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Manteca Council adopts FY26 budget, approves BOLD financing and multiple infrastructure and staffing measures
Summary
At its June 17 meeting the Manteca City Council approved the fiscal year 2025–26 budget, authorized participation in the CMFA BOLD program for land-secured financing, and approved several resolutions including formation of an area-of-benefit for South Main Street and new job classifications. All listed motions passed on roll call votes.
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MANTECA — The City of Manteca City Council on June 17 adopted its fiscal year 2025–26 budget and approved a package of resolutions and actions including participation in a statewide land-secured financing program and a South Main Street improvements area-of-benefit.
The council voted on multiple items by roll call, with all recorded motions passing by 4–0 where votes were recorded. Key approvals included formal adoption of the city budget for fiscal year 2025–26; authorization to participate in the Bond Opportunity for Land Development (BOLD) program offered through the California Municipal Finance Authority (CMFA); formation of the South Main Street widening and improvements Area of Benefit (AOB) and a funding agreement for the Marketplace at Main project; adoption of annual assessments for the city’s landscape maintenance and benefit assessment districts; acceptance of a grant deed for right-of-way related to 1532 South Main Street; and adoption of new job classifications and related compensation plan updates.
Why it matters: The budget adoption sets spending and capital priorities for the coming year, while the BOLD authorization and AOB formation provide financing tools and a mechanism to fund immediate road and utility improvements tied to new development. The job-classification changes affect internal staffing and representation for positions in finance and other departments.
Votes and actions at a glance - Motion to remove item C3 from the agenda: adopted by roll call (4–0). - C14: Adopt resolution accepting a grant deed from Brochini Family Partnership for right-of-way and public utility easement over a portion of 1532 South Main Street — adopted (roll call yeses recorded; 4–0). - C22: Adopt resolution approving new job classifications and updates to the unrepresented/management/CEU compensation plan (Deputy Fire Chief; Financial Analyst / Senior Financial Analyst; new wastewater and water positions; part-time Reserve Police Officer level 1) — adopted (4–0). - D1: Adopt resolution authorizing participation in the CMFA BOLD program (Bond Opportunity for Land Development) to provide an additional option for land-secured financing — adopted (4–0). - D2: After public hearing, adopt resolution ordering levy and collection of annual assessments for the city’s Landscape Maintenance District and benefit assessment districts for FY 2025–26 (assessments totaling $1,500,000) — adopted (4–0). - D3: Conduct public hearing and adopt resolution forming the South Main Street widening and improvements AOB; approve the Marketplace at Main improvement agreement and authorize use of $1,017,691 in development agreement fees plus contingency not to exceed $101,769.10 (total $1,119,460.10) to fund the unfunded portion of Marketplace at Main improvements — adopted (4–0). - E1: Receive presentation and adopt resolution approving the City of Manteca’s FY 2025–26 annual budget, including $65.1 million in capital investments and a projected citywide surplus of about $1,000,000 that is largely restricted to specific funds — adopted (roll call 4–0).
What council members said: Council members and staff described the BOLD program as an additional financing tool (not a replacement for SCIP), praised developers and staff for moving the Marketplace at Main project forward, and thanked the finance and budget teams for producing an on-time budget. The council emphasized that some surpluses cited in the budget are restricted to specific funds and not available for general-purpose spending.
Process note: The council recorded roll-call votes on the teleconferenced meeting; Council Member Lackey was noted absent. Several items were presented after public hearings where required.
Ending: The approvals enable near-term construction of South Main Street corridor work tied to private development and finalize the city's budget for the coming fiscal year. Several items (including C3) were pulled for future consideration.
