HomeMy WebLinkAboutCity Council Resolution 25-034, Budget Adoption 2025-26 RESOLUTION NO. 25-034
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
ADOPTING THE FISCAL YEAR 2025-26 BUDGET
BEGINNING JULY 1, 2025
WHEREAS, Section 2-20.050(h) of the Code of the City of Saratoga requires the City
Manager to prepare and submit the proposed annual budget to the City Council for its approval;
and
WHEREAS, the Planning Commission conducted an annual review of proposed new
capital projects at their May 14, 2025, meeting and determined that the proposed Capital
Improvement Program is consistent with the City's General Plan; and
WHEREAS, a proposed budget was submitted to the City Council at a public hearing held
on May 21, 2025; and
WHEREAS,the City Council reviewed and considered the 2025-26 proposed budget and
provided consensus direction for no changes to the proposed budget during the public hearing;
NOW,THEREFORE BE IT RESOLVED,that the City Council of the City of Saratoga hereby:
1. Finds that the projects included in the Capital Improvement Program will not have an
adverse impact on the environment and are categorically exempt from the California
Environmental Quality Act(CEQA). These projects involve maintenance,repair,or minor
alterations or additions to existing facilities (§15301 - Class 1), replacement or
reconstruction of existing structures or facilities(§15302-Class 2),new structures of small
size and are identified by CEQA as not having a significant effect on the environment
(§15303 - Class 3), minor alterations to land(§15304 - Class 4), and information gathering
purposes (§15306 - Class 6); and
2. Adopts budget appropriations for Fiscal Year 2025-26 as summarized in Exhibit A; and
3. Authorizes City staff to produce the final adopted budget document to reflect City Council
approval of Fiscal Year 2025-26 appropriations, including carry-forward appropriations,
and any immaterial adjustments, refinements, corrections, and revisions necessary to non-
financial information.
Resolution No. 25-034
Page 2
The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga
City Council held on the 18th day of June, 2025 by the following vote:
AYES: COUNCIL MEMBERS FITZSIMMONS, WALIA, ZHAO, VICE MAYOR
PAGE, MAYOR AFTAB
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
Belal Y. XJtab, r
ATTEST:
Britt Avrit, MMC, City Clerk
Resolution No. 25-034
Page 3
Exhibit A
July 1,2025 2025-26 Budget Funds Summary
Est. June 30,2026
Beginning Transfers Est. Ending
Fund • • (Out) Balances
General Fund $19,223,465 $32,555,809 ($32,487,340) ($3,600,000) $15,691,934
Special Revenue Funds
L&L ALPR Districts 2,941 106,817 (106,419) 3,340
Landscape&Lighting Districts (L&L) 167,314 244,362 (317,014) 94,662
Landscape Districts 617,925 363,770 (584,705) 396,989
Lighting Districts 26,458 7,698 (10,789) 23,367
Storm Drain Districts 129,803 7,605 (26,320) 111,087
Special Revenue Funds Total 944,441 730,253 (1,045,247) 629,446
Debt Service Funds
Community Facility District Bonds (1,333,641) 108,000 (117,530) (1,343,171)
General Obligation Bonds 719,459 800,000 (842,273) 677,186
Debt Service Funds Total (614,182) 908,000 (959,803) (665,985)
Capital Improvement Funds
Streets Capital 5,427,825 3,625,000 (5,910,000) 2,785,000 5,927,825
Parks Capital 3,505,944 3,419,100 (4,259,100) 555,000 3,220,944
Admin&Technology Capital 2,004,110 1,375,000 (1,985,000) 110,000 1,504,110
Facilities Capital 444,323 125,000 (275,000) 150,000 444,323
ARPA/SLFRF Capital 4,000,000 0
Capital Improvement Funds Total 15,382,201 8,544,100 (12,429,100) 3,600,000 11,097,201
Internal Service Funds
Buildings&Facilities 1,933,016 1,440,000 (1,519,807) 1,853,210
Information Technology 942,966 846,000 (1,369,086) 419,880
Liability&Workers'Comp 1,043,389 2,408,000 (2,038,185) 1,413,204
Vehicles&Equipment 1,350,617 550,000 (854,141) 1,046,476
Internal Service Funds Total 5,269,988 5,244,000 (5,781,220) 4,732,769