Town of Yountville
Staff Report
6550 Yount Street
Yountville, CA 94599
Agenda Item #: 11A
Yountville Town Council Staff Report
DATE: October 7, 2025
TO: Mayor and Town Council
FROM: Celia King, Administrative Service Director and Kyle Batista, Financial Analyst PREPARED BY: Kyle Batista, Financial Analyst
RECOMMENDATION
Adopt Resolution Number 25-4392 approving a budget adjustment of $601,204 in Fiscal Year 2025/2026 to Capital Projects Fund 50 for Yountville Commons Project CF-0046.
DISCUSSION/BACKGROUND
The purpose of this staff report is to present historical budget and expenditure information for the Yountville Commons project as well as request a budget adjustment of $601,204 in Fiscal Year 2025/2026 to Capital Projects Fund 50 specifically for the Yountville Commons Project CF-0046. This amount was budgeted but not spent in the prior fiscal year and is now in Fund 50 available fund balance. Staff recommend reassigning this amount to the CF-0046 project budget in Fiscal Year 2025/2026.
Yountville Commons Project History
At the March 5, 2024, Town Council meeting, the Town Council adopted Resolution Number 24-4252 approving the purchase of the former Yountville Elementary site located at 6554 Yount Street. Since acquisition of the property, staff have worked diligently to closely track the expenditures associated with the Yountville Commons.
This effort includes collaboration among the Finance Department, Public Works Department, Parks & Recreation Department, and outsourced consultants.
Yountville Commons project expenditures have been funded from the Town’s Capital Projects Fund 50 and Measure S Fund 71. A summary of the project’s initial Fiscal Year 2023/2024 budget and expenditures is as follows:
* The $11,500,000 Fund 50 CF-0046 budget adjustment was processed via Resolution No. 24-4252 approved at the March 5, 2024, Council Meeting. This budget adjustment was split $11,000,000 for property acquisition and $500,000 for initial property clean-up.
FY23/24 Original
Budget
Approved Budget
Adjustments* Adjusted Budget Actual Spent
Budget Available
for Next Year
Fund 50 - CF-0046 - 11,500,000 11,500,000 11,437,670 62,330 Fund 71 Contract Services 45,000 - 45,000 7,323 37,677
45,000 11,500,000 11,545,000 11,444,993 100,007
Fiscal Year 2023/24
In Fiscal Year 2024/2025, the project focus shifted from purchase and initial property clean-up to interim use and long-term planning. A summary of the Fiscal Year 2024/2025 budget and expenditures is as follows:
* The $1,562,326 Fund 50 CF-0046 budget adjustment was made up of the following:
• $500,000 approved via Resolution No. 24-4293 at the July 16, 2024, Council Meeting • $62,326 from an approved budget adjustment via Resolution No. 24-4323 at the December 3, 2024, Council Meeting ($61,200) and a purchase order which rolled forward from FY23/24 ($1,126) • $1,000,000 budget approved via Resolution No. 24-4325 at the December 3, 2024, Council Meeting * The $137,677 Measure S Fund 71 budget adjustment was made up of the following:
• $37,677 purchase order which rolled forward from FY23/24 • $100,000 budget transfer from a Measure S Fund 71 operating expenditure account into the Measure S Fund 71 capital expenditure account.
** As of June 30, 2025, the Fund 71 portion of the Yountville Commons project had $79,572 of available budget.
This entire $79,572 amount rolled forward into current Fiscal Year 2025/2026 via purchase order rollovers. ** As of June 30, 2025, the Fund 50 portion of the Yountville Commons project had $884,161 of available budget.
Of this amount, $282,957 was rolled forward into current Fiscal Year 2025/2026 via purchase order rollovers.
The purpose of this staff report is to request the remaining $601,204 to be reassigned to the project in the current Fiscal Year 2025/2026.
Staff recommend Town Council approval of a $601,204 budget adjustment to Fund 50 Yountville Commons Project CF-0046. Approval of this budget adjustment would result in a Fiscal Year 2025/2026 Fund 50 Yountville Commons CF-0046 budget of $984,161 made up of an originally adopted budget of $100,000, purchase order rollover budget adjustment of $282,957, and this budget adjustment request of $601,204. See the summary table below.
See the table below for a summary of total budget and expenditures for the Yountville Commons project since inception:
FY25/26 Original
Budget
Budget
Adjustments* Adjusted Budget Actual Spent Budget Available Fund 50 - CF-0046 100,000 884,161 984,161 205,084 779,080 Fund 71 - MS-0046 1,000,000 79,572 1,079,572 154,497 925,075 1,100,000 963,733 2,063,733 359,581 1,704,155
Fiscal Year 2025/26
Budget Total Spent Budget Available
Fund 50 CF-0046 13,600,000 12,820,919 779,081
Fund 71 MS-0046 1,345,000 419,925 925,075
Totals 14,945,000 13,240,845 1,704,155
Yountville Commons Project Since Inception
See the table below for a summary of all expenditures to date for the Yountville Commons project since inception organized by category:
ENVIRONMENTAL REVIEW
Exempt per California Environmental Act (CEQA) Guideline, Section 15061(b)(3).
FISCAL IMPACT
Is there a Fiscal Impact? Yes
Is it Currently Budgeted? No
Where is it Budgeted? N/A
Is it Mandatory or Discretionary? Discretionary
Is there a Staff Resource Impact? Nominal
STRATEGIC PLAN GOAL
Is item Identified in Strategic Plan? Yes
If yes, Identify Strategic Goal and Objective. Responsible Fiscal Policy: The Town maintains its fiscal health through policies designed to maximize economic opportunities, manage expenses, and ensure prudent reserves.
ATTACHMENTS
1. Resolution No 25-4392
2. Prior Resolutions
Category Total Expense
Acquisition 11,002,100
Initial Cleanup/Prep 497,017
Interim Use 780,963
Planning & Project Mgmt 960,764
Grand Total 13,240,845
Yountville Commons Expenses Since Inception