Net Impact
to Available
Revenue Expenditure Fund
No. Description Adjustments Adjustments Balance
GENERAL FUND #101
1 Adjust property tax revenue based on actual revenue collected through March 2026 $ 139,015
2 Adjust sales tax revenue based on revised estimate provided by City's consultant, HdL Companies (145,665)
3 Adjust transient occupancy tax and short term lodging revenue based on actual revenue collected through March 2026 510,000
4 Adjust business license tax revenues based on Fiscal Year 2024/25 actual activity and current activity through March 2026; offset by additional contracted services to HdL Companies 50,000 80,000
5 Adjust cable TV and electricity franchise fee revenues based on Fiscal Year 2024/25 results and current activity through March 2026 (140,000) 6 Adjust trash franchise fee revenues based on Fiscal Year 2024/25 results with a full fiscal year of activity with new solid waste agreement. This increase is offset by the elimination of solid waste contractual revenue that is no longer collected under the new agreement. 408,000
7 Adjust license and permit fee revenues based on actual revenue collected through March 2026 (261,500)
8 Adjust alarm permit fee revenues based on actual revenue collected through March 2026; offset by contractual services to third party payment provider not included in original budget 20,000 20,000
9 Adjust facility rental revenues based on Fiscal Year 2024/25 actual activity and current activity through March 2026 (60,100)
10 Adjust fire inspection fee revenues based on Fiscal Year 2024/25 actual activity and current activity through March 2026 120,000 11 Adjust revenue from lifeguard services for private beaches revenues based on Fiscal Year 2024/25 actual activity and current activity through March 2026 65,000 12 Adjust other current charges for services revenues based on actual activity through March 2026 32,092
13 Adjust miscellaneous income from jail advertising and other revenues based on Fiscal Year 2024/24 activity and actual revenue collected through March 2026 (96,500)
14 Reallocate animal shelter donation revenue to new fund (25,000) Other miscellaneous revenue adjustments 25,400 15
16 Public Safety Records Management project (prior year funding was not carried over in error) 51,635
Funding for Cross Cultural Task Force 30,000 17
Eliminate City Manager Residency Incentive (not applicable) (15,000) 18 19 Subscription and implementation costs for cash forecasting module 19,000 20 Funding for Planet Bids (procurement software) not included in adopted budget 15,000
21 Transfer from Capital Improvement Fund to increase the General Fund contingency reserve 200,000
TOTAL GENERAL FUND 870,742 170,635 700,107
CITY OF LAGUNA BEACH
PROPOSED BUDGET ADJUSTMENTS
FISCAL YEAR 2025/26
Net Impact
to Available
Revenue Expenditure Fund
No. Description Adjustments Adjustments Balance
CITY OF LAGUNA BEACH
PROPOSED BUDGET ADJUSTMENTS
FISCAL YEAR 2025/26
LIBRARY IMPACT FEES FUND (#111)
22 Adjust library impact fees based on actual revenue collected through March 2026 1,000
TOTAL LIBRARY IMPACT FEES FUND 1,000 - 1,000
MEASURE LL FEES FUND (#113)
23 Adjust transient occupancy tax and short term lodging revenue based on actual revenue collected through March 2026 150,000
TOTAL MEASURE LL FEES FUND 150,000 - 150,000
CAPITAL IMPROVEMENT FUND (#116/616)
24 Adjust transient occupancy tax a revenue based on actual revenue collected through March 2026 (240,000)
25 Adjust municipal code and vehicle code fines based on Fiscal Year 2024/25 actuals and actual revenue collected through March 2026 314,000 26 Transfer to General Fund to increase contingency reserve 200,000 TOTAL CAPITAL IMPROVEMENT FUND 74,000 200,000 (126,000) PARKING FUND (#118/618)
27 Adjust parking revenues based on Fiscal Year 2024/25 actuals and actual revenue collected through March 2026 331,800
28 Transfer to Insurance and Benefits Fund to reduce fund deficit due to FY 2024/25 settlement and claims costs 1,000,000
29 Transfer to Disaster Contingency Fund to replenish appropriation approved by City Council for costs associated with the Rancho Fire 115,905 30 Permits, printing and postage for biannual shoppers permit renewals 15,000 TOTAL PARKING FUND 331,800 1,130,905 (799,105)
TRANSPORTATION INFRASTRUCTURE FUND (#119)
31 Increase funding to Wildfire Mitigation & Fire Safety Fund based on investment income earned during Fiscal Year 2024/25 41,788 TOTAL TRANSPORTATION INFRASTRUCTURE FUND - 41,788 (41,788) ART IN-LIEU FEES FUND (#123)
32 Adjust Art in Lieu fees based on actual revenue collected through March 2026 45,000 TOTAL ART IN LIEU FEES FUND 45,000 - 45,000
INSURANCE AND BENEFITS FUND (#126)
33 Transfer from Parking Fund to reduce fund deficit due to FY 2024/25 settlement and claims costs 1,000,000
34 Workers compensation claim reimbursements received from the City's insurance provider through March 2026; offset by additional funding for workers compensation claims 200,000 200,000
TOTAL INSURANCE & BENEFITS FUND 1,200,000 200,000 1,000,000
Net Impact
to Available
Revenue Expenditure Fund
No. Description Adjustments Adjustments Balance
CITY OF LAGUNA BEACH
PROPOSED BUDGET ADJUSTMENTS
FISCAL YEAR 2025/26
VEHICLE REPLACEMENT FUND (#128)
35 Proceeds from auction sales of City vehicles based on actual revenue collected through March 2026 70,000
36 Interest earnings on loans provided to third parties 100,000 37 Purchase two Yamaha Waverunners 40,000
TOTAL VEHICLE REPLACEMENT FUND 170,000 40,000 130,000
GAS TAX FUND (#132)
38 Transfer RMRA funds on hand as of June 30, 2025, and shift Fiscal Year 2025/26 revenue estimates to new fund. 1,058,721 (603,100) 39 Adjust State Gas tax revenue estimates per revised information provided by the State Department of Finance in January 2026 11,635
40 Additional funding for increased general liability claims (reimbursement to Liability/Risk Management Fund #603)
41 Reallocate funding for Zone 7 Street Slurry Seal/Rehabilitation (CP2609) to new RMRA Fund (1,700,000)
TOTAL GAS TAX FUND (591,465) (641,279) 49,814
STREET LIGHTING & UTILITY FUND (#134/634)
42 Adjust property tax revenue based on actual revenue collected through March 2026 43,600
43 Funding for assessment loan program (prior year funding was not carried over in error) 200,000
TOTAL STREET LIGHTING & UTILITY FUND 43,600 200,000 (156,400) FEDERAL ASSET FORFEITURE FUND (#135)
44 Adjust asset forfeiture revenues and expenditures based on actual revenue collected through March 2026 100,000 25,500
TOTAL FEDERAL ASSET FORFEITURE FUND 25,500 100,000 (74,500) SOUTH LAGUNA FUND (#136)
45 Concession agreement for Aliso Beach Park 60,000
46 Reduce parking revenue based on Fiscal Year 2024/25 actuals and actual revenue collected through March 2026 (25,000)
47 Replenish Aliso Creek Ocean outlet monitoring and maintenance 100,000 48 Transfer $230,000 for Main Beach Management Plan Budget from Marine Safety (1362603) to Police Support Services (1362102) - net impact $0 TOTAL SOUTH LAGUNA FUND 35,000 100,000 (65,000)
Net Impact
to Available
Revenue Expenditure Fund
No. Description Adjustments Adjustments Balance
CITY OF LAGUNA BEACH
PROPOSED BUDGET ADJUSTMENTS
FISCAL YEAR 2025/26
WASTEWATER FUND (#137/637)
49 Adjust property tax revenue based on actual revenue collected through March 2026 (599,600)
50 Adjust investment income based on Fiscal Year 2024/25 actual 100,000 51 Reimbursement from SOCWA for Moulton Niguel Water District's exit (payment 2 of 3 per exit agreement) 676,665
52 Eliminate I-Bank loan funding for Fiscal Year 2025/26 (1,500,000) 53 Close projects that are either completed or funding will be reprioritized with implementation of Sewer Master Plan - Refer to Attachment 5 for detailed breakdown. (8,182,390)
TOTAL WASTEWATER FUND (1,322,935) (8,182,390) 6,859,455 STATE ASSET FORFEITURE FUND (#138)
54 Adjust asset forfeiture revenues based on actual revenue collected through March 2026 1,000
TOTAL STATE ASSET FORFEITURE FUND 1,000 - 1,000
DISASTER CONTINGENCY FUND (#140)
55 Transfer from Parking Fund to replenish appropriation approved by City Council for costs associated with the Rancho Fire 115,905 TOTAL DISASTER CONTINGENCY FUND 115,905 - 115,905
WILDFIRE MITIGATION & FIRE SAFETY FUND (#141/641)
56 Additional funding from Transportation Infrastructure Fund 41,788 57 Utility Undergrounding Study (prior year funding was not carried over) 10,000 WILDFIRE MITIGATION & FIRE SAFETY FUND (#141/641) 41,788 10,000 31,788 ANIMAL SHELTER DONATIONS FUND (#142)
58 Reallocate Fiscal Year 2025/26 revenue estimate from General Fund to new fund 25,000
59 Eliminate Fiscal Year 2025/26 budget to make funds available for future City Council appropriation as specific eligible expenditures are identified (1,497,850) TOTAL ANIMAL SHELTER DONATIONS FUND 25,000 (1,497,850) 1,522,850 AIR QUALITY MANAGEMENT DISTRICT (AQMD) FUND (#143)
60 Reallocate Fiscal Year 2025/26 revenue estimate from the Transit Fund to new fund 30,000
TOTAL AQMD FUND 30,000 - 30,000
HOUSING FUND (#144)
61 Adjust short term rental revenue based on actual activity through March 2026 49,000 TOTAL HOUSING FUND 49,000 - 49,000
Net Impact
to Available
Revenue Expenditure Fund
No. Description Adjustments Adjustments Balance
CITY OF LAGUNA BEACH
PROPOSED BUDGET ADJUSTMENTS
FISCAL YEAR 2025/26
CULTURAL ENVIROMENTAL STEWARDSHIP FUND (#149)
62 Fiscal Year 2025/26 funding allocated to this program under LBTMD management plan 510,000
63 Fiscal Year 2024/25 contribution from Visit Laguna Beach received in November 2025 240,000
TOTAL CULTURAL ENVIROMENTAL STEWARDSHIP FUND 750,000 - 750,000 MEASURE M FUND (#201)
64 Fiscal Year 2025/26 Measure M revenue offset by reimbursement to Capital Improvement Fund for Zone 6 Street Slurry Seal (CP2427) 615,800 615,800 TOTAL MEASURE M FUND 615,800 615,800 -
RMRA (#202)
65 Transfer from Gas Tax Fund for RMRA funds on hand as of June 30, 2025 1,058,721 66 Adjust State RMRA tax revenue estimates per revised information provided by the State Department of Finance in January 2026 608,395 67 Adjust for anticipated interest earnings 35,000
68 Reallocate funding for Zone 7 Street Slurry Seal/Rehabilitation (CP2609) to new RMRA Fund 1,700,000
TOTAL RMRA FUND 1,702,116 1,700,000 2,116
SENIOR MOBILITY TRANSPORTATION FUND (#203)
69 Reallocate Senior Mobility Transportation grant funds received from OCTA to new fund; offset by a reimbursement to the Transit Fund for the senior mobility transportation program 50,300 50,300
TOTAL SENIOR MOBILITY TRANSPORTATION FUND 50,300 50,300 - TRANSIT FUND (#310)
70 Adjust bus charter revenues based on Fiscal Year 2024/25 actuals and revenue collected through March 2026 50,000
TOTAL TRANSIT FUND 50,000 - 50,000
DEPOSITS FUND (#510)
71 Additional funds due from third parties for deposit accounts - 16,251 TOTAL DEPOSITS FUND 16,251 - 16,251
GRAND TOTAL - ALL FUNDS 4,479,402 $ (5,762,091) $