PREPARED BY: MATT RODRIGUEZ DATE OF MEETING: 01/26/2026
SUBJECT:
TITLE
CONSIDER ADOPTING A RESOLUTION TO PROCEED WITH AMENDMENT NO. #1 TO THE FY 2025-27 CITY COUNCIL PRIORITY WORKPLAN, UNDER MAJOR POLICY AREA: FOCUS ON ECONOMIC DEVELOPMENT AND FISCAL DIVERSIFICATION TO ADD: POLICY No. 417 - POLICY IMPLEMENTATION OF AN ENHANCED INFRASTRUCTURE FINANCING DISTRICT (EIFD) FORMATION AND DEVELOPMENT, AND APPROPRIATE A TOTAL OF $79,000 IN ONE-TIME FUNDING FROM FY 2025-26 GFDR FUND BALANCE (FUND 110) FOR POLICY IMPLEMENTATION
CEQA: This proposed action is not a project as defined by CEQA.
Label
CITY MANAGER RECOMMENDATION
Recommendation
Adopt Resolution
Body
Compliance statements
FY 2023-25 Council Priority Workplan Compliance Statement
Under Major Policy Goal: Focus on Economic Development and Fiscal Diversification , the City Council would consider adding an amendment to the FY 2025-27 City Council Priority Workplan, effective April 7, 2025.
CEQA Compliance Statement
This proposed action is not a project under CEQA; although, particular projects in the Workplan may be subject to CEQA and require additional review in the future.
BACKGROUND
Following the City's Long Range Financial Forecast presented in December 2023, the City Manager has been seeking creative solutions to enhance fiscal and revenue capacity for the City's' General Fund Operating Budget and to assist in mitigating declining Casino contract revenue to City which has totaled nearly ($2.4M) since FY 2022-23 through FY 2024-25.
Strategic Budget Initiatives Adopted
On December 13, 2023, the City Council authorized a total of eight (8) Strategic Budget Initiatives proposed by the City Manager which were adopted for implementation via Resolution 2023-067. These Strategic Budget Initiatives were implemented in the development and eventual adoption of the City's current Adopted Two-Year (Biennial) GF Operating Budget in May 2024, effective July 1, 2024.
Two (2) specific Strateg...
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