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HomeMy WebLinkAboutR 2026-044RESOLUTION NO. 2026-044 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING THE FISCAL YEAR 2026-27 MID-CYCLE BUDGET AND MAKING APPROPRIATIONS FOR THE AMOUNT BUDGETED WHEREAS, a proposed Budget for the City of Arroyo Grande for the Fiscal Year commencing July 1, 2026, and ending June 30, 2027, was submitted to the City Council and is on file with the Director of Administrative Services; and WHEREAS, the City Council also serves as the Board of Directors of the Successor Agency to the Dissolved Arroyo Grande Redevelopment Agency; and WHEREAS, proceedings for adoption of said Budget have been duly taken; and WHEREAS, total Operating Expenditures for FY 2026-27 are $55,022,239. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Budget is adopted for the City of Arroyo Grande for Fiscal Year commencing July 1, 2026, and ending June 30, 2027. The FY 2026-27 Mid-Cycle Budget Book is on file with the Director of Administrative Services and is posted on the City’s website. SECTION 2. At the close of each Fiscal Year, unexpended appropriations in the Operating Budget will be carried forward to the next fiscal year as necessary to underwrite the expense of outstanding purchase commitments. Unexpended appropriations for authorized but uncompleted projects as approved by the City Council may be carried forward to the next succeeding Budget upon recommendation by the Administrative Services Director and approval of the City Manager. On motion of Council Member Maraviglia, seconded by Council Member Loe, and on the following roll call vote, to wit: AYES: Council Members Maraviglia, Loe, Secrest, Guthrie, and Mayor Ray Russom NOES: None ABSENT: None the foregoing Resolution was passed and adopted this 9th day of June, 2026. CAREN RAY RUSSOM, MAYOR ATTEST: JESSICA MATSON, CITY CLERK APPROVED AS TO CONTENT: MATTHEW DOWNING, CITY MANAGER APPROVED AS TO FORM: ISAAC ROSEN, CITY ATTORNEY RESOLUTION NO. 2026-044 PAGE 2 OFFICIAL CERTIFICATION I, JESSICA MATSON, City Clerk of the City of Arroyo Grande, County of San Luis Obispo, State of California, do hereby certify under penalty of perjury, that the attached Resolution No. 2026-044 was passed and adopted at a regular meeting of the City Council of the City of Arroyo Grande on the 9th day of June, 2026. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 11th day of June, 2026. JESSICA MATSON, CITY CLERK