ATTACHMENT C
1 City Council Meeting: June 23, 2026 Santa Monica, California RESOLUTION NO. _____ (PAS)
(PARKING AUTHORITY SERIES)
A RESOLUTION OF THE PARKING AUTHORITY OF THE CITY OF SANTA MONICA ADOPTING ITS BUDGET FOR THE FISCAL YEAR 2026-27 AND APPROVING ITS CAPITAL IMPROVEMENT PROGRAM BUDGET FOR FISCAL YEAR 2027-28 WHEREAS, the proposed Operating Budget for the Fiscal Year 2026-27, and the proposed Biennial Capital Improvement Program Budget for Fiscal Years 2026-27 and 2027-28 were submitted to the Parking Authority of the City of Santa Monica (the “Parking Authority”) not less than thirty-five (35) days prior to July 1, 2026; and WHEREAS, the Parking Authority held a public hearing on said Budget after a notice of said Budget hearing was published not less than ten (10) days prior thereto; and WHEREAS, after said public hearing, the Parking Authority considered further its proposed budget.
NOW THEREFORE, THE PARKING AUTHORITY OF THE CITY OF SANTA MONICA RESOLVES AS FOLLOWS:
SECTION 1. The Fiscal Year (FY) 2026-27 Operating Budget, as submitted by the Executive Director and revised by the Parking Authority, included as the document entitled “City of Santa Monica FY 2026-27 Proposed Budget” (the “FY 2026-27 Budget”), as amended by Attachment D, is hereby adopted. The FY 2026-27 Capital Improvement
ATTACHMENT C
2 Program Budget, as submitted by the Executive Director and revised by the Parking Authority, included in the document entitled “FY 2026-28 Capital Improvement Program Proposed Biennial Budget” (“FY 2026-28 CIP Budget”), as amended by Attachment D, is hereby adopted. The FY 2027-28 Capital Improvement Program Budget, as submitted by the Executive Director and revised by the Parking Authority, included in the FY 2026-28 CIP Budget, as amended by Attachment D, is hereby approved.
In adopting the FY 2026-27 Operating Budget and FY 2026-27 Capital Improvement Program Budget, the Parking Authority intends to, and by this Section does, adopt and approve the total operating appropriation for each departmental and nondepartmental 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 Executive Director is authorized to allot by Department and fund as appropriated. A list of the changes to the proposed Operating Budget for FY 2026-27, and proposed Biennial Capital Improvement Program Budget for FY 2026-28 are attached hereto as Attachment D.
SECTION 2. A certified copy of the FY 2026-27 Budget and amendments shall be filed with the Director of Finance and with the Secretary, and certified copies of the FY 2026-27 Budget shall be reproduced and made available for use as directed by Santa Monica City Charter section 1505.
SECTION 3. In adopting the FY 2026-27 Budget, the Parking Authority re-appropriates the General Fund and all other Non-General Fund unexpended encumbrances of the FY 2025-26 Budget.
ATTACHMENT C
3 SECTION 4. In adopting the FY 2026-27 Budget, the Parking Authority hereby reaffirms the Operating Budget Policies set forth in the City’s fiscal policies included in the FY 2025-27 Budget, as amended by Attachment L.
SECTION 5. The Secretary 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:
_______________________
HEIDI VON TONGELN
General Counsel to the Parking Authority