TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Javier Carcamo, Finance Director
PREPARED BY: RN Mendoza, Financial Analyst
SUBJECT:
title
Consideration of the Fiscal Year 2025/26 Capital Improvement Plan Budget and Approve the Capital Improvement Plan for Fiscal Years 2025/26 to 2029/30
end
RECOMMENDATION
recommendation
Conduct a public hearing; and
Adopt Joint Resolution No. 25-4836, MLB 25-200, CSD 25-284, RSA 25-34, 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 2025/26, Approving the Fiscal Years 2025/26 to 2029/30 Capital Improvement Plan, Authorizing the Operating Transfers for Various Funds; Authorizing the Use of Unassigned Fund Balances, Sustainability Reserves and Committed Fund Balances.
body
PRIOR ACTION/VOTE
On May 6, 2025, the City Council held a workshop to receive a presentation and report from City staff on the Proposed Capital Improvement Plan and Budget for Fiscal Year 2025/26 through Fiscal Year 2029/30 (Non-Action Item).
On May 14, 2025, the Planning Commission adopted a Resolution finding the project additions to the Capital Improvement Plan in conformance with the General Plan (Vote: 4-0).
CITY COUNCIL GOAL
Maintain a high performing organization that values fiscal sustainability, transparency, accountability and organizational efficiency.
BACKGROUND
One of local government's primary responsibilities is creating and preserving a community's physical infrastructure. The City of Murrieta's (City) infrastructure and capital improvement plan includes roads, bridges, stormwater systems, public buildings, parks, open space, communication, and information management systems. Given that these types of infrastructure projects require a significant commitment of pub...
Click here for full text