ATTACHMENT A
1 City Council Meeting June 24, 2025 Santa Monica, California
RESOLUTION NUMBER (CCS)
(City Council Series)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA ADOPTING THE FIRST YEAR (FISCAL YEAR 2025-26) AND APPROVING THE SECOND YEAR (FISCAL YEAR 2026-27) OF THE FISCAL YEAR 2025-27 BIENNIAL
BUDGET AND ADOPTING ITS CAPITAL IMPROVEMENT PROGRAM BUDGET FOR FISCAL YEAR 2025-26
WHEREAS, the proposed Operating Budget for the Fiscal Year 2025-26 and Fiscal Year 2026-27, and the proposed Biennial Capital Improvement Program Budget for Fiscal Year 2025-26 were submitted to the City Council of the City of Santa Monica (the “City Council”) not less than 35 days prior to July 1, 2025; and WHEREAS, the City Council held a public hearing on said Budget after a notice of the budget hearing was published not less than 10 days prior thereto; and WHEREAS, after the public hearing, the City Council considered further its proposed Budget.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA RESOLVES AS FOLLOWS:
SECTION 1. The Fiscal Year (FY) 2025-26 Operating Budget, as submitted by the City Manager and revised by the City Council included in the document entitled “City of Santa Monica Proposed Biennial Budget FY 2025-27” (the “FY 2025-27 Budget”), as amended by Attachment D, is hereby adopted. The FY 2026-27 Operating Budget as submitted by the City Manager and revised by the City Council, included in the FY 2025- 27 Budget, as amended by Attachment D, is hereby approved. The FY 2025-26 Capital Improvement Program Budget, as submitted by the City Manager and revised by the City Council, included in the FY 2025-27 Budget, as amended by Attachment D, is hereby
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2 adopted.
In adopting the FY 2025-26 Operating Budget and FY 2025-26 Capital Improvement Program Budget, the City Council intends to, and by this Section does, adopt and approve the total operating appropriation for each departmental and non-departmental operating budget, consisting of Salaries and Wages, Supplies and Expenses major expenditure categories, each project of the Capital Improvement Program Budget, and the revenue detail. The City Manager is authorized to allot by department and fund as appropriated. A list of the changes to the proposed Operating Budget for FY 2025-26 and FY 2026-27, and proposed Biennial Capital Improvement Program Budget for FY 2025-26 are attached hereto as Attachment D.
SECTION 2. In adopting the FY 2025-26 Operating Budget, the City Council hereby re-appropriates the General Fund and all other Non-General Fund unexpended encumbrances of the FY 2024-25 Budget. In adopting the FY 2025-26 Capital Improvement Program Budget, the City Council hereby re-appropriates the General Fund and all other Non-General Fund unencumbered balances and unexpended encumbrances of the FY 2024-25 Capital Improvement Program Budget.
SECTION 3. In adopting the FY 2025-26 Budget, the City Council hereby re-appropriates year-end remaining funds for multi-year operating grants and donations dedicated to programs, including federal recovery funding, and funds for the encumbrances of goods and services ordered in FY 2024-25 but not received or provided until FY 2025-26 for the City’s General Fund and proprietary funds (enterprise and internal service).
SECTION 4. In adopting the FY 2025-26 Budget, the City Council hereby
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3 reappropriates Measure CS, Measure GS, Economic Recovery and Council discretionary unencumbered balances and unexpended encumbrances of the FY 2024-25 Budget for the City’s General Fund.
SECTION 5. In adopting the FY 2025-26 Budget, the City Council hereby approves the Operating Budget Policies set forth in the City’s fiscal policies included in the FY 2025-27 Budget.
SECTION 6. The budgets of the Housing Authority and the Parking Authority have been reviewed by the City Council and are hereby approved and adopted.
SECTION 7. A copy of the Los Angeles County Third Supervisorial District Consolidated Oversight Board resolution approving the Successor Agency’s Administrative Budget for FY 2025-26, as adopted in January 2025, is attached hereto as Exhibit 1.
SECTION 8. A certified copy of the FY 2025-27 Budget and amendments shall be filed with the Director of Finance and with the City Clerk, and certified copies of the FY 2025-27 Budget shall be reproduced and made available for use as directed by Santa Monica City Charter section 1505.
SECTION 9. The City Clerk shall certify to the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect.
APPROVED AS TO FORM:
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Douglas Sloan, City Attorney
Exhibit 1 Successor Agency Budget for Fiscal Year 2025-26