by Fund Summary
FISCAL IMPACT
The FY 2026-27 Proposed Budget requests an appropriation of $25.07 million in Town -Wide Operating Expenditures, $291,318 in Debt Service, and $ 1.50 million in Capital Improvement Projects. The budget includes a total transfer out of $1.44 million, with:
• General Fund (Fund 11) transfers $295,218 to the debt service operation, $1,449,162 to the non-street capital program, $48,002 to the street capital program, $85,809 to sewer operations, and $156,247 to COPS/SLESF fund.
• Gas Tax & RMRA (Fund 21) transfers $31,000 to the street capital program, • Measure A (Fund 22) transfers $60,000 to the street capital program, and • Measure W (Fund 26) transfers $30,000 to the street capital program.
Staff Report re Adoption of the FY 2026-27 Annual Budget Page 8 of 8 The FY 2026-27 budget also includes the use of $293,014 of General Fund Unassigned Reserves to support the programs listed above. Table 3 on the next page summarizes the projected General Fund reserve balances for June 30, 2026.
TABLE 3: General Fund Reserve Balances
ENVIRONMENTAL
The City Council’s adoption of the resolution is not a project under the California Environmental Quality Act pursuant to Guideline 15378 as it is more akin to a governmental fiscal activity without any commitment to any specific project.
ALTERNATIVES
The City Council could pursue the following options:
1. Request modifications of the FY 2026-27 budget appropriations, and have staff return to City Council on June 24, 2026 for final adoption with the requested changes.
2. Adopt one month of the operating budget and conduct further study of the FY 2026-27 Budget. This action may result in operating and capital projects delay.
CONCLUSION
Staff recommends that the City Council conduct a public hearing and adopt the attached resolution appropriating funds and adopting the 2026-27 Proposed Budget.
ATTACHMENTS
A. Resolution Appropriating Funds and Adopting the 2026-27 Proposed Budget o Exhibit A to Resolution: FY 2026-27 Town-Wide Financial Summary o Exhibit B to Resolution: FY 2026-27 Summary of Transfers B. Adjustments to the FY 2026-27 City Manager’s Proposed Operating and Capital Budget
Res 2026-##, Adoption of FY 2026-27 Annual Budget Page 1 of 6 RESOLUTION NO. 2026-__
OF THE CITY COUNCIL OF THE TOWN OF COLMA
R
ESOLUTION APPROPRIATING FUNDS AND ADOPTING THE ANNUAL BUDGET FOR FISCAL YEAR 2026-27, PURSUANT TO CEQA GUIDELINE 15378
The City Council of the Town of Colma does resolve as follows.
1. Background
(a) The City Manager’s budget message, the proposed budget, and all calculations and documentation upon which this resolution is based have been available to the public for more than fifteen days for review;
(b) The City Council conducted a study session and public meeting on the preliminary budget report on May 13, 2026, and the capital program on May 27, 2026; and (c) The City Council duly considered the proposed budget, the City Manager’s budget message, and public comments, if any, thereon.
2. Findings and Order.
(a)
Budget Approval. The 2026-27 budget proposed by the City Manager, dated July 1, 2026, as amended by the items in Attachment B - Amendments to the FY 2026-27 City Manager’s Proposed Operating and Capital Budget, shall be, and hereby is, adopted as the budget for the Town of Colma for Fiscal Year 2026-27.
(b) Summary of Appropriations. A summary (Exhibit A) is attached hereto and by reference made part of this Resolution, reflects the Fiscal Year 2026-27 Budget (All Funds) for the Town of Colma.
(c)
Clerical Adjustments. The City Manager shall be, and hereby is, authorized to adjust the budget pursuant to the provisions of section 4.01.070 of the Colma Administrative Code to make such other adjustments necessary to correct any clerical or technical errors in the proposed budget, provided that the City Manager makes a written report of all corrections or adjustments to the City Council within the timelines provided for in the Colma Administrative Code. (d)
Department Limitation. The City Council authorizes the expenditure of funds for the items specified in the budget, provided that the total expenditures for the department shall not exceed the total budget by fund, for the department.
(e)
Staffing. The number and classifications of employment positions shown in the proposed budget is hereby approved as the authorized staffing level for the Town. The City Manager and each department head may not expand the number of full -time equivalent employees beyond that shown as the authorized staffing level for the Town without specific approval of the City Council.
(f)
Purchasing Ordinance. All expenditures for services, goods, or public works projects must comply with the Town’s Purchasing and Contracting Ordinance (Subchapter 1.06 of the Colma Municipal Code).
ATTACHMENT A
Res 2026-##, Adoption of FY 2026-27 Annual Budget Page 2 of 6
(g) Administration of Annual Budget. The City Manager shall be responsible to administer the Budget and financial records and the City Council authorization includes the following administrative actions as may be required during the year:
(i) Transfer budgeted amounts between line items, provided that the transfer is within the same fund, and within the same Department. (ii) Increase grant funded revenue and expenditure budgets. Changes may be administratively processed, when revenue estimates exceed the amount identified in the Budget due to increases in grant revenues, as verified by financial records. The adjustment will also account for increased expenditures in an amount not to exceed the amount of increased grant revenue. Increased appropriations shall continue to be documented in the financial records and conveyed to the City Council as part of the quarterly financial reports. (iii) Make transfers among the various funds designated as “Transfers In / Transfers Out” as stated in Exhibit B, FY 2026-27 Summary of Transfers . All fund transfers shall be recorded in the financial records. (iv) Administratively adjust the Fiscal Year 202 6-27 Operating Budget appropriations to account for the carryover of unspent 2026-27 appropriations for contracts entered into before June 30, 2026, where funds are encumbered.
The City Manager shall use discretion in approving carryovers and all such adjustments shall be clearly recorded in the Town financial records. These amendments shall be identified and included in the Fiscal Year 202 6-27 quarterly financial report.
(v) Administratively adjust the Fiscal Year 202 6-27 Capital Project appropriations to account for the carryover of unspent appropriations from Fiscal Year 2025-26. All such adjustments shall be clearly recorded in the Town financial records and shall only be for projects that remain incomplete as of June 30, 2026.
3. Reserves
The City Council hereby declares the following classifications of reserves (Net Income):
(a) A Debt Reduction reserve shall be recorded in the General Fund in the amount of $600,000 as of June 30, 202 6. This amount represents a minimum of two years of COP Debt Service. (Committed Fund Balance – Designated by City Council)
(b) The Budget Stabilization Reserve as of June 30, 2026, is established at $15,500,000, being the amount sufficient to ensure continuity of operations in the event of a severe economic downturn, which amount is hereby determined to be 100% (rounded to the nearest $100,000) of the General Fund expenditures for the prior fiscal year. The exact amount of this reserve shall be determined based on the final audit and financial statements. (Committed Fund Balance – Designated by City Council)
(c) Accrued Leave Payout Reserve shall be recorded in the General Fund in the amount of $973,913 as of June 30, 2026. (Committed Fund Balance – Designated by City Council) Res 2026-##, Adoption of FY 2026-27 Annual Budget Page 3 of 6
(d) Assigned Fund Balances – General Fund: Assigned fund balance includes amounts intended to be used by the Town for specific purposes, subject to change. The City Council authorizes the City Manager to establish the following assignments in the General Fund:
(i) Litigation Reserve of $1 00,000, which may fund expenditures in the event of extraordinary legal expenses.
(ii) Insurance Reserve in the amount of $100,000, which may fund expenditures in the event of extraordinary insurance claims and related expenses. (iii) Disaster Response and Recovery in the amount of $75 0,000 which may fund expenditures in the event of a catastrophic event.
(e) Assigned Fund Balances – Capital Project Fund / Fleet Replacement Fund: All reserves in the Capital Project Fund and Fleet Replacement Fund shall be recorded as assigned for future projects. Changes in the assignment shall be subject to City Council action. (f) General Fund 2026-27 – Decrease Reserve: The FY 2026-27 Proposed Budget with the Amendments as shown in Attachment B estimates a $293,014 reduction in unassigned reserves.
4. Transfer to Unassigned Reserve
All General Fund net income on hand on June 30, 202 6, which is not designated for a specific reserve category shall be recorded in the Unassigned Reserve.
//
//
//
//
Res 2026-##, Adoption of FY 2026-27 Annual Budget Page 4 of 6
Certification of Adoption
I certify that the foregoing Resolution No. 2026-__ was duly adopted at a regular meeting of the City Council of the Town of Colma held on June 10, 2026, by the following vote:
Name Voting Present, Not Voting Absent
Aye No Abstain Not Participating
Carrie Slaughter, Mayor
Helen Fisicaro, Vice Mayor
Joanne F. del Rosario
Ken Gonzalez
Thomas Walsh
Voting Tally
Dated ______________________ ___________________________________ Carrie Slaughter, Mayor
Attest: ____________________________
Michelle Estabillo Gourlie, City Clerk
Res 2026-##, Adoption of FY 2026-27 Annual Budget Page 5 of 6
“EXHIBIT A”: SUMMARY OF APPROPRIATIONS FY 2026-27
Res 2026-##, Adoption of FY 2026-27 Annual Budget Page 6 of 6 “EXHIBIT B”: SUMMARY OF TRANSFERS FY 2026-27
Item # Fund Org Rev/Exp Account Combo Purpose
FY 2026-27
Proposed Amount
Amendment
Amount
FY 2026-27
Adopted Budget
1 11 110 Expense 52017 11-110-52017 OPEB Contributio n Adjustment - Retiree Health 32,865.00 8,240.00 41,105.00 2 11 110 Expense 52018 11-110-52018 OPEB Contributio n Adjustment - Retiree Dental 5,389.00 1,351.00 6,740.00
3 11 140 Expense 52017 11-140-52017 OPEB Contributio n Adjustment - Retiree Health 130,000.00 32,595.00 162,595.00 4 11 140 Expense 52018 11-140-52018 OPEB Contributio n Adjustment - Retiree Dental 13,000.00 3,260.00 16,260.00
5 11 141 Expense 52017 11-141-52017 OPEB Contributio n Adjustment - Retiree Health 20,948.00 5,252.00 26,200.00
6 11 141 Expense 52018 11-141-52018 OPEB Contributio n Adjustment - Retiree Dental 5,232.00 1,312.00 6,544.00
7 11 150 Expense 52017 11-150-52017 OPEB Contributio n Adjustment - Retiree Health 63,908.00 16,024.00 79,932.00
8 11 150 Expense 52018 11-150-52018 OPEB Contributio n Adjustment - Retiree Dental 5,200.00 1,304.00 6,504.00
9 11 210 Expense 52017 11-210-52017 OPEB Contributio n Adjustment - Retiree Health 130,000.00 32,595.00 162,595.00 10 11 210 Expense 52018 11-210-52018 OPEB Contributio n Adjustment - Retiree Dental 30,000.00 7,522.00 37,522.00
11 11 220 Expense 52017 11-220-52017 OPEB Contributio n Adjustment - Retiree Health 550,000.00 137,903.00 687,903.00 12 11 220 Expense 52018 11-220-52018 OPEB Contributio n Adjustment - Retiree Dental 50,000.00 12,537.00 62,537.00
13 11 230 Expense 52017 11-230-52017 OPEB Contributio n Adjustment - Retiree Health 100,000.00 25,073.00 125,073.00 14 11 230 Expense 52018 11-230-52018 OPEB Contributio n Adjustment - Retiree Dental 17,000.00 4,262.00 21,262.00
15 11 240 Expense 52017 11-240-52017 OPEB Contributio n Adjustment - Retiree Health 12,257.00 3,073.00 15,330.00
16 11 240 Expense 52018 11-240-52018 OPEB Contributio n Adjustment - Retiree Dental 2,268.00 569.00
2,837.00
17 11 320 Expense 52017 11-320-52017 OPEB Contributio n Adjustment - Retiree Health 60,000.00 15,044.00 75,044.00
18 11 320 Expense 52018 11-320-52018 OPEB Contributio n Adjustment - Retiree Dental 9,000.00 2,257.00 11,257.00
19 11 510 Expense 52017 11-510-52017 OPEB Contributio n Adjustment - Retiree Health 75,000.00 18,805.00 93,805.00
20 11 510 Expense 52018 11-510-52018 OPEB Contributio n Adjustment - Retiree Dental 3,000.00 752.00
3,752.00
21 11 600 Expense 99004 11-600-99004
Transfer Out Increase for Addition of CIP Project -
Artificial Turf at The Colma Community Center and
Sterling Park 1,049,162.00
400,000.00 1,449,162.00
22 11 600 Expense 99011 11-600-99011 Sewer Oper ating Transfer Adjustment 84,953.00 856.00
85,809.00
23 31 0 Revenue 39001 31-0-39001
Transfer In Increase for Addition of CIP Project -
Artificial Turf at The Colma Community Center and
Sterling Park 1,049,162.00 400,000.00 1,449,162.00 24 31 TBD Expense 81003 31-TBD-81003
Capital Expenditure Increase for Addition of CIP Project - Artificial Turf at The Colma Community Center and
Sterling Park -
400,000.00
400,000.00
25 81 0 Revenue 39001 81-0-39001 Sewer Operating Transfer Adjustment 84,953.00 856.00
85,809.00
Amendments Total 1,531,442.00
Attachment B - Amendments to the FY 2026-27 City Manager’s Proposed Operating and Capital Budget
ATTACHMENT B
Attachment B - Amendments to the FY 2026-27 City Manager’s Proposed Operating and Capital Budget Fund Rev/Exp
FY 2026-27
Proposed Amount
Amendment
Amount
FY 2026-27
Adopted Budget
11 Revenue 24,946,867.00 - 24,946,867.00 11 Expense 24,509,295.00 730,586.00 25,239,881.00 31 Revenue 1,049,162.00 400,000.00 1,449,162.00 31 Expense 1,049,162.00 400,000.00 1,449,162.00 81 Revenue 1,457,535.00 856.00 1,458,391.00 81 Expense 1,325,289.00 - 1,325,289.00 Revenue 29,247,415.00 400,856.00 29,648,271.00 Expense 28,604,361.00 1,130,586.00 29,734,947.00 General Fund
General Fund
Capital Improvements Fund
Capital Improvements Fund
Sewer Operating Fund
Sewer Operating Fund
All Funds
All Funds
Summary Totals by Fund
Fund Name