Title
Fiscal Year 2025-26 Midyear Budget Status Report and Adjustments, Fiscal Year 2026-27 Preliminary General Operating Fund Forecast, and Fiscal Years 2025-27 Council Work Plan: 6-Month Project Update
Recommended Action
1. Receive and file the Fiscal Year 2025-26 Midyear Budget Status Report, the Six-Month Status of the Fiscal Year 2025-26 Performance Measures (Attachment 1 to the Council report), and the Fiscal Year 2026-27 Preliminary General Operating Fund Forecast.
2. A Resolution of the City Council of the City of Mountain View: (1) Amending the Fiscal Year 2025-26 Adopted Budget to Reduce Revenue Appropriations by $2,177,370 in the General Operating Fund, Increase Revenue Appropriations by $2,000,000 in the Capital Improvement Reserve, Increase Revenue Appropriations by $1,000,000 in the Strategic Property Reserve, Increase Revenue Appropriations by $1,000,000 in the Parental Leave Reserve; (2) Appropriate $2,000,000 in the City Attorney’s Office, Liability Self Insurance Fund for Litigation Cases, Appropriate $2,000,000 in the General Operating Fund for a Transfer to the Capital Improvement Reserve, Appropriate $1,800,000 in the Public Works Department, Wastewater Fund for Wastewater Treatment Costs, Appropriate $1,000,000 in the General Operating Fund for a Transfer to the Strategic Property Acquisition Reserve, Appropriate $1,000,000 in the General Operating Fund for a Transfer to the Parental Leave Reserve , Appropriate $300,000 in the General Fund Parental Leave Reserve for the Parental Leave Program, Appropriate $185,000 in the City Manager’s Office, General Non-Operating Fund for Revenue Measure Consulting Services, Pilot Funding for Local Organization, and Homeless Prevention Program, Appropriate $150,000 in the Finance and Administrative Services Department, General Non-Operating Fund for Revenue Measure Consulting Services and Transient Occupancy Tax Audit, Appropriate $148,300 in the Community Services Department, General Non-Operating Fund...
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