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Redondo Beach council adopts FY 2025–26 budget; shifts $3.5M from pension reserve, approves fee updates
Summary
The Redondo Beach City Council adopted the fiscal year 2025–26 budget and capital plan, approving a $3.5 million transfer from the pension reserve and a set of fee changes while asking staff for follow-ups on several items.
The Redondo Beach City Council adopted its fiscal year 2025–26 budget and five-year capital improvement program after a daylong public review and deliberations.
City Manager Watsanski and finance staff summarized the plan, telling the council it contains roughly $42,000–$43,000 in unallocated general fund balance and that staff proposes a $3.5 million transfer from the city's pension reserve to cover part of the CalPERS unfunded accrued liability (UAL). The capital improvement plan totals about $94 million, of which roughly $30 million is new funding largely from competitive grants.
Council members debated a long list of decision packages and budget response reports. Staff said the proposed budget is conservative on revenue and includes 52 decision packages; most new staffing requests are offset by…
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