Administrative Report on Rental Registration and Rent Stabilization Program December 2, 2025
City Council
Presented by:
Lisa Brinton, Director
Program RevenueJanuary 1 to December 31, 2025
*Late fees in accordance with Ordinance #2663, Resolution #23169, and Resolution #23170.
Actual Revenue: January 1 to September 30, 2025
Program
Fee Amount
Units Registered
Fees Paid
Late Fees*
Total
Rental Registration
$45
3,945
$177,525
$6,284
$183,809
Rent Stabilization
$170
8,814
$1,498,380
$28,776
$1,527,156
Adjustments & Refunds
$(2,068)
Total Actual Revenue
12,759
$1,675,905
$35,060
$1,708,897
Projected Revenue: October to December 31, 2025
Rental Registration
$45
20 $900
$450
$1,350
Rent Stabilization
$170
20 $3,400
$1,700
$5,100
Total Projected Revenue
40 $4,300
$2,150
$6,450
Total 2025 Program Revenue
12,799
$1,680,205
$37,210
$1,715,347
Program ExpendituresJanuary 1, 2025 – December 31, 2025 Actuals
Projected
Total
January 1 to September 30, 2025
October 1 to December 31, 2025
2025 Program Expenditures
Estimated Program Expenditures
$466,158
$254,592
$720,750
Loan Repayment to General Fund
$0
$205,203
$205,203
Grant Funds
($122,321)
$0
($122,321)
Net Estimated Program Expenditures
$343,837
459,795
$803,632
Remaining Balance
Actuals
Projected
Total Projected
Jan. 2025 - Sept. 2025
Oct. 2025 - Dec. 2025
Calendar Year 2025
Program Revenue
$1,708,897
$6,450
$1,715,347
Expenditures
$ (343,837)
$ (459,795)
$(803,632)
Balance
$1,365,060
$(453,345)
$911,715
Remaining Balance Refund
Community Engagement and Outreach
CEQA Consideration
The City of Salinas has determined that the administrative report is not a project as defined by the California Environmental Quality Act (CEQA) (CEQA Guidelines Section 15378).
Strategic Plan Initiative
Promoting Affordable Housing
Fiscal and Sustainability Impact
2026 Program fees will need to be adjusted to align with Program expenditures. Staff will return to the City Council in December 2025 with a proposed 2026 Program Budget and recommended 2026 Program fee structure for City Council consideration and action.
Recommended Motion
No action required. Receive an administrative report on the Residential Rental Registration and Rent Stabilization Program.
Questions?