ACTION:
____________________________
Clerk/Secretary
Department: Finance Item No: D3
Prepared by: Mathew McDonald, Assistant Director Meeting Date: November 12, 2025 Approved by:
Mike Sylvia, Director/Treasurer
John Conley, City Manager Agenda Location: Discussion
S
UBJECT: FISCAL YEAR 2024/25 FOURTH QUARTER FINANCIAL REPORT RECOMMENDATION:
1. Receive and file the Fiscal Year 2024/25 Fourth Quarter Financial Report.
2. Adopt City Council Resolution No. 2025- , amending the Operating Budget for Fiscal Years 2025/ 26 and
2026/27 and amending the Capital Project Budget for Fiscal Years 2024/25 and 2025/26.
CORRELATION TO CITY COUNCIL GOALS: Supports all the City Council’s goals.
PRIOR ACTION: On May 28, 2025, received and filed the Fiscal Year 2024/25 Third Quarter Financial Report. Adopted City Council Resolution No. 2025- 78, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25. Adopted Buena Sanitation District Resolution No. 2025-04, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25. Adopted City Council Resolution No. 2025 -79, amending the City-Wide Classification and Compensation Index and repealing the provisions of any resolutions in conflict herewith (Vote 5-0).
See Exhibit 1 for a comprehensive list of prior actions.
STATEMENT ON THE SUBJECT: General Fund revenues derived from outside sources totaled $127,870,416 for Fiscal Year (FY) 2024/25. When combined with other financing sources totaling $505,523 (primarily from the use of reserves and transfers from other funds) , there was $128 ,375,939 available to the General Fund.
For FY 2024/25, all property tax revenues were 0.2 percent above budgetary estimates. Sales and Use Tax revenues were 1.3 percent above budgetary estimates. The combination of property and sales tax with other revenue sources within the Taxes category, or total tax revenue, exceeded budget . The combined results show Taxes at 1.0 percent over the budget. Exhibit 2 provides detailed information on various General Fund revenue activities.
The City exceeded its FY 2024/25 sales and use tax budget projections, helped by higher prices across the region and generally steady retail activity in the San Diego area. At the same time, there are some signs of caution ahead. Ongoing inflation has reduced how far household budgets can stretch, leading to lower sales volumes than the prior year. Consumer confidence has also softened, which may limit future spending. Although higher prices boosted revenues this year, these underlying trends could make it harder to maintain the same level of growth going forward. Staff will continue to keep a close watch on sales tax performance as economic conditions evolve.
AGENDA
REPORT
CITY COUNCIL
COMMUNITY DEVELOPMENT COMMISSION
SUCCESSOR AGENCY
BUENA SANITATION DISTRICT
JOINT POWERS FINANCING AUTHORITY
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MEETING DATE: November 12, 2025 PAGE 2
SUBJECT: FISCAL YEAR 2024/25 FOURTH QUARTER FINANCIAL REPORT Proposition “L” revenues totaled $12,000,450, coming in 1.9 percent above budget estimates and 1.1 percent above the prior year’s actuals. Key Proposition “L” expenditures included $7,212,000 for debt service, $1,205,021 for fire personnel contributions, and $19,221 in administrative costs. Revenues exceeded expenditures in FY 2024/25 by $3,571,987.
D
uring the year, the City also allocated $2,215,000 from the Proposition “L” reserve to support key projects involving City facilities that were originally developed or expanded with Proposition “L” revenue:
• $250,000 – Civic Center heating system
• $350,000 – Civic Center joint replacement
• $800,000 – Reserve ladder truck
• $80,000 – Lease Revenue Refunding Bonds
• $735,000 – 2026 Needs Assessment which includes:
o $130,000 – Civic Center lighting
o $500,000 – Civic Center wall light fixtures
o $30,000 – Fire Station 1 irrigation
o $50,000 – Moonlight Amphitheatre fencing
o $25,000 – Sports Park ice making machine
A
fter accounting for these uses of reserves, the Proposition “L” reserve experienced a net increase of $1,356,987. As of June 30, 2025, the reserve balance totaled $20,671,966. A detailed projection of future Proposition “L” revenue and expenditure activity is provided in Exhibit 1.
G
eneral Fund operating expenditures (Exhibit 4) were 16.3 percent under budget, primarily due to salary and other position- related savings during recruitments for vacant positions, lower -than-anticipated payments for professional services, delays in capital purchases, and other miscellaneous factors . All General Fund operating departments and divisions were able to complete the fiscal year within their respective appropriations, except for Cultural Arts, a division within Recreation and Community Services (RCS) department, which exceeded the allocated budget by $72,856; however, revenues for the division exceeded budget by $80,914. Expenditures for the entire RCS department were $345,506 or 4.0 percent below budget as of June 30, 2025. After funding required reserves and designations, the General Fund balance available at June 30, 2025 was $9,751,341. A full list of recommended uses of the year -end available fund balance is provided in Exhibit 12.
Tot
al cannabis revenues collected in FY 2024/25 were $5,822,849. In fall 2024, City Council provided direction to staff to develop a Year- End Cannabis Revenue Allocation policy regarding allocation of cannabis revenue at each fiscal year’s conclusion and on November 12, 2024, City Council approved City Council Policy 200-21, which detailed that total Cannabis revenue is to be allocated as follows: 65 percent towards General Revenues with a minimum amount of $4,466,396; 15 percent toward youth and educational scholarships (within which 80% would be youth/extra-curricular and 20% would be academic); and 20 percent to one- time projects approved by the majority of the Council, included as Exhibit 11. The General Revenue amount includes funding for two Park Rangers: one Sheriff’s Deputy and one DUI Enforcement Deputy. Staff have created recommendations for the FY 2024/25 cannabis revenue reflecting the elements of the policy with the following allocations: $4,466,396 to General Revenues; $581,337 to scholarships; and $775,116 to Council-directed, one-time projects. A full list of recommended uses of the $1,356,453 designated scholarships and projects is provided in Exhibit 13.
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taff recommends City Council approve the above uses of year -end fund balance and year-end cannabis revenue and amend the Fiscal Year 2024/25 Operating and Capital Project Budgets to incorporate these uses. A resolution of approval is included as Exhibit 9. 11/12/2025
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MEETING DATE: November 12, 2025 PAGE 3
SUBJECT: FISCAL YEAR 2024/25 FOURTH QUARTER FINANCIAL REPORT COST OF LIVING ADJUSTMENT : City of Vista employees received a 4% cost -of-living adjustment (COLA) in accordance with the first year of the negotiated Memoranda of Understanding with the City’s employee bargaining units. This increase is equal to the 4% year-over-year change in the Consumer Price Index (CPI) for the San Diego region as of July 2025, as reported by the Bureau of Labor Statistics (BLS).
REQUIRED DISCLOSURE: Section 3702.6(b) of the California Labor Code requires that “each public self-insurer shall advise its governing board within 90 days after submission of the self -insurer’s annual report of the total liabilities reported and whether current funding of those workers’ compensation liabilities is in compliance with the requirements of Government Accounting Standards Board Publication No. 10.” The total workers’ compensation liabilities reported as of June 30, 2025 were $8,714,000. These liabilities are accounted for within the City’s Risk Management Internal Service Fund, and the reporting is in compliance with the Government Accounting Standards Board Statement (GASB) No. 10.
FI
SCAL IMPACT: Exhibit 6 provides a summary of the General Fund fund balances as classified under Governmental Accounting Standards Board Statement No. 54 at June 30, 2025. Precluding any adjustments that may be made by the auditors, there is an available year -end General Fund fund balance in the amount of $9,751,341, for which the City Manager has provided recommended uses, and $1,356,453 in year-end cannabis revenue allocated consistent with City Council Policy 200-21.
EXHIBITS:
1. Financial and Economic Highlights. Includes a narrative discussing some of the more noteworthy items. Also included is a Proposition “L” history of reserve balances.
2. General Fund Revenue Summary, Twelve Months Ended June 30, 2025. Reflects General Fund r
evenues that were received or accrued by the end of the fiscal year.
3. Revenue Graphs. Presents a graphic presentation of "Budget Target" vs. "Actual Revenues" for the two largest General Fund revenue sources. The "Budget Target" presented on each graph is deriv ed
by
a trend analysis of the revenues received by the City in the prior three years. Comparing the "Actual Received" to the "Budget Target" reviews the reasonableness of the revenue estimate for this year.
4. General Fund Expenditure Summary, Twelve Months Ending June 30, 2025. Presents expenditures by operating budget unit for the General Fund. It should be noted that the amounts shown in the “Expended As Of” column report expenditures only and do not include encumbrances . This schedule shows expenditures paid and accrued as of the end of the fiscal year.
5. Reconciliation of Original Revenue Estimates and Appropriations to Amounts at June 30, 2025 .
P
resents a reconciliation between originally adopted budget amounts for both estimated revenues and appr
opriations to current budget amounts.
6. General Fund Balance. Presents a listing of General Fund fund balance at June 30, 2025 , in accordance with GASB 54.
7. Enterprise Funds Combined Balance Sheet June 30, 2025. Presents the balance sheet for the City’s enterprise activities. The balance sheet is a “snapshot” of the assets, liabilities, and fund equity (assets minus liabilities) at a given moment in time. Generally, Total net position represents the total of revenues and contributions over expenses since the inception of the enterprise operation.
8. Enterprise Funds Combined Income Statement, Twelve Months Ending June 30, 2025 . Presents the i
ncome statement for the City’s enterprise activities . Whereas the balance sheet is a “snapshot” at a given point in time, the income statement can be thought of as a “movie” showing activity (reve nue and ex
penses) over a given period of time . Generally, the changes in the balance sheet between two given dates flow through the income statement . Because the majority of sewer service charges are collected on the tax roll, no material cash amounts are received until December . When looking at t he i
ncome statement for the enterprise activities, it should be kept in mind that depreciation is a non-cash expense. Depreciation recognizes the “cost” of using a fixed asset over its useful life . Most depr
eciation charges are not booked until the end of the fiscal year.
9. City Council Resolution No. 2025- , amending the Operating Budget for Fiscal Years 2025/26 and 202
6/27 and amending the Capital Project Budget for Fiscal Years 2024/25 and 2025/26 11/12/2025
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MEETING DATE: November 12, 2025 PAGE 4
SUBJECT: FISCAL YEAR 2024/25 FOURTH QUARTER FINANCIAL REPORT
10. City Council Policy 200-19, Use of Year-End Fund Balance
11. City Council Policy 200-21 Cannabis Revenue Allocation Policy
12. Recommended Uses of the Year-End Fund Balance
13. Recommended Uses of the Year-End Excess Cannabis Revenue
14. Prior Actions
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FOURTH QUARTER FINANCIAL REPORT
FINANCIAL AND ECONOMIC HIGHLIGHTS
The f
ourth quarter report serves to provide a comprehensive financial and economic assessment of the City's fiscal performance throughout the 12-month period of FY 2024/25.
Local Property Tax: In FY 2024/25, the City's combined assessed valuation, including secured and unsecured property, reached $16,865,643,080, marking a 5.3 percent increase compared to the previous year. While budget projections for property tax revenues in FY 2024/25 were set at $36,324,431, the actual amount received exceeded expectations, reaching $36,403,460, a
0.2 percent surplus.
B
uilding Activity: Vista's landscape does not accommodate large housing tracts, however smaller infill projects do occur in an irregular fashion. In the fourth quarter, spanning from April 1, 2025, to June 30, 2025, the valuation of residential building permits in Vista reached $3,904,408, marking significant decline compared to the $17,065,454 recorded during the same period in 2024.
For
new non-residential buildings, permits issued during the fourth quarter totaled $146,600, representing a substantial decrease compared to the $2,678,873 reported for the fourth quarter ending June 30, 2024. This decline was primarily driven by a drop in permits issued for industrial buildings, which accounted for only $1,932,321 in permits during the fourth quarter ending June 30, 2024 and no activity during the same period in 2025.
I
n total, the valuation of all building and related permits in the fourth quarter ending June 30, 2025 reached $8,441,936, reflecting a decrease from the $25,820,027 reported for the same period in 2024.
G
eneral Fund revenues from fees and permits, including those for building, engineering, and planning, totaled $4,538,691 during the fourth quarter ending June 30, 2025, reflecting a decrease from the $4,945,124 reported for the same period in 2024. This decline is due to reduced activity in Engineering Fees, Building Fees, and Planning Fees, each of which saw lower revenue in 2025 compared to 2024.
I
t is important to note that timing discrepancies in assessing valuations and collecting fees can result in variations when comparing revenue activity to valuation trends. To provide additional context, the chart below displays the valuation of building permits issued over the past 20 quarters.
$-
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
SEP 20
DEC 20
MAR 21
JUN 21
SEP 21
DEC 21
MAR 22
JUN 22
SEP 22
DEC 22
MAR 23
JUN 23
SEPT 23
DEC 23
MAR 24
JUN 24
SEP 24
DEC 24
MAR 25
JUN 25
VALUE
QUARTER
BUILDING PERMIT VALUATIONS
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EXHIBIT 1
Local Employment: The San Diego area’s economy has shown a trend of slight increases in the unemployment rate in 2025. Preliminary data for June 2025 reveals a San Diego County unemployment rate of 4.9 percent, up from 4.4 percent in June 2024. Similarly, the City of Vista had a labor force of 51,761 with 49,322 employed, resulting in an unemployment rate of 4.7 percent in June 2025, compared to 4.5 percent in June 2024.
Consumer Price Index: In the greater San Diego area, the Consumer Price Index (CPI) registered a 3.1 percent increase for the entire calendar year 2024, a notable contrast to the 5.1 percent rise observed in 2023. It's important to note that CPI data for the San Diego area is published biannually, in June and December, as well as bimonthly in odd months.
In the latter half of 2024, we saw an annual growth rate of 2.8 percent, highlighting ongoing shifts in the economy. However, in the first half of 2025, the CPI grew to 3.8 percent.
Housing: In June 2025, the median home price for Single Family Detached (SFD) properties in Vista's zip codes rose by 3.1 percent, reaching $925,000, compared to $897,500 in June 2024.
In contrast, Single Family Attached (SFA) homes in the same area saw a more modest decrease of 1.0 percent, with median prices falling to $603,500 in June 2025, down from $610,000 in June 2024.
$760,000
$840,000 $847,500 $845,000
$900,000 $897,500 $900,000
$862,000 $867,250
$925,000
95 95
140
109
129
116
125
104
110
138
$-
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
$1,000,000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2023 2023 2023 2023 2024 2024 2024 2024 2025
Median Price
Single Family Detached Homes
Median Price Number of Units Sold
$520,000
$575,000 $580,000 $579,000
$651,000
$610,000 $615,000
$540,000
$700,000
$603,500
23 31
36 20
34 41 42
31 27
33 -
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
2023 2023 2023 2023 2024 2024 2024 2024 2025
Median Price
Single Family Attached Homes
Median Price Number of Units Sold
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Sales Tax: The City's share of retail sales tax revenues relies heavily on employment stability and consumer confidence. For fiscal year 2024/25, these taxes, collected by local businesses, totaled $22,676,011, reflecting a 0.3 percent increase compared to the previous year.
Proposition “L” Sales Taxes: During the fiscal year, actual Proposition “L” revenues totaled $12,000,450. These funds were used to cover fire services, debt servicing, and associated administrative expenses, amounting to $8,428,472. An additional $2,215,000 from Proposition “L” reserves was allocated to the Facilities Master Program, the 2015 Lease Revenue Bonds refunding, and various capital improvement projects. The resulting surplus of $1,356,978 was added from the existing Proposition “L” reserves, which had been accumulated over previous years. As of June 30, 2025, the balance in the Proposition “L” reserve, stands at $20,671,966.
An annual allocation of $1,205,021 from the additional half-cent sales tax, established through Proposition “L” in November 2007, is designated to support fire services. Additionally, for Fiscal Year 2024/25, $7,227,500 was allocated to service the debt on certificates of participation issued to finance Community Projects.
$1.6 M
$5.0 M
$5.4 M
$8.9 M
$2.0 M
$5.8 M
$6.1 M
$9.7 M
$6.0 M
$6.1 M
$5.4 M
$5.8 M
$5.8 M
$5.7 M
$5.5 M
$5.6 M
$5.3 M
$6.0 M
$5.6 M
$5.6 M
$0.0 M
$2.0 M
$4.0 M
$6.0 M
$8.0 M
$10.0 M
$12.0 M
SEPT 20
DEC 20
MAR 21
JUN 21
SEP 21
DEC21
MAR 22
JUN 22
SEP 22
DEC 22
MAR 23
JUN 23
SEP 23
DEC 23
MAR 24
JUN 24
SEP 24
DEC 24
MAR 25
JUNE 25
QUARTER
SALES TAX NET COLLECTIONS
Activity Summary - Proposition L
Fiscal Year Revenue Expenses Transfer Net
2006/07 904,903$ -$ 904,903$ 2007/08 5,821,352$ ( 4,604,947)$ 1,216,405$
2008/09 5,484,149$ (2,556,872)$ 2,927,277$
2009/10 5,257,643$ (3,642,079)$ 1,615,564$
2010/11 5,896,694$ (4,514,101)$ 1,382,593$
2011/12 6,699,693$ (7,340,764)$ (641,071)$
2012/13 6,710,750$ (7,616,199)$ (905,449)$
2013/14 6,906,516$ (7,607,019)$ (700,503)$
2014/15 7,146,376$ (7,721,550)$ (575,174)$
2015/16 7,573,553$ (7,202,238)$ 371,315$
2016/17 7,463,296$ (6,995,776)$ 467,520$
2017/18 7,935,924$ (7,154,501)$ 781,423$
2018/19 8,274,145$ (7,322,355)$ 951,790$
2019/20 8,669,604$ (7,486,129)$ 1,183,475$
2020/21 10,351,761$ (7,673,314)$ 2,678,447$
2021/22 12,009,138$ (7,859,046)$ 4,150,092$
2022/23 11,950,840$ (8,042,552)$ 3,908,289$
2023/24 11,874,115$ (8,235,600)$ (4,040,432)$ (401,917)$ 2024/251 12,000,450$ (8,428,463)$ (2,215,000)$ 1,356,987$ Inception-to-date 148,930,902$ (122,003,504)$ (6,255,432)$ 20,671,966$ *Transferred per CC resolutions 2024-200, 2025-009, and 2025-128 to fund the 2015 lease refunding, the facilities master program, and various capital replacement projects. 1 Expenditures related to refunding have been removed from this amount to provide an apples to apples comparison.
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Departmental Fees: The General Fund relies on fees to finance services that cater to residents' specific needs rather than general services. Since these services primarily benefit those who utilize them, fees are the preferred funding mechanism over general taxes. These services can be categorized into three main areas: recreation, building and planning services, and fire and other services.
Recreational fees encompass charges related to sports programs, theater attendance, facility rentals, trips, day camps, and catering. The City Council reviews and approves these fees annually, and they play a vital role in supporting the Recreation and Community Services Department's programs. For FY 2024/25, estimated fees to bolster the City's recreation programs amounted to $5,226,041. By the end of the fourth quarter, a total of $5,363,437 had been collected, which is equivalent to 102.6 percent of the revenue estimate.
Fees related to building, engineering, and planning services include charges for building permits, electrical and other building improvement fees, grading, planning, engineering, and environmental services. These fees provide essential support for Planning, Engineering, and Building activities and services. The total estimated fees budgeted for FY 2024/25 to sustain these programs were $3,567,500. By the end of the fourth quarter, collections had reached $4,538,691, or 127.2 percent of the total revenue estimate, underscoring strong financial support.
While the City does not levy charges for fire calls to residents, fees are assessed for services such as building inspections, ambulance services, weed and lot clearing, and various miscellaneous items. The City also receives reimbursements for fire services provided to other agencies during incidents. These reimbursements are not initially included in the budget projections, but appropriations are made as funds are received from the State to cover out-of- area fire costs. The total estimated fees budgeted for FY 2024/25 to support these city services, primarily administered by the Fire Department, amounted to $11,765,246. Within this total, $4,161,295 represents an estimated amount to be received from the Vista Fire Protection District for fire and emergency medical services provided to the District. The agreement between the City and the District stipulates that the District will pay the City a portion of its revenues as they are received. However, since most of the District's revenues come from property taxes, substantial payments are not expected until the second half of the fiscal year. By the end of the fourth quarter, $12,952,788 had been collected for fire-related services, or 110.1 percent of the total revenue estimate, emphasizing robust financial support in this area.
Investment Rates: During the fourth quarter of Fiscal Year 2024/25 (April–June 2025), the U.S. economy grew significantly by annualized rate of 3.8% due to a decrease in net imports (countering the rapid import increase and slight GDP decline in the prior quarter) and an uptick in consumer spending. Inflation continued to cool, with the Consumer Price Index (CPI) rising about 2.7 percent year-over-year in June 2025, reflecting ongoing easing from elevated levels seen in prior years. Amid these mixed indicators—irregular growth paired with moderating inflation—the Federal Reserve maintained the federal funds rate at 4.25 percent to 4.50 percent, signaling a cautious stance as it evaluated the impact of previous policy actions and emerging economic uncertainties.
The City's yield on its investment portfolio tends to align with broader interest rate trends. This alignment stems from the fact that funds, typically invested over five-year terms for optimal returns, become available for reinvestment at prevailing interest rates as existing investments mature. The City employs a strategic approach to portfolio management, prioritizing long-term value optimization. This strategy may involve emphasizing short-term positions when the yield curve aligns with this approach. Nevertheless, staff remain steadfast in maintaining the 11/12/2025
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portfolio's duration to match its stated index benchmark while ensuring safety of the City’s financial assets and ample liquidity to meet the City's cashflow requirements. 11/12/2025
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Taxes: BUDGET 6/30/2024 % RECEIVED BUDGET 6/30/2025 % RECEIVED Property Tax 17,175,457 16,947,220 98.7% 17,619,779 17,588,072 99.8% Homeowners Property Tax Relief 81,178 75,235 92.7% 81,178 74,809 92.2% Real Property Transfer Tax 545,415 634,510 116.3% 545,415 724,847 132.9% VLF Property Tax Compensation 12,967,737 12,975,044 100.1% 13,571,771 13,584,093 100.1% AB 1484 Property Tax Payment (RDA) 3,645,743 4,169,782 114.4% 4,506,288 4,431,638 98.3% Sales and Use Tax1
22,472,193 22,607,089 100. 6% 22,378,847 22, 676,011 101. 3% Cannabis Tax 6,500,000 6,540,061 100.6% 6,000,000 5,822,849 97.0% Proposition L Sales Tax1
11,913,610 11,874,115 99. 7% 11,776,281 12, 000,450 101. 9% SB 172 Sales Tax 916,090 917,848 100.2% 918,933 927,337 100.9% Transient Occupancy Tax 1,991,928 2,161,020 108.5% 2,081,767 2,375,408 114.1% Franchise Tax 4,008,676 4,606,253 114.9% 4,208,243 4,338,917 103.1% Total 82,218,027 83,508,176 101.6% 83,688,502 84,544,431 101.0% 1 Includes estimated revenue for June 2025
Licenses and Permits:
Business Licenses 2,465,400 2,372,996 96.3% 2,354,154 2,499,586 106.2% Bingo Licenses 15,000 13,942 92.9% 15,000 21,133 140.9% Other Licenses 246,470 76,819 31.2% 232,533 120,326 51.7% Total 2,726,870 2,463,757 90.4% 2,601,687 2,641,045 101.5% Intergovernmental:
Motor Vehicle In-Lieu Fees 123,317 123,318 100.0% 100,743 161,875 160.7% Reimbursement of Mandated Costs 286,985 287,869 100.3% 75,000 114,788 153.1% AB 939 Trash Fees 48,674 45,802 94.1% 49,404 45,478 92.1% Grants 7,203,369 3,664,751 50.9% 21,100 344,704 1633.7% Other 21,451 77,648 362.0% 24,573 81,326 331.0% Total 7,683,796 4,199,388 54.7% 270,820 748,171 276.3% Charges For Services:
Recreation Fees 550,988 445,644 80.9% 559,166 491,749 87.9% Amphitheater Programs 3,944,722 3,823,886 96.9% 4,091,851 4,172,765 102.0% Facility Rentals 131,772 154,854 117.5% 146,652 239,128 163.1% Rancho Programs 181,433 170,047 93.7% 181,433 254, 287 140.2% Day Camp Programs 204,584 396,656 193.9% 246,939 205,507 83.2% Building Fees 1,865,500 2,354,285 126.2% 1,802,500 2,111,879 117.2% Engineering Fees 1,635,000 2,110,608 129.1% 1,335,000 2,033,645 152.3% Planning Fees 430,000 480,231 111.7% 430,000 393,167 91.4% Fire Fees 586,531 757,535 129.2% 1,205,586 1,380, 480 114.5%
Ambulance Fees 5,969,106 5,641,988 94.5% 6,398,365 7,297,712 114.1% Charges To Fire Protection District 3,991,528 4,152,085 104.0% 4,161,295 4,274,596 102.7% Charges To School District 370,329 370,329 100.0% 373,402 381,819 102.3% Interdepartmental Direct Service Costs 4,432,987 4,032,987 91.0% 4,632,746 4,032,746 87.0% Other 74,841 99,335 132.7% 84,341 115,682 137.2% Total 24,369,321 24,990,470 102.5% 25,649,276 27,385,162 106.8% Fines and Forfeitures:
Vehicle Code Fines 150,000 200,841 133.9% 150,000 172,421 114.9% Parking Fines 926,200 1,002,177 108.2% 926,200 1,062,733 114.7% Other 317,010 291,974 92. 1% 317,010 538,079 169.7% Total 1,393,210 1,494,992 107.3% 1,393,210 1,773,233 127.3% Use of Money and Property:
Investment Income 2,607,237 3,860,051 148.1% 3,949,524 4,628,894 117.2% GASB Adjustment - 2,815,071 NA - 4,390,754 NA
Lease Income 1,080,662 1,019,105 94.3% 737,812 872,650 118.3% Other - 312,350 NA - (306,766) NA
Total 3,687,899 8,006,578 217.1% 4,687,336 9,585,533 204.5% Other Revenue:
Sale of Property - 140,082 NA - 35,521 NA
Housing Agency Fees - - NA - 8,550 NA
Recycling Revenues 1,000 836 83.6% 1,000 1,718 171.8%
Fund Raising and Contributions 72,500 476,050 656.6% 754, 736 865,627 114.7%
Other 156,146 300,647 192.5% 158,946 281,427 177.1% Total 229,646 917,614 399.6% 914,682 1,192,842 130.4% Total Revenue from External Sources 122,308,769 125,580,974 102. 7% 119,205,513 127, 870,416 107. 3%
GENERAL FUND REVENUE SUMMARY
TWELVE MONTHS ENDED JUNE 30, 2025
Prior Fiscal Year Current Fiscal Year
EXHIBIT 2
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Other Financing Sources:
Transfers In 491,528 509,126 103.6% 397,559 433,228 109.0% Use of Reserves 2,829,241 - 0.0% 3,391,500 - 0.0% Prepayment of Loans - - NA - 72,296 NA Total 3,320,769 509,126 15.3% 3,789,059 505,523 13.3% Total Revenue 125,629,539$ 126,090,101$ 100.4% 122,994,572$ 128,375,939$ 104.4% Detail Of Transfers In:
From CDBG 14,759 14,759 100.0% From Lighting and Landscaping District 1,853,342 1,853,342 100.0% From Supplemental Law Enforcement 285,000 - 0.0% From American Rescue Plan Act - 18,888 NA From JPFA 112,559 - 0.0%
From City of Vista Sewer 9,388,283 - 0.0% Fro Buena Sanitation 2,822,607 - 0.0% Total 14,476,550 1,886,989 13.0%
EXHIBIT 03
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3.5%
14.2%
22.5%
31.0%
38.1%
47.1%
54.5%
62.8%
70.6%
77.6%
86.9%
100.0%
8.5%
16.2%
23.9%
32.2%
39.9%
50.9%
60.3%
67.3%
76.4%
85.6%
94.6%
101.3%
0 0.1
0.2 0.3
0.4 0.5
0.6 0.7
0.8 0.9
1 1.1
123456789 1 0 1 1 1 2 1 3
%
O
F
B
U
D
G
E
T
R
E
C
E
I
V
E
D
MONTH
2024/25 SALES TAX YEAR-TO-DATE
Budget Target
Actual
----- indicates that estimated revenue was used
11/12/2025
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EXHIBIT 3
Sheet1
0.5% 0.9% 1.8% 3.6%
16.1%
26.3%
53.0% 54.7%
66.1%
72.6%
93.2%
100.0%
0.8% 1.3% 2.2%
6.4%
20.5%
27.9%
53.5% 54.9%
70.4%
73.0%
93.0%
100.2%
0 0.1
0.2 0.3
0.4 0.5
0.6 0.7
0.8 0.9
1 1.1
1.2 123456789 1 0 1 1 1 2 1 3
%
O
F
B
U
D
G
E
T
R
E
C
E
I
V
E
D
APPORTIONMENT NUMBER
2024/25 PROPERTY TAX YEAR-TO-DATE
Budget Target
Actual
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Expended % Expended %
Budget As Of Expended Budget As Of Expended
2023/24 2023/24 2023/24 2024/25 2024/25 2024/25
GENERAL FUND:
General Government:
City Council 785,064$ 766,071$ 97.58% 840,522$ 760,126$ 90.44% City Manager 1,253,471 1,142,705 91.16% 1,291,878 1,289, 430 99.81% Economic Development 920,671 712,010 77.34% 946,161 756,718 79.98% Human Resources 1,501,142 1,334,374 88.89% 1,455,851 1,320,813 90.72% City Clerk 743,036 723,945 97.43% 857,972 759,312 88.50% Finance 3,016,572 2,680,276 88.85% 3,310,178 3,003,649 90.74% City Attorney 1,805,307 1,382,514 76.58% 1,828,477 1,475,953 80.72% Contract Legal Contingencies 222,461 115,429 51.89% 442,500 142,200 32.14% Non-Departmental Expenditures 2,903,791 2,067,874 71.21% 3,785,145 2,566,923 67.82% Total General Government 13,151,515 10,925,198 83.07% 14,758,684 12,075,123 81.82% Public Safety:
Law
Enforcement 29,236,345 28,199,383 96.45% 29,876,096 29,257,306 97.93% School Safety Program 25,744 24,678 95.86% 25,744 24,374 94.68% Code Enforcement 2,558,383 2,259,822 88. 33% 2,662,600 2,551,462 95.83% Fire Administration 1,700,972 1,574,947 92.59% 1,981,445 1,883,246 95.04% Fire Training 575,111 515,192 89.58% 739,967 717,707 96.99% Fire Maintenance 2,212,046 2,127,033 96.16% 2,316,833 2,146,631 92.65% Fire Suppression 16,929,791 16,240,417 95.93% 18,760,163 18,096,362 96.46% Fire Prevention 1,167,452 956,922 81.97% 1,475,702 1,208,155 81.87% Emergency Medical Services 8,902,212 8,798,012 98.83% 8,841,093 8,351,006 94.46% EMT Program 1,258,753 901,258 0.00% 2,234,472 1,855,445 83.04% Disaster Preparedness 386,016 306,446 79.39% 209,453 202,681 96.77% Total Public Safety 64,952,825 61,904,110 95.31% 69,123,567 66,294,376 95.91% Community Development:
E
ngineering 1,292,034 887,899 68.72% 1,484,610 1,134,061 76.39% Traffic Engineering 942,252 897,976 95.30% 1,236,309 1,169,245 94.58% Planning 2,700,159 1,499,281 55. 53% 2,646,230 2,047,467 77.37% Land Development 1,480,192 1,224,267 82.71% 1,303,070 1,198,521 91.98% Development Services 2,140,216 1,809,095 84.53% 2,075,669 1,884,242 90.78% Total Community Development 8,554,853 6,318,518 73.86% 8,745,888 7,433,536 84.99% Community Services:
C
ommunity Services Administration 805,602 681,122 84.55% 1,056,160 927,994 87.86% Recreation Programs 1,900,138 1,700,786 89.51% 2,019,505 1,755,253 86.91% Rancho Buena Vista Adobe 238,239 218,313 91. 64% 250,660 231,785 92.47% Senior Services 1,246,145 767,416 61.58% 947,565 910,496 96.09% Housing & Homelessness 8,944,487 2,899,188 32.41% 2,725,588 1,231,098 45.17% Cultural Arts 4,811,142 4,997,002 103.86% 5,099,085 5,171,941 101.43% Total Community Services 17,945,753 11,263,826 62.77% 12,098,563 10,228,568 84.54% Public Works:
P
ublic Works Administration 1,656,872 1,276,396 77.04% 1,564,925 1,275,600 81.51% Graffiti Abatement 302,709 279,482 92.33% 309,295 300,559 97.18% Park Maintenance 3,070,480 2,756,436 89.77% 3, 207,510 3,070,651 95.73% Parkways and Medians 833,244 458,318 55.00% 880,989 709,462 80.53% Total Public Works 5,863,305 4,770,631 81.36% 5,962,720 5,356,271 89.83% Capital Outlay 8,786,442 4,255,765 48.44% 12,316,978 3,972,017 32.25% Transfers Out To Other Funds 36,574,232 28,138,405 76.94% 28,220,391 21,211,787 75.16% Total General Fund Expenditures 155,828,926$ 127,576,453$ 81.87% 151,226,791$ 126,571,677$ 83.70%
GENERAL FUND EXPENDITURE SUMMARY
TWELVE MONTHS ENDED JUNE 30, 2025
EXHIBIT 4
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ORIG INAL BUDGET ADJUSTMENTS TOTAL
$581,171 (22,
005.00) $559,166
3,623,800 468,
050.99 4,091,851
151,272 (4,
620.00) 146,652
386,017 42,355.
00 428,372
1,802,500 -
1,802,500
1,335,000 -
1,335,000
430,000 - 430,
000
252,021 953,564.
79 1,205,586
5,898,365 500,
000.00 6,398,365
4,123,161 411,
536.12 4,534,697
84,341 - 84,
341
1,393,210 -
1,393,210
720,481 (699,
381.00) 21,100
207,147 42,573.
22 249,720
2,504,154 (
150,000.00) 2,354,154
267,500 (19,
967.00) 247,533
2,371,370 1,
578,154.00 3,949,524
737,812 - 737,
812
442,500 312,235.
94 754,736
159,946 - 159,
946
4,432,746 200,
000.00 4,632,746
362,559 35,000.
00 397,559
1,081,019 2,
310,481.00 3,391,500
33,589,780 2,
734,651.00 36,324,431
23,702,835 (
1,323,988.00) 22,378,847
945,759 (26,
826.00) 918,933
2,081,767 -
2,081,767
4,065,508 142,
735.00 4,208,243
12,271,998 (
495,717.00) 11,776,281
7,000,000 (
1,000,000.00) 6,000,000
117,005,739 12,
827,017 122,994,572
ORIG
INAL BUDGET ADJUSTMENTS TOTAL
$796,266 44,256.
00 $840,522
1,270,120 21,
758.00 1,291,878
2,650,979 24,
621.00 2,675,600
1,522,802 (
66,951.00) 1,455,851
855,196 2,776.
00 857,972
2,291,494 1,
018,683.99 3,310,178
1,836,108 (
7,631.00) 1,828,477
200,000 242,500.
00 442,500
1,585,889 2,
331,846.63 3,917,736
29,189,842 686,
254.49 29,876,096
25,744 - 25,
744
Revenue :
Recreation Fees
Amphitheater Program
Facility Rentals
Recreation Programs
Building fees
Engineering fees
Planning fees
Fire fees
Ambulance fees
Charges to other agencies
Ot
her other services
Fines
Grants
Other other intergov'tal
Business licenses
Other licenses
Investment income
Lease income
Contributions
Other
Interdept direct
Transfers in
Use of Reserves
Property taxes
Sales use taxes
SB 172 sales taxes
T
ransient transient occupancy
Fr
anchise franchise taxes
Prop L sales tax
Cannabis tax
Revenue Estimate at June 30
Appropriations:
City Council
City Manager
Code Enforcement
Human Resources
City Clerk
Finance
City Attorney
Contract Legal Contingencies
Non-
Departmental
Law Enforcement
School Safety Program
F
ire Administration 1,849,838 262,291.55 2,112,130
RECONCILIATION OF ORIGINAL REVENUE ESTIMATES
AND APPROPRIATIONS TO AMOUNTS AT JUNE 30, 2025
EXHIBIT 5
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473,168 646,799.00 1, 119,967
2,257, 321 759,511.68 3,016,833
17,870,
813 6,830,412.20 24,701,225
1,307,
932 267,820.72 1,575,753
11,471,
627 (1,372,439.76) 10,099,187
0 3,165,
472.00 3,165,472
172,494 36,
959.00 209,453
1,316,
992 174,613.00 1,491,605
838,816 397,
493.00 1,236,309
1,455,
351 1,190,878.98 2,646,230
1,144,
436 158,634.00 1,303,070
1,948,
894 126,774.95 2,075,669
841,482 4,
228,105.66 5,069,588
698,861 247,
300.23 946,161
1,036,
561 528,364.46 1,564,925
302,512 6,
783.00 309,295
804,361 251,
798.87 1,056,160
1,947,
561 158,138.00 2,105,699
2,732,
493 623,017.44 3,355,510
502,438 378,
551.00 880,989
242,362 8,
298.00 250,660
892,915 54,
649.93 947,565
4,428,
727 815,664.36 5,244,391
17,945,
248 10,275,143.00 28,220,391
Fire Training
Fire Maintenance
Fire Suppression
Fire Prevention
Emergency Medical Services
Emergency Medical Transport
Program Disaster Preparedness
Engineering
Traffic Engineering
Planning
Land Development
Development Services
Housing & Homeless Services
Economic Development
Public Works Administration
Graffiti Abatement
Community Services Administration
Recreation Programs
Park Maintenance
Parkways & medians
R
ancho Buena Vista Adobe
Senior Services
Cultural Arts
Transfer Out from Fund 001
Appropriations Estimate at June 30
$116,707,
643 $40,261,440 $151,226,791
EXHIBIT 05
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Nonspendable:
Prepaid Costs 4,775,433
Due from Successor Agency 584,025 $5,359,458
Restricted:
Public Safety 353,964
SB 1186 disability access and education 184,035
Aerial Equipment Fee 305,116
Park and facilities development -
Planned local drainage -
Underground Utilities 331,961
Other purpose 8,550 26,439,569
Committed:
Moonlight facilities 600,368
Park cellular 1,201,209
Senior facility maintenance 200,000
Street Projects 1,000,000
Proposition "L" projects 20,671,966
AB 1484 property tax distribution 17,117,418
Nutrition Center 52,475
Other purposes 13,290,475 54,133,912
Assigned:
Public works 155,125
Stormwater Maintenance 350,000
Capital projects 3,488,362
Community projects 1,403,054
Cultural Arts 736,901
Economic development priorities 123,280
Park maintenance improvements 641,755
800 MHz radio replacement 641,221
Fire equipment replacement 4,317,561
Climate action plan 655,088
Excess Cannabis Revenue 1,356,453
Wave waterpark 1,000
Other purposes 13,673 13,883,471
Unassigned
Emergency Reserve 36,682,148
Available June 30, 2025 fund balance 9,751,341
Petty Cash 4,400
Less Nonspendable Amounts (5,359,458)
Unrealized investment gains (losses) 906,742 41,985,173 Total fund balances $141,801,582
AS OF JUNE 30, 2025
GENERAL FUND FUND BALANCE
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EXHIBIT 6
BUENA WATERPARK CAL TRASH
CITY SANITATION ENTERPRISE ENTERPRISE
SEWER DISTRICT ACTIVITY ACTIVITY TOTALS
ASSETS:
Cash and investments 60,406,347$ 39,718,471$ 476,037$ 9,316,601$ 109,917,456$ Accounts receivable 76,090 5,086 - 6 30,229 7
11,404
Due from others 2,122,662 43,562 - - 2 ,166,225
Deposits 129,350 50,000 - - 1
79,350
Inventory 28,296 - - - 2
8,296
Prepaid expenses 3,788 2,321 - - 6 ,109
Land 47,652 - 942,473 - 9
90,125
Fixed assets-net 152,532,682 68,972,622 2,591,380 1 0,457 224,107,142
Construction in progress 11,154,142 4,630,316 - - 1 5,784,458
Total assets 226,501,009 113,422,378 4 ,009,890 9 ,957,287 3 53,890,564 DEFERRED OUTFLOWS OF RESOURCES:
Deferred outflows pension 945,037 312,715 162,478 42,693 1,462,923 Total deferred outflows of resources 945,037 312,715 1 62,478 4 2,693 1 ,462,923 LIABILITIES:
Accounts payable 607,970 374,931 225,734 17,007 1,225,642 Due to others 16,612 4,663 7,907 - 2 9,182
Compensated absences 408,664 210,102 93,357 29,663 741,785 Interest payable 89,798 335 - - 9
0,133
Deferred/unearned revenues 1,814,551 651,419 - - 2 ,465,970
State Revolving Fund loans 20,517,629 - - - 2
0,517,629
Other liabilities 42,561 17,374 - - 5 9,935
Net pension liability 3,334,696 1,330,932 448,409 117,442 5,231,479 Total liabilities 26,832,481 2,589,755 7 75,408 1 64,111 3 0,361,755 DEFERRED INFLOWS OF RESOURCES:
Deferred inflows pension - - - - -
Total deferred inflows of resources - - - - -
NET POSITION:
Net investment in capital assets 163,734,476 73,602,938 3,533,853 10,457 240,881,724 Restricted for capital projects 14,538,882 9,471,648 93,632 1,800,100 25,904,262 Unrestricted 22,340,207 28,070,752 (230,525) 8,025,311 58,205,745 Total net position 200,613,565$ 111,145,338$ 3,396,960$ 9 ,835,868$ 3 24,991,732$
CITY OF VISTA
ENTERPRISE FUNDS
COMBINED BALANCE SHEET
AS OF JUNE 30, 2025
EXHIBIT 7
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BUENA WATERPARK CAL TRASH
CITY SANITATION ENTERPRISE ENTERPRISE
SEWER DISTRICT ACTIVITY ACTIVITY TOTALS
REVENUES:
Sewer service charges 25,652,537$ 9,309,030$ -$ -$ 34,961,567$ Grants 40,106 - - - 40,106
Interest 1,597,109 1,113,706 18,170 236,795 2,965,780 Mark to market adjustment 1,465,613 1,126,540 20,329 176,820 2,789,302 Unstructured programs - - 372,840 - 372,840 Structured programs - - 290,385 - 290,385
Concessions sales - - 308,613 - 308,613
Rentals - - 701,958 - 701,958
CMTC Charges - - - 2,770,817 2,770,817
Other 131,641 51,946 2,774 - 186,360 Total revenues 28,887,005 11,601,222 1,715,069 3,184,432 45,387,728 EXPENSES:
Administration 5,565,669 399,278 2,914,652 - 2,572,915 Engineering 8,031,918 3,451,900 - - 1,669,334 Stormwater engineering 1,124,399 - - - 813,699 Field operations 3,073,019 1,844,112 - - 3,180,177 Stormwater maintenance 1,785,205 - - - 1,210,048 Operations and maintenance - - - 461,275 296,565 Depreciation 8,677,120 3,296,091 678,859 4,327 17,579 Debt service 412,916 - - - 69,350
Capital improvements 6,705,065 3,847,320 431,289 - 10,308,427 Other - - 5,758
-
Total expenses 35,375,311 12,838,703 4,030,558 465,602 20,138,094 Revenues over (under)
expenses (6,488,306) (1,237,481) (2,315,489) 2,718,829 9,919,630 Capital improvements & equip (7,020,930) (5,335,114) (437,046) - (12,793,089) classified to fixed assets
Transfers in (out) 488,813 (488,813) 1,026,297 - 654,914 Net position at 6/30/2024 199,592,128 107,536,518 4,249,107 7,117,039 312,601,718 Net position at 6/30/2025 200,613,565$ 111,145,338$ 3,396,960$ 9, 835,868$ 324, 991,731$
CITY OF VISTA
ENTERPRISE FUNDS
COMBINED INCOME STATEMENT
TWELVE MONTHS ENDED
JUNE 30, 2025
EXHIBIT 8
11/12/2025
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RESOLUTION NO. 2025-
A RESOLUTION OF THE CITY COUNCIL OF THE CHARTERED CITY OF
VISTA, CALIFORNIA, AMENDING THE OPERATING BUDGET FOR FISCAL YEARS 2025/26 AND 2026/27, AND AMENDING THE CAPITAL PROJECT BUDGET FOR FISCAL YEARS 2024/25 AND 2025/26
The City Council of the City of Vista does resolve as follows:
1. Findings. The City Council hereby finds and declares the following:
A. On June 10, 2025 the City Council adopted Resolution 2025-102 approving the Operating Budget for fiscal Years 2025/26 and 2026/27.
B. On June 11, 2024, the City Council adopted Resolution 2024-86, approving the Six-Year Capital Improvement Program, the Capital Project Budget for Fiscal Years 2024/25 AND 2025/26, and authorizing appropriations for Fiscal Years 2024/25 and 2025/26 capital projects.
C. The City Council desires to amend the Operating and Capital Project Budget at this time to reflect changed circumstances.
2. Action.
A. The Operating Budget for Fiscal Year 2025/26 and 2026/27 and the Capital Project Budget for Fiscal Years 2024/25 and 2025/26 are amended as set forth in Exhibit A.
3. Adoption. PASSED AND ADOPTED at a meeting of the City Council of the City of Vista held on November 12, 2025, by the following vote:
AYES:
NOES:
ABSTAIN:
APPROVED AS TO FORM:
WALTER CHUNG, CITY ATTORNEY
By:
APPROVED
Walter C. Chung
20251105073309
JOHN B. FRANKLIN, MAYOR
ATTEST:
KATHY VALDEZ, CITY CLERK
By:
11/12/2025
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EXHIBIT 9
Fiscal Year 2024/25 Recommended Uses of Year End-Fund Balance ($9,751,341) City Council Goal Amount ($) Project Project Description Org Object Proj Fiscal Responsibility 3,100,906 GF Emergency Reserve Contribution Achieves the midpoint of the 30-35% policy range for GF Emergency Reserves as of FY 2026/27 Original Budget, CC Policy 200-19 0010000 310711 A Cleaner More Beautiful Vista 100,000 Public Art Fund Funds Public Art with approval of Arts Commission - CC Discussion on 2/25/25 0010500 531500 YE25
Parks and Recreation 360,000 Wave Maintenance Fund Per the recommendations of the facility analysis by Aquatic Design Group - CC Discussion on 8/12/25 0010000 310785
Parks and Recreation 5,000 Youth National Tournament Travel Per City Council Policy 200-17 0010510 531300 YNCTA Parks and Recreation 250,000 Park Restroom Upgrades Upgrade fixtures and associated equipment in park restrooms - CC Discussion on 10/8/24 6020155 562000 YE25
Economic Development 100,000 Business Park Way Finding signs Funds implementation of a wayfinding program for tasting rooms - CC Discussion on 4/22/25 0010370 531500 YE25A
TOTAL 3,915,906
City Council Goal Amount ($) Project Project Description Org Object Proj Public Safety 140,000 Wildfire Training Fund Resources for Wildfire Training Exercises 0010251 531500 YE25 Public Safety 60,000 Thermal Imaging Cameras Replace all thermal imaging equipment for Fire staff 0010260 562000 YE25 Fiscal Responsibility 20,000 Pension Funding Analysis Compile data for optimal deployment of pension assets 0010130 521000 YE25 Parks and Recreation 15,000 Senior Center Transportation Electric Golf Cart for the Senior Center 0010555 562000 YE25 Parks and Recreation 170,000 Wave Pool Heater Wave pool heater in need of replacement 5070580 562000 YE25 Parks and Recreation 125,000 Moonlight Marketing 2026 Season Development and distribution of marketing materials for the Moonlight 2026 Summer Season 0010560 531900 COMM
Parks and Recreation 60,000 Senior Center Meals Additional congregate meals beyond County allotment; ensures no senior is turned away. 1070550 521040 YE25
TOTAL 590,000
POLICY/PRIOR CITY COUNCIL REQUESTS
STAFF REQUESTS
11/12/2025
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Fiscal Year 2024/25 Recommended Uses of Year End-Fund Balance (continued) City Council Goal Amount ($) Project Project Description Org Object Proj Public Safety 350,000 Storm Water Maintenance Fund Reserve for future storm water asset maintenance 0010000 310722 Public Safety 500,000 Solar Street Light Reserve Reserve to continue solar PV street light program 0010000 310788 Fiscal Responsibility 500,000 GF Emergency Reserve Contribution Additional contribution to the emergency reserve 0010000 310711 Homelessness & Housing 500,000 Senior Housing Subsidy Reserve for Senior Housing Subsidy 0010000 310790 Parks and Recreation 1,000,000 Luz Duran Park Community Center Fund design and establish reserve for a future community center at Luz Duran Park 0010000 310787
Parks and Recreation 100,000 Wiivay Trail Extension Extends the Wiivay Trail across Wildwood Park to the corner of Civic Center/Vista Village 0026555 578999 8399
Parks and Recreation 500,000 Remodel Wave Bathrooms Remodel the Wave restrooms / shower areas / changing rooms 5076620 578999 8940 Parks and Recreation 25,000 RBV Adobe Facility Equipment Replacement Replace all chairs and tables at the Rancho Buena Vista Adobe 0010545 562000 YE25 Parks and Recreation 100,000 Design Services for New Park Final Design of new park at Bobier/Anza 0026555 578999 8388 Parks and Recreation 105,000 Shade Sails at the Senior Center Funds shade sails over the south patio area at the Park Terrace Building 0026555 578999 8335 Economic Development 100,000 Downtown Special Events Fund Funds special events within the historic downtown, subject to CC approval 0010370 531500 YE25A
Economic Development 100,000 Downtown Committee Recommendations Reserve for the implementation of the Downtown Plan 0010000 310789 Economic Development 50,000 Business Incubator Program Promotes startups and small business relocation in Vista 0010370 521000 YE25 Climate and Environmental
Responsibility 50,000 Food Distribution Funds food distribution for the community 0010145 531500 YE25 Traffic 1,000,000 Traffic Calming Reserve Fund for neighborhood traffic calming projects 0010000 310753 Traffic 265,435 Sidewalk Priorities Sidewalk projects per the sidewalk priority list 0026555 578999 8290 TOTAL 5,245,435
CURRENT CITY COUNCIL REQUESTS
11/12/2025
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Fiscal Year 2024/25 Recommended Uses of Excess Cannabis Revenue City Council Goal Amount ($) Project Project Description Org Object Proj Parks & Recreation 581,337 Scholarship Program (Per CC Policy 200-21)
Staffing, software, and funding to extend the City's scholarship program.
Split between extra-curricular (80%) and Academic (20%) 0010145 531500 YC25A Parks & Recreation 575,116 Scholarship Program (Additional Amount recommended)
Additional funding to extend the City's scholarship program. 100% to extra-curricular 0010145 531500 YC25A
Public Safety 200,000 Bus Shelters Funds 4-5 new bus shelters in high use areas 0026555 578999 8941 TOTAL 1,356,453
CANNABIS REVENUE FUNDING REQUESTS
11/12/2025
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Vista City Council Policy
200-19 USE OF YEAR END FUND BALANCE AND GENERAL FUND
RESERVES
PURPOSE
Establish guidelines for the use of any funds remaining at the end of a fiscal year commonly referred to as a “Year End Fund Balance”).
POLICY
Any available amount of a Year End Fund Balance should be strategically used to meet current budget year needs, enhance the City’s infrastructure, strengthen the City’s financial position, or support one-time uses that align with the City Council’s adopted goals. Given these criteria, use of a Year End Fund Balance is authorized for the following purposes:
1. If existing, close any remaining structural deficit amount in the budget.
2. Maintain the City’s Emergency Reserve Account at a range of 30% to 35% of the greater of the two fiscal years’ original General Fund appropriations (including Transfers Out to other funds) within the current biennial Operating Budget or the second year (mid-term) amended and adopted Operating Budget of the same.
3. Maintain the City’s Section 115 Pension Trust balance to a range of 1.0 to
1.5 times the total annual CalPERS pension obligation (both Unfunded Actuarial Liability and Normal Costs) of the greater of the two fiscal years’ original pension expenditure appropriations within the current biennial Operating Budget or the second year (mid-term) amended and adopted Operating Budget of the same.
4. Other uses as identified in the current fiscal year fourth quarter financial report, or as directed by a majority of the City Council.
Items are ranked in priority order. Funds required to satisfy Item #1, if needed, should be allocated in full. After Item #1 has been satisfied, any remaining Year End Fund Balance may be allocated to Items 2 through 4, by a majority vote of the City Council.
HISTORY
Adopted June 14, 2011, City Council Resolution No. 2011-121.
Amended October 11, 2016, City Council Resolution No. 2016-151.
Amended November 13, 2018, City Council Resolution No. 2018-175.
Amended October 24, 2023, City Council Resolution No. 2023-185.
Amended September24, 2024, City Council ResolutionNo. 2024-154 200-19 (1)
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EXHIBIT 10
Vista City Council Policy
200-21 CANNABIS TAX REVENUE ALLOCATION
PURPOSE
Establish guidelines for the use of cannabis tax revenue.
P
OLICY
Annu
ally, cannabis tax revenue shall be allocated as follows:
1. Sixty-five percent (65%) of total cannabis revenue shall be allocated to the general fund for general government purposes and to cover the ongoing costs of two park rangers, a sheriff’s deputy, and park restroom maintenance.
The minimum annual allocation to the general fund shall be $4,466,396.00.
2. Fifteen percent (15%) of total cannabis revenue shall be allocated to scholarships. After covering staff costs, remaining funds shall be divided between scholarships for extra-curricular activities and academic scholarships, with 80 percent going towards extra-curricular activities and 20 percent for academic scholarships. Funds for academic scholarships shall be awarded to organizations that provide academic scholarships to enable them to award additional, or larger, scholarships.
3. T
wenty percent (20%) of total cannabis revenue, less the amount needed to make the minimum allocation to the general fund, shall be allocated by majority vote of the City Council to projects requiring one-time funding.
HI
STORY
A
dopted November 12, 2024, City Council Resolution No. 2024-185. 200-21 (1)
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EXHIBIT 11
Fiscal Year 2024/25 Recommended Uses of Year End-Fund Balance ($9,751,341) City Council Goal Amount ($) Project Project Description Org Object Proj Fiscal Responsibility 3,100,906 GF Emergency Reserve Contribution Achieves the midpoint of the 30-35% policy range for GF Emergency Reserves as of FY 2026/27 Original Budget, CC Policy 200-19 0010000 310711 A Cleaner More Beautiful Vista 100,000 Public Art Fund Funds Public Art with approval of Arts Commission - CC Discussion on 2/25/25 0010500 531500 YE25
Parks and Recreation 360,000 Wave Maintenance Fund Per the recommendations of the facility analysis by Aquatic Design Group - CC Discussion on 8/12/25 0010000 310785
Parks and Recreation 5,000 Youth National Tournament Travel Per City Council Policy 200-17 0010510 531300 YNCTA Parks and Recreation 250,000 Park Restroom Upgrades Upgrade fixtures and associated equipment in park restrooms - CC Discussion on 10/8/24 6020155 562000 YE25
Economic Development 100,000 Business Park Way Finding signs Funds implementation of a wayfinding program for tasting rooms - CC Discussion on 4/22/25 0010370 531500 YE25A
TOTAL 3,915,906
City Council Goal Amount ($) Project Project Description Org Object Proj Public Safety 140,000 Wildfire Training Fund Resources for Wildfire Training Exercises 0010251 531500 YE25 Public Safety 60,000 Thermal Imaging Cameras Replace all thermal imaging equipment for Fire staff 0010260 562000 YE25 Fiscal Responsibility 20,000 Pension Funding Analysis Compile data for optimal deployment of pension assets 0010130 521000 YE25 Parks and Recreation 15,000 Senior Center Transportation Electric Golf Cart for the Senior Center 0010555 562000 YE25 Parks and Recreation 170,000 Wave Pool Heater Wave pool heater in need of replacement 5070580 562000 YE25 Parks and Recreation 125,000 Moonlight Marketing 2026 Season Development and distribution of marketing materials for the Moonlight 2026 Summer Season 0010560 531900 COMM
Parks and Recreation 60,000 Senior Center Meals Additional congregate meals beyond County allotment; ensures no senior is turned away. 1070550 521040 YE25
TOTAL 590,000
POLICY/PRIOR CITY COUNCIL REQUESTS
STAFF REQUESTS
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EXHIBIT 12
Fiscal Year 2024/25 Recommended Uses of Year End-Fund Balance (continued) City Council Goal Amount ($) Project Project Description Org Object Proj Public Safety 350,000 Storm Water Maintenance Fund Reserve for future storm water asset maintenance 0010000 310722 Public Safety 500,000 Solar Street Light Reserve Reserve to continue solar PV street light program 0010000 310788 Fiscal Responsibility 500,000 GF Emergency Reserve Contribution Additional contribution to the emergency reserve 0010000 310711 Homelessness & Housing 500,000 Senior Housing Subsidy Reserve for Senior Housing Subsidy 0010000 310790 Parks and Recreation 1,000,000 Luz Duran Park Community Center Fund design and establish reserve for a future community center at Luz Duran Park 0010000 310787
Parks and Recreation 100,000 Wiivay Trail Extension Extends the Wiivay Trail across Wildwood Park to the corner of Civic Center/Vista Village 0026555 578999 8399
Parks and Recreation 500,000 Remodel Wave Bathrooms Remodel the Wave restrooms / shower areas / changing rooms 5076620 578999 8940 Parks and Recreation 25,000 RBV Adobe Facility Equipment Replacement Replace all chairs and tables at the Rancho Buena Vista Adobe 0010545 562000 YE25 Parks and Recreation 100,000 Design Services for New Park Final Design of new park at Bobier/Anza 0026555 578999 8388 Parks and Recreation 105,000 Shade Sails at the Senior Center Funds shade sails over the south patio area at the Park Terrace Building 0026555 578999 8335 Economic Development 100,000 Downtown Special Events Fund Funds special events within the historic downtown, subject to CC approval 0010370 531500 YE25A
Economic Development 100,000 Downtown Committee Recommendations Reserve for the implementation of the Downtown Plan 0010000 310789 Economic Development 50,000 Business Incubator Program Promotes startups and small business relocation in Vista 0010370 521000 YE25 Climate and Environmental
Responsibility 50,000 Food Distribution Funds food distribution for the community 0010145 531500 YE25 Traffic 1,000,000 Traffic Calming Reserve Fund for neighborhood traffic calming projects 0010000 310753 Traffic 265,435 Sidewalk Priorities Sidewalk projects per the sidewalk priority list 0026555 578999 8290 TOTAL 5,245,435
CURRENT CITY COUNCIL REQUESTS
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Fiscal Year 2024/25 Recommended Uses of Excess Cannabis Revenue City Council Goal Amount ($) Project Project Description Org Object Proj Parks & Recreation 581,337 Scholarship Program (Per CC Policy 200-21)
Staffing, software, and funding to extend the City's scholarship program.
Split between extra-curricular (80%) and Academic (20%) 0010145 531500 YC25A Parks & Recreation 575,116 Scholarship Program (Additional Amount recommended)
Additional funding to extend the City's scholarship program. 100% to extra-curricular 0010145 531500 YC25A
Public Safety 200,000 Bus Shelters Funds 4-5 new bus shelters in high use areas 0026555 578999 8941 TOTAL 1,356,453
CANNABIS REVENUE FUNDING REQUESTS
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EXHIBIT 13
PRIOR ACTIONS
Fiscal Year 2024/25 Fourth Quarter Financial Report
On
May 28, 2025, received and filed the Fiscal Year 2024/25 Third Quarter Financial Report.
Adopted City Council Resolution No. 2025-78, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25. Adopt Buena Sanitation District Resolution No. 2025- 04, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25. Adopt City Council Resolution No. 2025- 79, amending the City-Wide Classification and Compensation Index, and repealing the provisions of any resolutions in conflict herewith. (Vote 5-0)
O
n March 11, 2025 Received and filed the Fiscal Year 2024/25 Second Quarter Financial Report.
Adopted City Council Resolution No. 2025-32, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25, and amending the Capital Project Budget for Fiscal Years 2024/25 and 2025/26. Adopted Buena Sanitation District Resolution No. 2025- 01, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25, and amending the Capital Project Budget for Fiscal Years 2024/25 and 2025/26. (Vote 5-0)
O
n December 10, 2024, received and filed the Fiscal Year 2024/25 First Quarter Financial Report.
Adopted City Council Resolution No. 2024-200, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25, and amending the Capital Project Budget for Fiscal Years 2024/25 and 2025/26. Adopted Buena Sanitation District Resolution No. 2024- 14, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25. Adopted City Council Resolution No. 2024 -201, amending the City-Wide Classification and Compensation Index, and repealing the provisions of any resolutions in conflict herewith. (Vote 5-0)
O
n November 12, 2024, r eceived and filed the Fiscal Year 2023/24 Fourth Quarter Financial Report; adopted City Council Resolution No. 2024-190, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25 and amending the Capital Project Budget for Fiscal Years 2024/25 and 2025/26; Directed staff to update rental assistance program to include rehousing assistance; update language of Traffic Calming and Mobility Reserve to accommodate for sidewalk projects; postpone allocation of slurry seal project funding until specific budgetary discussion is held; and support HMLA 369 families with any remaining funds from Graffiti Pilot Program following the City’s grant application (Vote: 5-0).
O
n May 28, 2024, received and filed the Fiscal Year 2023/24 Third Quarter Financial Report.; adopted City Council Resolution No. 2024- 70, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25 and amending the Capital Project Budget for Fiscal Years 2022/23 and 2023/24; adopted Buena Sanitation District Resolution No. 2024 -2, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25; adopted City Council Resolution No. 2024 -71, amending the City-Wide Classification and Compensation Index and repealing the provisions of any resolutions in conflict herewith; and adopted City Council Resolution No. 2024-72, approving a Letter of Agreement between the City of Vista and the Vista City Maintenance Association and repealing the provisions of any resolutions in conflict herewith. (Vote 5-0) O
n March 12, 2024, received and filed the Fiscal Year 2023/24 Second Quarter Financial Report; adopted City Council Resolution No. 2024- 36, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25 and amending the Capital Project Budget for Fiscal Years 2022/23 and 2023/24; adopted Buena Sanitation District Resolution No. 2023- 10, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25; and adopted City Council Resolution No. 2024-37, 11/12/2025
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EXHIBIT 14
amending the City-Wide Classification and Compensation Index and repealing the provisions of any resolutions in conflict herewith. (Vote: 4-0, O’Donnell absent)
On December 12, 2023, received and filed the Fiscal Year 2023/24 First Quarter Financial Report; adopted City Council Resolution No. 2023-218, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25 and amending the Capital Project Budget for Fiscal Years 2022/23 and 2023/24; adopted Buena Sanitation District Resolution No. 2023- 10, amending the Operating Budget for Fiscal Years 2023/24 and 2024/25; and adopted City Council Resolution No. 2023 - 219, amending the City-Wide Classification and Compensation Index and repealing the provisions of any resolutions in conflict herewith. (Vote: 5-0)
On November 14, 2023, received and filed the Fiscal Year 2022/23 Fourth Quarter Financial Report; adopted City Council Resolution No. 2023-202 amending the Operating Budget for Fiscal Years 2023/24 and 2024/25, and amending the Capital Project Budget for Fiscal Years 2022/23 and 2023/24 as revised by City Council (Vote: 5-0).
On May 23, 2023, received and filed the Fiscal Year 2022/23 Third Quarter Financial Report; adopted City Council Resolution No. 2023-87, amending the Operating Budget for Fiscal Years 2021/22 and 2022/23, and amending the Capital Project Budget for Fiscal Years 2022/23 and 2023/24; adopted Buena Sanitation District Resolution No. 2023 -1, amending the Operating Budget for Fiscal Years 2021/22 and 2022/23: adopted City Council Resolution No. 2023 -88, amending the City-Wide Classification and Compensation Index, repealing the provisions of any resolutions in conflict herewith. (Vote: 5-0).
One March 14, 2023 received and filed the Fiscal Year 2022/23 Second Quarter Financial Report. Adopted City Council Resolution No. 2023- 36, amending the Operating Budget for Fiscal Years 2021/22 and 2022/23, and amending the Capital Project Budget for Fiscal Years 2022/23 and 2023/24. Adopted City Council Resolution No. 2023- 37, amending the City-Wide Classification and Compensation Index, and repealing the provisions of any resolutions in conflict herewith.
On December 15, 2022 received and filed the Fiscal Year 2022/23 First Quarter Financial Report; Adopted City Council Resolution No. 2022- 188, amending the Operating Budget for Fiscal Years 2021/22 and 2022/23, and amending the Capital Project Budget for Fiscal Years 2022/23 and 2023/24; Adopted City Council Resolution No. 2022-189, amending the City-Wide Classification and Compensation Index, and repealing the provisions of any resolutions in conflict herewith.
On November 15, 2022, received and filed the Fiscal Year 2021/22 Fourth Quarter Financial Report; adopted City Council Resolution No. 2022- 172, amending the Operating Budget for Fiscal Years 2021/22 and 2022/23, and amending the Capital Project Budget for Fiscal Years 2021/22 and 2022/23; adopted Buena Sanitation District Resolution 2022- 21, amending the Operating Budget for Fiscal Years 2021/22 and 2022/23 (Vote: 5-0).
On May 10, 2022, received and filed the Fiscal Year 2021/22 Third Quarter Financial Report; adopted City Council Resolution No. 2022-70, amending the Operating Budget for Fiscal Years 2021/22 and 2022/23 (Vote: 5-0).
On March 8, 2022, received and filed the Fiscal Year 2021/22 Second Quarter Financial Report; adopted City Council Resolution No. 2022-37, amending the Operating Budget for Fiscal Years 2021-22 and 2022/23; adopted City Council Resolution No. 2022 -38, amending the Citywide 11/12/2025
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Classification and Compensation Index; adopted Buena Sanitation District Resolution 2022-10, amending the Operating Budget for Fiscal Years 2021/22 and 2022/23 (Vote: 5-0).
On December 14, 2021, received and filed the Fiscal Year 2021/22 First Quarter Financial Report; adopted City Council Resolution No. 2021- 217, amending the Operating Budget for Fiscal Years 2021/22 and 2022/23, and amending the Capital Project Budget for Fiscal Years 2020/21 and 2021/22; adopted Buena Sanitation District Resolution 2021- 217, amending the Operating Budget for Fiscal Years 2020/21 and 2021/22 (Vote: 5-0).
On November 9, 2021, received and filed the Fiscal Year 2020/21 Fourth Quarter Financial Report; adopted City Council Resolution No. 2021- 195 amending the Operating Budget for Fiscal Years 2020/21 and 2022/23, and amending the Capital Project Budget for Fi scal Years 2020/21 and 2021/22; adopted Buena Sanitation District Resolution 2021- 195, amending the Operating Budget for Fiscal Years 2020/21 and 2021/22 (Vote: 5-0).
On May 11, 2021, received and filed the Fiscal Year 2020/21 Third Quarter Financial Report; adopted City Council Resolution No. 2021-70, amending the Operating Budget for Fiscal Years 2020/21 and 2021/22, and amending the Capital Project Budget for Fiscal Years 2020/21 and 2021/22; adopted Buena Sanitation District Resolution 2021-5, amending the Operating Budget for Fiscal Years 2019/20 and 2020/21 (Vote: 5-0).
On March 9, 2021, received and filed the Fiscal Year 2020/21 Second Quarter Financial Report; adopted City Council Resolution No. 2021-34, amending the Operating Budget for Fiscal Years 2019/20 and 2020/21, and amending the Capital Project Budget for Fiscal Years 2020/21 and 2021/22; adopted Buena Sanitation District Resolution 2021-5, amending the Operating Budget for Fiscal Years 2019/20 and 2020/21 (Vote: 5-0).
On December 8, 2020, received and filed the Fiscal Year 2020/21 First Quarter Financial Report; adopted City Council Resolution No. 2020-206, amending the Operating Budget for Fiscal Years 2019/20 and 2020/21, and amending the Capital Project Budget for Fiscal Years 2020/21 and 2021/22; adopted Buena Sanitation District Resolution 2020- 34, amending the Operating Budget for Fiscal Years 2019/20 and 2020/21 (Vote: 5-0).
On November 10, 2020, received and filed the Fiscal Year 2019/20 Fourth Quarter Financial Report; adopted City Council Resolution No. 2020- 192, amending the Operating Budget for Fiscal Years 2019/20 and 2020/21, and amending the Capital Projects Budget for Fiscal Years 2020/21 and 2021/22 (Vote: 5-0).
On May 12, 2020, received and filed the Fiscal Year 2019 /20 Third Quarter Financial Report; adopted City Council Resolution No. 2020-77, amending the Operating Budget for Fiscal Years 2019/20 and 2020/21, and amending the Capital Project Budget for Fiscal Years 2018/19 and 2019/20 and adopted Community Development Commission Resolution No. 2020-2 , adopting a Capital Project Budget for Fiscal Years 2018/19 and 2019/20 (Vote: 5-0).
On March 10 , 2020, received and filed the Fiscal Year 2019/20 Second Quarter Financial Report; adopted City Council Resolution No. 2020-38, amending the Operating Budget for Fiscal Years 2019/20 and 2020/21, and amending the Capital Project Budget for Fiscal Years 2018/19 and 2019/20 and adopted Buena Sanitation District Resolution No. 2020- 5, amending the Capital Project Budget for Fiscal Years 2018/19 and 2019/20 (Vote: 5-0).
On December 10, 2019, received and filed the Fiscal Year 2019/20 First Quarter Financial Report; adopted City Council Resolution No. 2019- 163, amending the Operating Budget for 11/12/2025
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Fiscal Years 2019/20 and 2020/21, and amending the Capital Project Budget for Fiscal Years 2018/19 and 2019/20 and adopted City Council Resolution No. 2019-164, amending the City- Wide Classification and Compensation Index, and repealing the provisions of any resolutions in conflict herewith (Vote: 5-0).
On November 12, 2019, received and filed the Fiscal Year 2018/2019 Fourth Quarter Financial Report; adopted City Council Resolution No. 2019- 149, amending the Operating Budget for Fiscal Years 201920 and 2020/21 (Vote: 5-0).
On May 14, 2019, received and filed the Fiscal Year 2018/19 Third Quarter Financial Report; adopted City Council Resolution No. 2019-59, amending the Operating Budget for Fiscal Year 2018/19, and amending the Capital Budget for Fiscal Years 2018/19 and 2019/20 (Vote: 5-0).
On March 12, 2019, received and filed the Fiscal Year 2018/2019 Second Quarter Financial Report; adopted City Council Resolution No. 2019-31, amending the Operating Budget for Fiscal Year 2018/19 and amending the Capital Project Budget for Fiscal Years 2018/19 and 2019/20 (Vote: 5-0).
On November 27, 2018, received and filed the Fiscal Year 2018/2019 First Quarter Financial Report; adopted City Council Resolution No. 2018- 181, amending the Operating Budget for Fiscal Year 2018/19 and amending the Capital Project Budget for Fiscal Years 2018/19 and 2019/20 and adopted Buena Sanitation District Resolution No. 2018- 23, amending the Capital Project Budget for Fiscal Years 2018/19 and 2019/20 (Vote: 5-0).
On November 13, 2018, received and filed the Fiscal Year 2017/18 Fourth Quarter Financial Report; adopted City Council Resolution No. 2018-174, amending the Operating Budget for the 2018/19 Fiscal Year and Capital Project Budget for the 2018/19 and 2019/20 Fiscal years; and adopted City Council Resolution No. 2018- 175, amending City Council Policy 200-1 9, Use of Year End Fund Balance (Vote: 5-0)
On May 8, 2018, received and filed the Fiscal Year 2017/18 Third Quarter Financial Report; adopted City Council Resolution No. 2018-65, amending the Operating and Capital Budgets for the 2017/18 Fiscal Year; and adopted City Council Resolution No. 2018-66, amending the City- Wide Classification and Compensation Index, and Repealing the Provisions of any Resolutions in Conflict Herewith (Vote: 5-0).
On February 27, 2018, received and filed the Fiscal Year 2017/18 Second Quarter Financial Report; adopted City Council Resolution No. 2018- 23, amending the Operating and Capital Improvement Program Budgets for the 2017/18 Fiscal Year; adopted Buena Sanitat ion District Resolution No. 2018 -5, amending the Operating Budget for the 2017/18 Fiscal Year; and adopted City Council Resolution No. 2018- 24, amending the City -Wide Classification and Compensation Index, and Repealing the Provisions of any Resolutions in Conflict Herewith (Vote: 4-0, Rigby absent).
On November 14, 2017, received and filed the Fiscal Year 2017/18 First Quarter Financial Report; adopted City Council Resolution No. 2017- 154, amending the Operating and Capital Project Budgets for the 2017/18 Fiscal Year; adopted Community Development Com mission Resolution No. 2017 -3, amending the Operating Budget for the 2017/18 Fiscal Year; and adopted City Council Resolution No. 2017 -155, amending the City -Wide Classification and Compensation Index, and Repealing the Provisions of any Resolutions in Conflict Herewith (Vote: 5-0).
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On June 27, 2017, adopted City Council Resolution No. 2017 -101, approving the Five- Year Capital Improvement Program and Fiscal Year 2017/18 Capital Project Budget and Authorizing Appropriations for Fiscal Year 2017/18 Capital Projects (Vote: 4-0, Rigby absent).
On June 13, 2017,adopted City Council Resolution No. 2017- 95, Buena Sanitation District Resolution No. 2017 -5, and Community Development Commission Resolution No. 2017 -1, approving the Annual Operating Budget for Fiscal Year 2017/18 (Vote: 5-0). 11/12/2025
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