RESOLUTION NO. 26-____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENIFEE, CALIFORNIA, AMENDING THE FISCAL YEAR 2025/26 OPERATING AND CAPITAL (CIP) BUDGET WHEREAS, the City of Menifee, California, adopted a budget (Operating and CIP) for Fiscal Year 2025/26 and Fiscal Year 2026/27 with Resolution 25-1596 and Resolution 25-1595 (CIP Program/Budget) on June 18th, 2025, and
WHEREAS, from time to time the City of Menifee receives unanticipated revenues, experiences unanticipated expenditures, transfers in/transfers out, and/or identifies alternative funding sources; and
WHEREAS, the City seek to aggregate all direct infrastructure costs within the Capital Projects fund and therefore from time to time throughout the year move direct CIP personnel costs and corresponding budget associated with the implementation of a capital project based on actuals; and
WHEREAS, it is in the best interest of the citizens of the City of Menifee to allocate budget resources to continue the operations of the City of Menifee; and WHEREAS, the City Council of the City of Menifee needs to amend the FY2025/26 budget as follows:
AMENDMENTS TO ADOPTED BUDGET:
1. Record Appropriation(s):
Increase FY 2025/26 Revenue Budget: $4,375,372
2. Record Appropriation(s):
Increase FY 2025/26 Expenditure Budget: $7,303,430
CITY COUNCIL
MEETING DESCRIPTION ACCOUNT # AMOUNT
February 4, 2026
FY2025/26 Mid-year Budget
Adjustments Various $4,375,372
TOTAL: $4,375,372
CITY
COUNCIL
MEETING
DESCRIPTION ACCOUNT # AMOUNT
February 4, 2026
FY2025/26 Mid-year Budget
Adjustments Various $7,303,430
TOTAL: $7,303,430
Amending the Fiscal Year 2025/26 Budget
FY 2025/26 Mid-Year Budget Adjustments
2 4
7 6
3 1
3. Record Transfer of Funds:
FROM ACCOUNT # TO ACCOUNT # AMOUNT
TOTAL: $0
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MENIFEE DOES HEREBY RESOLVE AS FOLLOWS:
The annual budget for the City of Menifee for FY 2025/26 is hereby increased and amended to reflect unanticipated revenues/transfers in and expenditures/transfers out as follows:
Fund Category FY 2025/26 Revenue
Adjustments
FY 2025/26 Expenditure
Adjustments
General Fund $1,295,000 $914,493
Quality of Life Fund 50,000 28,360 Internal Service Funds (ISF) 140,000 89,744 Gas Tax & Other Special Revenue Funds 125,000 10,000 LLMD Funds 0 40,000 CFD Funds (Maintenance) (111,220) 18,844 CSA Funds (3) 0
DIF/Quimby/RBBD Funds 0 0 Debt Service 0 37,500
Capital Projects Fund 0 3,080,995
Total Revenue/Expenditures $1,498,777 $4,219,936
Fund Category FY 2025/26 Transfers In
Adjustments
FY 2025/26 Transfers Out
Adjustments
Quality of Life Fund $0 580,000
Gas Tax & Other Special Revenue Funds 0 2,500,995 Capital Projects Fund 3,080,995 0
Total Transfers In/Transfers Out $3,080,995 $3,080,995
Fund Category FY 2025/26 Revenue
Adjustments
FY 2025/26 Expenditure
Adjustments
CFD Funds (Infrastructure & Fiduciary Funds) ($204,400) $2,499 TOTAL ALL FUNDS $4,375,372 $7,303,430
Increase FY 2025/26 Revenue & Transfers In Budget $4,375,372 Increase FY 2025/26 Expenditure & Transfers Out Budget $7,303,430 The Finance Department is authorized to process recurring transfers of direct personnel expenditures actuals and corresponding budget associated with CIP Program efforts from the Operating budget to the Capital Budget
Amending the Fiscal Year 2025/26 Budget
FY 2025/26 Mid-Year Budget Adjustments
3 4
7 6
3 1
PASSED, APPROVED AND ADOPTED this 4th day of February, 2026. _____________________________
Bob Karwin, Mayor Pro Tem
ATTEST: APPROVED AS TO FORM:
____________________________ ____________________________ Stephanie Roseen, City Clerk Jeffrey T. Melching, City Attorney