Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Budget topic
No spam. Unsubscribe anytime.
Huntington Park receives FY 2024–25 audit and hears midyear budget report; council approves midyear appropriations
Summary
Finance staff presented the completed FY 2024–25 audit (showing a modest surplus driven by one-time revenues) and a Q2 midyear budget update as of Dec. 31, 2025. Council approved a set of midyear appropriations totaling roughly $555,000 and received the audit report by unanimous vote.
City finance staff and auditors presented the completed fiscal year 2024–25 audit and a midyear budget status report to the Huntington Park City Council.
The auditor reported a modest general-fund surplus attributable in part to one-time receipts, such as cannabis business payments and a Caltrans reimbursement, and noted recognition changes required by GASB 101 for certain employee benefit liabilities. Staff presented the midyear budget as of Dec. 31, 2025: general fund revenue realization was about 54% of budget and expenditures roughly 47% committed. Staff identified a set of midyear appropriation requests totaling approximately $555,000, including police supplies, animal-control contractual increases, credit-card fee pass-through ($100,000), a Crown Castle citywide Wi-Fi appropriation ($110,000), and additional insurance premiums.
Council members asked about credit-card fee impacts on residents and the rising cost per animal under county impound contracts (county estimate to increase from $945 to about $1,300 per animal). Finance staff described efforts to reduce fees and the mechanics of pass-through charges. The council voted unanimously to receive and file the audit and to approve the midyear appropriations and appropriate budget adjustments.
