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Ventura LAFCO adopts final budget for fiscal year 2025–26
Summary
The Ventura Local Agency Formation Commission adopted a final budget for fiscal year 2025–26 that uses a $100,000 appropriation from fund balance and increases contingencies to 10%, resulting in a roughly 9.3% rise in expenditures over the current year.
The Ventura Local Agency Formation Commission adopted its final budget for fiscal year 2025–26 after a staff presentation and a unanimous roll-call vote.
The commission approved a recommended final budget that the presenter said is identical to the proposed budget adopted the previous month. The final plan increases total expenditures by about $96,000, a 9.3% increase from the current fiscal year, and relies on a proposed appropriation of $100,000 from the commission’s fund balance.
The budget presentation outlined estimated savings in the current year — about $31,460 in services and supplies and $49,555 in contingencies — producing roughly $81,000 in expenditure savings. On the revenue side, staff reported an estimated $9,000 in additional interest earnings and about $7,000 from application fees, producing roughly $16,000 in revenue surplus; combined with expenditure savings this yields an available fund balance of about $97,000 that staff proposed to apply to next year’s budget.
For the coming year staff recommended increases of $21,250 for salaries and benefits and $21,240 for services and supplies, and an increase to contingency reserves from 5% to 10% (an increase of roughly $54,000). Staff also reported higher intergovernmental revenue, with funding from the County of Ventura, cities and independent special districts rising from $954,675 to $1,021,970 and total recommended revenues of $1,136,970. Application fees were projected at $10,000 and miscellaneous revenue at $15,000.
“KAI: The proposed final budget today is identical to the proposed budget that was adopted by the commission last month,” staff said during the presentation. Staff said it was available to answer questions.
Commissioners had no substantive questions at the hearing; no members of the public spoke. A motion to adopt the resolution approving the final budget passed on a unanimous roll-call vote.
The commission’s action authorizes staff to finalize the budget document and to apply the identified fund balance as recommended. The resolution and budget will be distributed to affected agencies per LAFCO practice.
