RESOLUTION NO. 2025-XXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FULLERTON, CALIFORNIA, ADOPTING THE CITY OF FULLERTON ANNUAL OPERATING AND CAPITAL BUDGET FOR FISCAL YEAR 2025-26 AND APPROPRIATING THE FUNDS NECESSARY TO MEET THE EXPENDITURES SET FORTH THEREIN WHEREAS, the City Manager of the City of Fullerton, pursuant to Fullerton Municipal Code Section 2.09.150, submitted to the Fullerton City Council (City Council) a Proposed Operating and Capital Budget (Proposed Budget) for all City Funds, including the General Fund, Water and Sewer Enterprise Funds, All Other Funds and the Capital Improvement Program (CIP) in totaling $270,506,504 for Fiscal Year (FY) 2025-26.
WHEREAS, the General Fund comprises chief City operating fund providing traditional municipal services to the community such as public safety, public works, community and economic development, parks and recreation and library programming.
WHEREAS, The City General Fund reserve policy requires the City to maintain a minimum General Fund balance of 10% of annual General Fund expenditures and shall strive to achieve a 17% reserve level (approximately two months of expenditures).
WHEREAS, the FY 2025-26 Proposed General Fund Operating Budget, excluding transfers out, will total $137,781,505 and the City projects to meet the 17% reserves financial goal for FY 2025-26.
WHEREAS, City Council held a Budget Study Session on May 13, 2025 to initially reviewed the FY 2025-26 Proposed General Fund Budget and planned capital projects budget in the FY 2025-26 Proposed Capital Improvement Program to provide input and direction on the Proposed Budget.
WHEREAS, City Council received a presentation at the Budget Study Session and provided input and direction to staff on the Proposed Budget.
WHEREAS, staff held two Community Budget Meetings to gather community and resident input on the Proposed Budget and recommended service levels.
WHEREAS, City Council has considered the Proposed Budget, which incorporates additional City Council direction and proposed amendments provided at the Study Session and subsequent meetings and held a public hearing on June 3, 2025 to adopt the FY 2025-26 budget.
WHEREAS, The City duly noticed the public hearing, held at a regular City Council meeting, and included public input from residents, the business community and other interested parties.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF FULLERTON RESOLVES AS FOLLOWS:
1. City Council adopts the City of Fullerton Annual Operating and Capital Budget for All City Funds including the General Fund, Water and Sewer Enterprise Funds and All Other Funds and the Capital Improvement Program for FY 2025-26 totaling $270,506,504 and supported by $270,506,504 in Citywide revenues and available fund balances, as presented in the FY 2025-26 Proposed Annual Operating and Capital Budget (Exhibit A).
2. City Council adopts the City of Fullerton General Fund Operating Budget for FY 2025-26 totaling $137,781,505 in operating expenditures and $4,092,545 in transfers out for a total $141,874,050 General Fund Budget balanced with $137,542,452 in operating revenues, $778,087 transfers in and $3,553,511 available one-time excess reserves (unassigned fund balance), as presented in the FY 2025-26 Proposed Budget Book (Exhibit A).
3. City Council adopts the Capital Improvement Program Budget for FY 2025-26 totaling $32,163,535 as presented in the FY 2025-26 Proposed Operating Budget Book (Exhibit A).
4. The Citywide Operating Budget for FY 2025-26 includes the annual Vehicle Replacement Program. City Council authorizes the City Manager, or designee, to purchase all vehicles on the FY 2025-26 Vehicle Replacement List (Exhibit B) utilizing appropriate purchasing procedures and methods (i.e., open market, formal bidding) pursuant to City procurement policies and codes. Staff shall utilize cooperative purchasing and/or informal bid procedures (i.e., obtain three written quotes) when the City cannot utilize formal bid procedures due to availability and sourcing challenges.
5. City Council will consider the Citywide Budget adopted for FY 2025-26 amended upon close of FY 2024-25 to carry forward and re-appropriate any outstanding encumbrances on open purchase orders, existing agreements or contracts that have not exceeded adopted budget levels.
6. City Council will consider the Citywide Budget adopted for FY 2025-26 considered amended upon close of FY 2024-25 to carry forward and re-appropriate funds for any awarded grants not initiated and/or fully expended and reimbursable grant revenues not received.
7. City Council will consider the Capital Improvement Program Budget adopted for FY 2025-26 upon close of FY 2024-25 to carry forward and re-appropriate funds for all previously approved capital improvement projects not initiated and/or not completed.
8. This Resolution becomes effective July 1, 2025 through June 30, 2026 for Fiscal Year 2025-26.
9. The City Clerk shall certify to the adoption of this Resolution.
ADOPTED BY THE FULLERTON CITY COUNCIL ON JUNE 3, 2025.
____________________________ Fred Jung
Mayor
ATTEST:
____________________________
Lucinda Williams, MMC
City Clerk
____________________________
Date
Attachments:
Attachment 1 – FY 2025-26 Proposed Operating Budget
Attachment 2 – FY 2025-26 Vehicle Replacement List
EXHIBIT A
FY 2025-26 PROPOSED BUDGET BOOK DOCUMENT
EXHIBIT B
FY 2025-26 VEHICLE REPLACEMENT LIST
Resolution No. XXX