TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Javier Carcamo, Finance Director
PREPARED BY: RN Mendoza, Financial Analyst
SUBJECT:
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Fiscal Year 2026/27 Capital Improvement Budget Proposed Budget Adjustments
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ABSTRACT
This proposed update to the Fiscal Year (FY) 2026/27 Capital Improvement Budget (CIP) requests City Council approval to fund certain annual maintenance projects that were omitted in the original CIP budget adopted in July 2026. The proposed budget adjustments will be funded through a combination of de-obligated funds from projects being closed and unassigned fund balance within the respective special revenue funds. A portion of the unassigned fund balance was made available through the City Council’s original action on July 7, 2026, adopting the CIP budget. By making this adjustment, current service levels associated with CIP projects are ensured, optimal alignment with the capital improvement plan is maintained, and funding sources for proposed capital expenditures are effectively balanced. The proposed CIP budget adjustment has no fiscal impact to the General Fund or Measure T Fund.
RECOMMENDATION
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Approve the amendments to the Fiscal Year 2026/27 Capital Improvement Budget as referenced in the Fiscal Impact section of this report.
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PRIOR ACTION/VOTE
On July 7, 2026, a joint resolution of the City Council of the City of Murrieta and the Boards of Directors of the Community Services District, and the Successor Agency for the Murrieta Redevelopment Agency adopted a series of Resolution Nos. (26-4962, MLB 26-201, CSD 26-289, RSA 26-230) approving the Capital Improvement Budget for FY 2026/27 and approving the FY 2026/27-2030/31 Capital Improvement Plan (Vote: 4-0).
On June 23, 2026, the City Council held a workshop to discuss and provide direction to staff on the Proposed Capital Improvement Plan and Budget for Fiscal Year 2026/27 through Fiscal Year 2030/31 (Non-Action Item).
On May 27, 2026,...
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