PREPARED BY: ARTURO CASTILLO DATE OF MEETING: 01/20/2026
SUBJECT:
TITLE
CONSIDER ADOPTING RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN PABLO APPROVING AMENDMENT NO. 1 TO THE GENERAL FUND DESIGNATED RESERVES (GFDR) FUND BALANCE FOR A TOTAL FUND BALANCE OF $6,836,566 FOR FY 2025-26 TO CITY COUNCIL APPROVED APPROPRIATIONS THROUGH JUNE 30, 2026, EFFECTIVE JANUARY 20, 2026
CEQA: This proposed action is not a project as defined by CEQA.
Label
CITY MANAGER RECOMMENDATION
Recommendation
Adopt Resolution
Body
Council Priority Workplan Compliance Statement:
Continue Fiscal Resilience, Fiscal Excellence and Fiscal Transparency is an adopted City Council Priority contained in the adopted Fiscal Year 2025-2027 City Council Priority Workplan, effective April 7, 2025.
BACKGROUND
On May 20, 2024, the City Council approved a one-time budget balancing measure of $5,000,000 for the FY 2024-25 and FY 2025-26 Two-Year GF Operating Budget Adoption via Resolution 2024-064, which included the following GDFR allocations and adjusted balance, as follows:
1. GFDR allocation in the amount of $1,961,291 for FY 2024-25 One-time Budget Balancing Measure
2. GFDR allocation in the amount of $3,038,709 for FY 2025-26 One-time Budget Balancing Measure
__________________________________________________________________
Total GFDR Allocation for One-Time Budget Balancing for FY 24-25 & 25-26: $5,000,000
On July 7, 2025, the City Council approved FY 2024-25 GFDR Fund 110 Amendment No. 4, following the approval of the REVISED Fiscal Resiliency Reserve Policy (FRRP) methodology allocations on March 3, 2025, via Resolution 25-033. The new GFDR Fund 110 fund balance of $6,618,133 per Resolution 25-095 is detailed in the table below for FY 2024-25 ending June 30, 2025:
DESCRIPTION
FY2024-25
Proposed
Amendment # 4
FY 23-24 GFDR Carryover Fund Balance (See Details Below)
$ 5,171,279
FY 2024-25 One-time Budget Balancing Measure (Reso No. #2024-064)
$ ...
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