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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Consideration of the Fiscal Year 2026/27 Capital Improvement Plan Budget and Approval of the Capital Improvement Plan for Fiscal Years 2026/27 to 2030/31
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ABSTRACT
This report presents the City of Murrieta's proposed Capital Improvement Plan (CIP) Budget for Fiscal Year (FY) 2026/27 and the five-year CIP for Fiscal Years 2026/27 through 2030/31, outlining strategic investments in infrastructure, public facilities, technology, and other improvements. It includes $86.2 million in carryover funding for ongoing projects and $37 million in new appropriations, covering new initiatives, such as City Council Tier 1 Priority Projects, as well as adjustments to existing construction and maintenance projects. The plan is supported by multiple revenue sources. Overall, the CIP prioritizes long-range planning, fiscal sustainability, strategic alignment with the City's General Plan, and the City Council Goals and Priorities. The proposed FY 2026/27 Capital Improvement Program (CIP) Budget commits $123,229,261 in restricted and unrestricted funding to support 105 active capital projects.
RECOMMENDATION
recommendation
Conduct a public hearing; and
Adopt Joint Resolution No. 26-4962, MLB 26-201, CSD 26-289, RSA 26-230, entitled: A Joint Resolution of the City Council of the City of Murrieta and the Boards of Directors of the Murrieta Library District, Murrieta Community Services District, and the Successor Agency to the Murrieta Redevelopment Agency, Approving the Capital Improvement Plan Budget for Fiscal Year 2026/27, Approving the Fiscal Years 2026/27 to 2030/31 Capital Improvement Plan, Authorizing the Operating Transfers for Various Funds; Authorizing the Use of Unassigned Fund Balances, and Committed Fund Balances.
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PRIOR ACTION/VOTE
On June 23, 2026, the City Council held a workshop to discuss ...
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