HomeMy WebLinkAboutRES 2026-15RESOLUTION NO. 2026-15
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
BAR, COUNTY OF LOS ANGELES, STATE OF
APPROVING AND ADOPTING THE CITY OPERATING
CAPITAL IMPROVEMENT PROGRAM FOR THE CITY
BAR FOR THE FISCAL YEAR COMMENCING JULY
OF DIAMOND
CALIFORNIA,
BUDGET AND
ENDING JUNE 309 2027 AND APPROPRIATING FUNDS
TO MEET THE EXPENDITURES SET FORTH THEREIN.
OF DIAMOND
1, 2026 AND
NECESSARY
WHEREAS, the City Manager has submitted for the consideration of the City
Council a proposed City Operating Budget and City Capital Improvement Program for FY
2026/27; and
WHEREAS, the proposed Operating Budget and City Capital Improvement
Program for FY 2026/27 was reviewed and considered in two City Council public budget
study sessions and in a public regular City Council meeting; and
WHEREAS, the Planning Commission of the City of Diamond Bar has publicly
reviewed the proposed Capital Improvement Program for FY 2026/27 and found it to be
in conformity with the City's General Plan as required by California Government Code
Section 65401; and
WHEREAS, Section 4.1 of City Council Policy 2019-01, Fund Balance and
Reserve Policy, establishes a Contingency Reserve Fund to adequately provide for
economic uncertainties, local emergencies or disasters, and other financial hardships or
downturns in the local or national economy. Based on this Policy, the City Council has
committed to maintain a Contingency Reserve Fund Balance of no less than 25% of the
General Fund expenditures, including operating transfers which equates to $8,541,289;
and
WHEREAS, copies of the City Operating Budget and Capital Improvement
Program for FY 2026/27 are on file in the office of the City Clerk labeled "City of Diamond
Bar FY 2026/27 Budget" and said Budget is made a part of this Resolution and
incorporated herein by reference.
NOW, THEREFORE, the City Council of the City of Diamond Bar does hereby
resolve as follows:
Section 1. The City Council has reviewed the proposed Operating Budget and
Capital Improvement Program and the funds included therein for the fiscal year (FY)
commencing July 1, 2026 through June 30, 2027 and hereby finds that such budgets, as
revised, are sound plans for the financing during FY 2026/27 of required City operations,
services and capital improvements. Such budgets are adopted and appropriated as
follows:
Resolution No. 2026-15
FY 2026/27 Programs
FY 2026/27 Budget
General Fund
$34,165,154
Special Funds
327,000
Special Revenue Funds
81192,498
Debt Service
726,000
Internal Service
1,165,307
Subtotal — Operating Budget
$44,575,959
Capital Improvement Program
5,365,734
Total FY 2026/27 Budget
$49,941,693
Section 2. The City Manager is hereby authorized to transfer funds
appropriated hereby or by supplemental appropriation as follows: with respect to
departments, the City Manager may transfer amounts between and within departments,
but only within a fund.
Section 3. Encumbrances for all funds at the end of FY 2025/26 may be re -
appropriated for continued use in FY 2026/27 as deemed necessary by the City Manager.
Section 4. Unspent grants appropriations remaining at the end of FY 2025/26
may be re -appropriated for continued use in FY 2026/27 as deemed necessary by the
City Manager.
Section 5. Capital Improvement Project appropriations, and their associated
funding sources, which remain unspent at the end of FY 2025/26 may be reappropriated
for continued use in FY 2026/27 as deemed necessary by the City Manager.
Section 6. The City Clerk shall attest and certify to the passage and adoption of
this Resolution and enter it into the book of original resolutions, and it shall become
effective immediately upon its approval.
PASSED, APPROVED AND ADOPTED this 2nd day of June, 2026.
CITY OF DIAMOND BAR
Resolution No. 2026-15
I, Kristina Santana, City Clerk of the City of Diamond Bar, do hereby certify that the
foregoing Resolution was passed, approved and adopted at a regular meeting of the City
Council of the City of Diamond Bar held on the 2nd day of June, 2026, by the following
vote:
AYES:
NOES:
ABSENT:
ABSTAINED
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
COUNCIL MEMBERS:
Chou, Liu, Teng, MPT/Low, M/Tye
None
None
None /ice
Kristina Santana, City Clerk
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