Attachment 1Attachment 1 RESOLUTION NO. 2026-58
Attachment 1
Attachment 1
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POMONA, CALIFORNIA ADOPTING THE CITY’S OPERATING BUDGET FOR FISCAL YEAR 2026-27 WHEREAS, on May 11, 2026, the City Council held its 2026-27 Budget Study Session; WHEREAS, a notice was published on May 8, 2026 in the Inland Valley Daily Bulletin advising of a Public Hearing to be held on May 26, 2026, and inviting the public to provide comments and express views and objections on the City’s Proposed Budget for Fiscal Year 2026-27; WHEREAS, the City Manager has prepared and presented to the City Council of the City of Pomona a proposed operating budget in the amount of $385,875,308 for Fiscal Year 2026-27; WHEREAS, after conducting the public hearing on May 26,2026, and receiving public comments and views, the City Council desires to adopt the proposed 2026-27 Operating Budget, as amended, including any amendments that may have been approved at the conclusion of the public hearing; WHEREAS, the City Council approved amendments to the Fiscal Year 2025-26 General Fund Operating budgets on September 8, 2025, November 17, 2025, January 5, 2026, March 2, 2026, March 16, 2026, April 6, 2026, and April 20, 2026.
WHEREAS, the proposed operating budget shall reflect all amendments and modifications, which the City Council believes should be included in the adopted budget, including corrections to any non-substantive errors discovered prior to its adoption; and WHEREAS, the City Council adopted via Resolution No. 2023-06, the City’s Updated Consolidated Fiscal Policies and Administrative Procedures.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Pomona, California, as follows:
SECTION 1. That the City Council has considered the proposed 2026-27 Fiscal Year Operating Budget at a duly noticed public hearing on May 26, 2026.
SECTION 2. The proposed operating budget for the City of Pomona, as amended and modified, for the Fiscal Year beginning July 1, 2026 through June 30, 2027, is hereby approved and adopted in the amount of $385,875,308. All appropriations for departments or major organizational units within the General Fund are approved. The proposed revenue estimate for the operating budget of the City of Pomona, as amended and modified, for the Fiscal Year beginning July 1, 2026, through June 30, 2027, is hereby approved and adopted in the amount of $391,607,127. The approved revenue estimates and appropriations for all funds are contained in Exhibit A attached hereto, and incorporated herein by this reference.
SECTION 5. The Director of Finance, with the approval of the City Manager, is hereby authorized to transfer appropriations as needed from savings available in any department/object account in the budget to other accounts within the same fund to meet overall budget requirements.
SECTION 6. That any subsequent Council action prior to June 30, 2026 that has the effect of amending the approved 2026-27 Operating Budget will be reflected in the final 2026-27 Operating Budget documents without additional or separate Council action.
SECTION 7. That the City Council approve the following reserves as presented on May 26, 2026 and reflected in the table below; Fiscal Policies
Goal Amount
FY 2026-27 Amt
Estimated FY 2026-27 Ending Fund Balance @ $46.7M
25%
25.7%
Section 115 Trust Funding
$500,000
$0
Catastrophic Events Reserve
$300,000
$0
CIP Reserves (3/4% of Adopted Revenues)
$1,278,976
$0
Equipment Replacement Funding
$200,000
$0
Other Post Employment Benefit (OPEB)
pay-as-you-go
pay-as-you-go
SECTION 8. The City Clerk shall certify to the passage and adoption of this resolution, and it shall thereupon be in full force and effect.
APPROVED AND ADOPTED this 26th day of May 2026.
ATTEST: CITY OF POMONA:
Karla Shipman, Acting City Clerk Tim Sandoval, Mayor
APPROVED AS TO FORM:
Sonia Carvalho, City Attorney
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
CITY OF POMONA
I, KARLA SHIPMAN, ACTING CITY CLERK of the City of Pomona do hereby certify that the foregoing Resolution was adopted at a regular meeting of the City Council of the City of Pomona held on the 26th day of May 2026 by the following vote:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
ABSTAIN: COUNCILMEMBERS:
_____________________________
Karla Shipman, Acting City Clerk
Resolution No. 2026-58
May 26, 2026