Loading...
CC – 2025-33 – Adopting the City’s Capital Improvement Program (CIP) Budget for the 2025-26 FYRESOLUTION NO. 2025-33 RESOLUTION OF THE COUNCIL OF THE CITY OF ROSEMEAD ADOPTING THE CITY'S CAPITAL IMPROVEMENT PROGRAM (CIP) BUDGET FOR THE 2025-26 FISCAL YEAR WHEREAS, appropriations are the legal authority for a City to spend its funds; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ROSEMEAD, DOES HEREBY RESOLVE, DECLARE, DETERMINE, AND ORDER AS FOLLOWS: Section 1. The proposed FY 2025-26 Capital Improvement Program budget for the City of gnead is hereby approved and adopted in the amount of $7,153,200. Section 2.' -Any changes to project budgets, including funding sources, within the CIP must tie aiithori zed by_City Council resolution. Section 3. Project balances remaining at June 30, 2025 for confirmed projects will be carried fofward to FY 2025-26. The Finance Director is authorized to bring forward appropriate balances to be reaffirmed by City Council resolution with the first quarter report. Section 4. That any subsequent Council action prior to June 30, 2025 that has the effect of amending the approved FY 2025-26 Capital Improvement Program Budget will be reflected in the final FY 2025-26 budget document without additional or separate Council action. Section 5. The City Clerk shall certify to the adoption of this resolution and hereafter the same shall be in full force and effect. PASSED, APPROVED, AND ADOPTED this 10th day of June, 2025. APPROVED AS TO FORM: Rachel Richman, City Attorney Miu1g eet glark, Mayo ATTEST: Ericka Hernandez, City STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) § CITY OF ROSEMEAD ) I, Ericka Hernandez, City Clerk of the City Council of the City of Rosemead, California, do hereby certify that the foregoing City Council Resolution No. 2025-33 was duly adopted by the City Council of the City of Rosemead, California, at a regular meeting thereof held on the I Oth day of June, 2025, by the following vote, to wit: AYES: ARMENTA, CLARK, DANG, LOW l►["ffe)ffzl ABSENT: LY ABSTAIN: NONE Ericka Hernandez, City Clerk