Title
Fiscal Year 2024-25 Midyear Budget Status Report and Adjustments, and Fiscal Year 2025-26 Preliminary General Operating Fund Forecast
Recommended Action
1. Receive and file the Fiscal Year 2024-25 Midyear Budget Status Report, the six-month status of the Fiscal Year 2024-25 Performance Measures (Attachment 1 to the Council report), and the Fiscal Year 2025-26 Preliminary General Operating Fund Forecast.
2. Adopt a Resolution of the City Council of the City of Mountain View Amending the Fiscal Year 2024-25 Adopted Budget to: (1) Reduce Revenue Appropriations by $166,300 in the General Operating Fund; (2) Appropriate $210,000 in the General Fund Parental Leave Reserve for the Parental Leave Program, Appropriate $200,000 in the Public Works Department, Solid Waste Landfill 544 Acres Fund for Landfill Operating Costs, Appropriate $100,000 in the City Manager’s Office, General Non-Operating Fund for the Community for All Grant Program, $32,400 in the Community Services Department, General Non-Operating Fund for the Annual Pride Event, Appropriate $15,200 in the City Council’s Budget, General Non-Operating Fund for New Council Members’ Per Term Allowances; (3) Transfer and Appropriate $1,495,849 from the Park Land Dedication Fund to CIP 25-38, Eagle Park Pool Improvements, Transfer and Appropriate $45,000 from the General Fund Transportation Reserve to CIP 23-31, Street Reconstruction (Miramonte Avenue), Transfer and Appropriate $25,000 of Water Fund Appropriations from CIP 24-06, Water and Recycled Water System Improvement to CIP 23-42, Miramonte Reservoir Fence Replacement Project by $25,000 (Net Zero Impact); and (4) Increase Appropriations by $260,000 in the Community Development Department's General Operating Fund, Decrease Appropriations by $272,000 in the Community Development Department’s Development Services Fund, and Approve the Reallocation of Positions in the Community Development Department from the Development Services Fund to the General Operating Fund, for Project and Program Expenditures, to be read in title only, further reading waived (Attachment 2 to the Council report). (Five votes required)
3. Adopt a Resolution of the Board of Directors of the Shoreline Regional Park Community Amending the Fiscal Year 2024-25 Adopted Budget to: (1) Reduce Revenue Appropriations by $1,098,200 in the Shoreline Regional Park Community Fund; (2) Transfer and Appropriate $5,000 of Shoreline Regional Park Community Fund Appropriations from CIP 24-24, NBS Semi-Annual Traffic Counts to CIP 25-24, NBS Semi-Annual Traffic Counts by $5,000 (Net Zero Impact); and (3) Increase Appropriations by $12,000 in the Community Development Department's Shoreline Regional Park Community Fund and Approve the Reallocation of Positions in the Community Development Department from the Development Services Fund to the Shoreline Regional Park Community Fund, for Project and Program Expenditures, to be read in title only, further reading waived (Attachment 3 to the Council report).
4. Approve/repurpose of $43,475 in Unspent Limited-Period Funding in the Police Department, General Nonoperating Fund to purchase protective equipment.