Mountain View council approves FY 2025'26 midyear budget amendments with added homeless-prevention funds
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Summary
Council adopted midyear adjustments on Feb. 24 that modestly increase reserves and add positions while increasing funding for a direct financial-assistance homeless-prevention pilot by $50,000 (to $150,000); staff projects a FY25'26 operating balance of about $1.7 million.
The Mountain View City Council on Feb. 24 adopted staff'recommended FY 2025'26 midyear budget adjustments, including transfers to capital and strategic-property reserves and the addition of several ongoing and limited-period positions.
Finance Director Derek Rampone told council the adopted budget originally projected a $743,000 operating balance; midyear adjustments are expected to raise that to about $1.7 million by year-end after recommended transfers to reserves. Rampone cautioned that revenues are flattening and expenditures are increasing, and he projected a preliminary FY 2026'27 operating balance near $453,000 before additional budget requests.
Council Member Ramirez moved to approve the staff recommendations with one modification: increase funding for the newly proposed direct financial-assistance homeless-prevention program from $100,000 to $150,000. Council Member Hicks seconded; the motion passed unanimously. City staff said the amendment adds $50,000 to an initial allocation and that staff will report further on program operations during the coming budget cycle.
Other notable midyear actions include transfers to a CIP reserve ($2 million), to a strategic property acquisition reserve ($1 million), and to a parental-leave reserve ($1 million); staff also proposed new transportation, library, parks and administrative positions in the coming year. The council directed staff to provide follow-up detail on performance measures and program costs as the recommended FY 2026'27 budget is prepared.
