Loading...
R115931 City Council Meeting: June 25, 2024 RESOLUTION NUMBER 11593 (City Counsel Series) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA MONICA ADOPTING ITS BUDGET FOR THE FISCAL YEAR 2024-25 AND APPROVING ITS CAPITAL IMPROVEMENT PROGRAM BUDGET FOR FISCAL YEAR 2025-26 WHEREAS, the proposed Operating Budget for the Fiscal Year 2024-25, and the proposed Biennial Capital Improvement Program Budget for Fiscal Years 2024-25 and 2025-26 were submitted to the City Council of the City of Santa Monica (the “City Council”) not less than thirty-five (35) days prior to July 1, 2024; and WHEREAS, the City Council held a public hearing on said Budget after a notice of the budget hearing was published not less than ten (10) days prior thereto; and WHEREAS, after the public hearing, the City Council considered further its proposed Budget. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA MONICA RESOLVES AS FOLLOWS: SECTION 1. The Fiscal Year (FY) 2024-25 Operating Budget, as submitted by the City Manager and revised by the City Council, included as the document entitled “City of Santa Monica FY 2024-25 Proposed Budget” (the “FY 2024-25 Budget”), as amended by Attachment D, is hereby adopted. The FY 2024-25 Capital Improvement Program Budget, as submitted by the City Manager and revised by the City Council, included in the document entitled “FY 2024-26 Capital Improvement Program Proposed Biennial Budget” (the “FY 2024-26 CIP Budget”), as amended by Attachment D, is hereby adopted. The FY 2025-26 Capital Improvement Program Budget, as submitted by the City Santa Monica, California (CCS) DocuSign Envelope ID: 758348AF-C937-42BA-955A-4652FD08F38F 2 Manager and revised by the City Council, included in the FY 2024-26 CIP Budget, as amended by Attachment D, is hereby approved. In adopting the FY 2024-25 Operating Budget and FY 2024-25 Capital Improvement Program Budget, the City Council intends to, and by this Section does, adopt and approve the total operating appropriation for each departmental and non-departmental operating budget, consisting of Salaries and Wages, Supplies and Expenses major expenditure categories, each project of the Capital Improvement Program Budget, and the revenue detail. The City Manager is authorized to allot by Department and fund as appropriated. A list of the changes to the proposed Operating Budget for FY 2024-25, and proposed Biennial Capital Improvement Program Budget for FY 2024-25 and FY 2025-26 are attached hereto as Attachment D. SECTION 2. In adopting the FY 2024-25 Operating Budget, the City Council hereby re-appropriates the General Fund and all other Non-General Fund unexpended encumbrances of the FY 2023-24 Budget. In adopting the FY 2024-25 Capital Improvement Program Budget, the City Council hereby re-appropriates the General Fund and all other Non-General Fund unencumbered balances and unexpended encumbrances of the FY 2023-24 Capital Improvement Program Budget. SECTION 3. In adopting the FY 2024-25 Budget, the City Council hereby re-appropriates year-end remaining funds for multi-year operating grants and donations dedicated to programs, including federal recovery funding, and funds for the encumbrances of goods and services ordered in FY 2023-24 but not received or provided until FY 2024-25 for the City’s General Fund and proprietary funds (enterprise and internal service). DocuSign Envelope ID: 758348AF-C937-42BA-955A-4652FD08F38F 3 SECTION 4. In adopting the FY 2024-25 Budget, the City Council hereby re-appropriates Measure CS and Council discretionary unencumbered balances and unexpended encumbrances of the FY 2023-24 Budget for the City’s General Fund. SECTION 5. In adopting the FY 2024-25 Budget, the City Council reaffirms the Operating Budget Policies set forth in the City’s fiscal policies included in the FY 2023-25 Budget. SECTION 6. The budgets of the Housing Authority and the Parking Authority have been reviewed by the City Council and are hereby approved and adopted. SECTION 7. A copy of the Los Angeles County Third Supervisorial District Consolidated Oversight Board resolution approving the Successor Agency’s Administrative Budget for FY 2024-25, as adopted in January 2024, is attached hereto as Exhibit 1. SECTION 8. A certified copy of the FY 2024-25 Budget and amendments shall be filed with the Director of Finance and with the City Clerk, and certified copies of the FY 2024-25 Budget shall be reproduced and made available for use as directed by Santa Monica City Charter section 1505. SECTION 9. The City Clerk shall certify to the adoption of this Resolution, and thenceforth and thereafter the same shall be in full force and effect. APPROVED AS TO FORM: _______________________ DOUGLAS T. SLOAN City Attorney Exhibit 1 Successor Agency Budget for Fiscal Year 2024-25 DocuSign Envelope ID: 758348AF-C937-42BA-955A-4652FD08F38F Exhibit 1 DocuSign Envelope ID: 758348AF-C937-42BA-955A-4652FD08F38F Exhibit 1 DocuSign Envelope ID: 758348AF-C937-42BA-955A-4652FD08F38F Exhibit 1 DocuSign Envelope ID: 758348AF-C937-42BA-955A-4652FD08F38F SECTION 4. The Secretary of the Chair of the Third District Consolidated Oversight Board shall certify the adoption of this Resolution and thenceforth and thereafter the same shall be in full force and effect. PASSED, APPROVED AND ADOPTED this 9th day of January, 2024, by the following vote: Ayes: J. Gordon; C. Houwen; S. Koffroth; R. Moran;T. Rosnik; P. Silvern Noes: None Abstain: None Absent: J. Erickson ATTEST: --·' Martha 1Wcfria, D puty Clerk Third Supervisorial District Consolidated Oversight Board Exhibit 1: Successor Agency Administrative Budget Third Supervisorial District Consolidated Oversight Board Exhibit 1 DocuSign Envelope ID: 758348AF-C937-42BA-955A-4652FD08F38F Exhibit 1 DocuSign Envelope ID: 758348AF-C937-42BA-955A-4652FD08F38F Exhibit 1 DocuSign Envelope ID: 758348AF-C937-42BA-955A-4652FD08F38F Adopted and approved this 25th day of June, 2024. __________________________ Phil Brock, Mayor I, Nikima S. Newsome, Interim City Clerk of the City of Santa Monica, do hereby certify that Resolution No. 11593 (CCS) was duly adopted at a meeting of the Santa Monica City Council held on the 25th day of June, 2024, by the following vote: AYES: Councilmembers Parra, Torosis, de la Torre, Mayor Pro Tem Negrete, Mayor Brock NOES: Councilmembers Zwick, Davis ABSENT: None ATTEST: _____________________________________ Nikima S. Newsome, Interim City Clerk DocuSign Envelope ID: 758348AF-C937-42BA-955A-4652FD08F38F