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Council adopts $42.4M FY 2026–27 budget; net two FTE added
Summary
The council unanimously adopted the fiscal year 2026–27 budget (resolution 2026-41), a $42.4 million all-funds plan that staffs say leaves a projected general-fund surplus of about $190,000 and adds roughly two net full‑time-equivalent positions for a total of about 160.25 FTE.
The Imperial City Council voted unanimously to adopt the FY 2026–27 budget, approving resolution 2026-41.
At a summary presentation, a city staff member identified in the meeting as Victor presented the budget totals and key assumptions: total city budget $42.4 million across all funds, a projected general-fund surplus of approximately $190,000, and a staffing level that increases by a net of two FTEs to about 160.25 full‑time equivalents. Victor cautioned that ongoing labor negotiations could change salary and benefits assumptions and affect the stated surplus.
The budget packet included fund-level breakdowns presented by staff: general fund ~$18.9 million, water fund ~$6.7 million, wastewater fund ~$6.6 million, special revenue funds $3.8 million and successor agency funds. Staff reported pooled cash and investments of roughly $55.4 million and noted that year‑end reconciliations and CIP closings will change reserve figures when the books are closed.
Council members praised staff work on the budget and asked for continued quarterly updates; staff said they will return with adjustments as negotiations and project decisions evolve. The council approved the budget by a recorded vote announced as “Motion carries five zero.”
The budget adoption sets the spending plan for the coming fiscal year; staff said specific capital projects and financing decisions will return to council for authorization.
