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Costa Mesa council adopts budget option using IT reallocation and capital fund balance; vote 6–1
Summary
After a multi‑hour budget hearing and debate about the city's capital asset needs (the "CAN"), the council approved an approach that reallocated year‑one IT depreciation funds and used capital fund balance to meet near‑term capital needs without tapping the general fund facilities reserve; final vote 6–1.
After hours of presentations and public comment on the proposed fiscal year 2025–26 operating and capital budget, the Costa Mesa City Council on Tuesday approved a funding approach that redirects initial IT depreciation funds and uses capital fund balance to pay for near‑term capital projects without drawing on the city’s general fund facility reserves.
Finance Director Carol Molina summarized the proposed FY 2025–26 all‑funds budget at $224.4 million and a general fund budget of roughly $186.9 million. Molina and staff told council the proposed operating budget is structurally balanced and includes full funding for labor commitments, pension contributions and a public safety focus that directs roughly half the general fund to fire and police operations.
A central debate at the meeting concerned the municipal…
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