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City Council Minutes Page 5 of 5 November 18, 2025 <br />Recommendation: Adopt Resolution No. 2025-065 to accept the FY 2024/25 Year- <br />End Operating Budget report, approve budget amendments in multiple funds, and <br />designate the June 30, 2025 General Fund balance. <br />b.Adopt a resolution to accept the FY 2024/25 Year-end Financial and Program Delivery <br />Report for the Capital Improvement Program (CIP) <br />Recommendation: Adopt Resolution No. 2025-066 to accept the Fiscal Year 2024/25 <br />year-end financial and program delivery report for the Capital Improvement Program <br />(CIP) and approve the carryforwards as included in the report. <br />Presentation by Susan Hsieh, Finance Director, and Adam Nelkie, Assistant Director of <br />Public Works/City Engineer. <br />Mayor Balch opened public comment. There being no speakers, Mayor Balch closed <br />the public comment. <br />MOTION: It was m/s by Eicher/Testa to approve the item as recommended with <br />direction not to allocate the $3,000,000 in the 115 Fund at this time. Motion passed by <br />the following vote: <br />Ayes: Councilmembers Eicher, Gaidos, Nibert, Testa, Mayor Balch <br />Noes: None <br />Absent: None <br />MATTERS INITIATED BY COUNCIL <br />Councilmember Testa requested a re-evaluation of the cost estimated by staff to <br />update the sign ordinance. The request failed for lack of majority consensus. <br />Councilmember Nibert requested, and by majority consensus, the City Council <br />agreed to include in the February budget discussion, evaluation of the potential <br />use of funds to update the sign ordinance. <br /> COUNCIL REPORTS <br />Councilmembers reported on regional and local meetings attended. <br />ADJOURNMENT <br />Mayor Balch adjourned the meeting at 11:15 p.m. <br />______________________ <br />Jocelyn Kwong, City Clerk