Redondo Beach staff outlines CIP spending, carryover and tighter discretionary funds ahead of May budget

At a joint special meeting of Redondo Beach’s Public Works and Sustainability Commission and the Budget and Finance Commission, city staff presented a status update on the Capital Improvement Program and preliminary priorities for the FY 2025–26 capital budget.

The presentation, given by Public Works staff member Jesse Reyes, said the city has spent about $17.8 million so far in the current fiscal year and is tracking toward near last year’s higher total. Reyes said a small number of projects accounted for a large share of current spending: "Out of the $17,800,000 ... five projects really made up half of that cost," naming Dominguez Park play equipment, the bicycle implementation project, the Manhattan Beach Boulevard resurfacing work, the Portofino pump station and the Revere Village / boardwalk paver project as the largest expenditures.

Reyes told commissioners the city estimates roughly $64.5 million in carryover into the next budget cycle — money already appropriated to specific projects but not yet spent. He emphasized that much of that total is grant or regional funding that spans multiple years: "It looks like a big number, but a lot of this is...grant funding and regional money that happens over multiple fiscal years," Reyes said,…