RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA MARIA, CALIFORNIA, ADOPTING
THE BUDGET FOR FISCAL YEARS 2024-2025 AND
2025-2026, ADOPTING POLICY ACTIONS, AND
DELEGATING THE CITY MANAGER TO IMPLEMENT
THE SAME
WHEREAS, the 2024-2026 Proposed Budget of the City of Santa Maria, representing two fiscal year budgets (2024-2025 and 2025-2026), has been submitted to the City Council, has been considered, and is in final form and substance satisfactory to this Council.
NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of Santa Maria, California, as follows:
1. The budgets for the City of Santa Maria for fiscal years 2024-2025 and 2025-2026, hereby incorporated by reference and fully set forth herein, are hereby adopted in the form on file with the Chief Deputy City Clerk; and
2. The use of three reserve funds (General Fund, Measure U, and Local Economic Augmentation Fund) may be used in 2024-25 to fund the authorized aforementioned adopted budget; and
3. All encumbrances as of June 30 th of each year, as represented by outstanding purchase orders and approved capital projects in process, are hereby authorized to be carried forward and appropriated into the next fiscal year budget as determined by the Director of Finance; and
4. The City Manager is hereby authorized to process the carry-over of funds from 2023- 2024 to 2024-2025 as determined by the Director of Finance in accordance with the Council adopted financial policies and GASB; and
5. The City Manager is hereby authorized to make adminis trative changes to the adopted budget record to reflect the City Council action taken at the Budget Hearing on June 18 if any.
6. The City Manager is authorized to take all necessary actions to implement the provisions of the said budget as adopted on this date, including the policy actions referenced in this Council Agenda Report, future adjustments to the budget for unanticipated expenditures offset by revenues, transfers of budget amounts within a Fund, and any other adjustments approved by the City Council before the adoption of this resolution, and approving change order requests for City Council approved projects; and
7. The City Manager is also authorized, until otherwise directed, to continue to under - fill classifications by existing classifications whe n warranted to address operational demands, approve promotional opportunities for employees in established flexibility staffed positions based on merit and full journey -level experience; continue the
performance-based pay program for management employees o n employment contracts; entering into side letters of agreement with the employee bargaining groups to address operational issues when warranted; and
8. The City Manager is authorized to approve the purchase of capital equipment and replacement equipment for the 2024-2026 fiscal years, as delineated in the Capital Projects section of the 2024-2026 Budget in conformance with the City’s purchasing guidelines and any applicable State and Federal guidelines; and
9. All General Fund operating surplus as of June 30th of each year will revert equally to General Fund Assigned Fund Balance for Unfunded Pension Benefits, the Capital Projects fund for “one-time-only” General Fund expenditures, and to Local Economic Augmentation Fund (LEAF) until the LEAF fund balance reach es 5 percent of operating General Fund and Measure U operating appropriations; and
10. The Chief Deputy City Clerk is hereby authorized to make minor changes herein to address clerical errors, so long as substantial conformance of the intent of this document is maintained. In doing so, the Chief Deputy City Clerk shall consult with the City Manager and City Attorney concerning any changes deemed necessary.
PASSED AND ADOPTED at a regul ar meeting of the City Council of the City of Santa Maria on this 18th day of June 2024.
ATTEST:
Chief Deputy City Clerk
Mayor
APPROVED AS TO FORM:
_______________________________
City Attorney
APPROVED AS TO CONTENT:
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Department Director
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Interim City Manager