HomeMy WebLinkAboutResolution No. SA-01 - FY 2026-2027 SA Budget AdoptResolution No. SA 26-01
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STATE OF CALIFORNIA ) RESOLUTION NO. SA 26-01
COUNTY OF RIVERSIDE ) ss
CITY OF SAN JACINTO )
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
REDEVELOPMENT AGENCY OF THE CITY OF SAN
JACINTO, CALIFORNIA, ADOPTING THE BUDGET FOR
FISCAL YEAR 2026-2027
WHEREAS, the Successor Agency to the Redevelopment Agency of the City of
San Jacinto wishes to adopt a budget for the subsequent fiscal year for estimated
revenues and estimated expenditures; and
WHEREAS, Staff has presented an operating and capital budget containing the
Funds necessary to meet the needs of winding down the activities of the Redevelopment
Agency of the City of San Jacinto; and
WHEREAS, the Board has thoroughly examined and analyzed the proposed
budget in order to meet the needs of winding the activities of the Redevelopment Agency
of the City of San Jacinto; and
WHEREAS, the Successor Agency to the Redevelopment Agency of the City of
San Jacinto operates on a fiscal year beginning July 1st of each year;
NOW, THEREFORE, BE IT RESOLVED, determined, and ordered by the Board
of the Successor Agency to the Redevelopment Agency of the City of San Jacinto (SA)
as follows:
SECTION 1. The budget for Fiscal Year 2026-2027, a copy of which is on file in
the City Clerk’s office, is hereby adopted with projected beginning (combined) SA fund
balances of $480,012, total expenditures of $614,351, including total capital expenditures
of $0, to be funded by revenues of $561,755. (Reference “Exhibit A”)
SECTION 2. City Manager is hereby authorized to make budget adjustments to
the adopted budget to reallocate appropriations between departmental activities and
between SA Funds. Only the Agency Board, by motion and affirmative majority vote, by
minute action or resolution, may increase or decrease total SA revenues and total
expenditures in the FY 2026-2027 Adopted SA Budget.
SECTION 3. All funds are authorized as presented in the budget document.
SECTION 4. General Fund administrative overhead consisting of City Council, City
Manager, City Clerk, City Attorney, Human Resources, Finance, and Non-departmental
services is not to be allocated to SA funds.
SECTION 5. Internal Service Funds for information technology, general liability,
worker’s compensation and unemployment insurance are not to be allocated to SA funds.
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Resolution No. SA 26-01
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SECTION 6. Continuing appropriations are authorized for all unexpended and
unencumbered Capital Project funds from all previous fiscal years as presented in the
Construction in Progress (CIP) Schedule of the budget. The estimated carryover of
unexpended, unencumbered SA projects is estimated for June 30, 2026, at $0.
PASSED, APPROVED, and ADOPTED at a Regular Meeting of the City Council
on the 16th day of June 2026, by the following vote:
AYES: Sanchez, Ayala, Ledezma, Vandever
NAYS: None
ABSENT: Ruiz
ABSTAIN: None
Successor Agency to the Redevelopment
Agency of the City of San Jacinto
_____________________________
Clarisa Sanchez, Vice Chairperson
ATTEST:
___________________________________
Julia Espinoza, Agency Secretary
APPROVED AS TO FORM:
BEST, BEST & KRIEGER, LLP
___________________________________
Craig Hayes, City Attorney
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Resolution No. SA 26-01
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STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF SAN JACINTO )
CERTIFICATION
I, Julia Espinoza, duly appointed City Clerk of the City of San Jacinto, do hereby
certify that the foregoing Resolution No. SA 26-01 was duly passed, approved, and
adopted at a Regular Meeting of the City Council of the City of San Jacinto on the 16th
day of June 2026, by the following vote:
AYES: Sanchez, Ayala, Ledezma, Vandever
NAYS: None
ABSENT: Ruiz
ABSTAIN: None
WITNESS MY HAND AND OFFICIAL SEAL on the 16th day of June 2026.
______________________________
Julia Espinoza, Agency Secretary
City of San Jacinto
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