HomeMy WebLinkAboutResolution 56-26-RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS
ADOPTING THE PROPOSED FY 2026-27 OPERATING BUDGET AND FY 2027-31 FIVE-
YEAR CAPITAL IMPROVEMENT PLAN BUDGET AND GANN LIMIT FOR THE TOWN
OF LOS ALTOS HILLS AND RESOLUTION APPROVING THE FY 2026-27 SALARY
WHEREAS, the City Council of the Town of Los Altos Hills has received and completed its review of
the proposed FY 2026-27 Operating and Capital Budget; and
WHEREAS, the City Council of the Town of Los Altos Hills now desires to adopt the Appropriations
Limit and budget for FY 2026-27.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the Town of Los Altos resolve as
follows:
I. The Gann Appropriations Limit as shown in Exhibit A is hereby approved; and
11. The Operating and Capital Budget as shown in the FY 2026-27 Proposed Budget presented at the
June 18, 2026, Council meeting is hereby approved; and
A. The amount of the FY 2026-27 budget for each account area of the budget may be drawn upon
in the form of warrants issued for payment of demands and certified in
B. accordance with the provisions of California Government Code Section 37208 and. 37209.
C. The budget is adopted and shall be controlled at the fund level by department for the operating
budget and by the project level for capital improvement projects.
D. The City Manager is hereby authorized to move budgeted dollars between departments (for the
operating budget) -and -between projects - (-for- the -capital improvement -budget-) during the
year if those transfers are from the same funding source and the overall cumulative appropriation
is not increased.
E. The Administrative Services Director/Finance Director is hereby authorized to carry forward
unspent appropriations to FY 2026-27 if such funds are necessary to complete budgeted projects.
F. The Administrative Services Director/Finance Director is hereby authorized to make corrections
to the budget as reflected in the attached budget document that are errors or inconsistencies
without increasing overall appropriations within the same funding source.
G. The City Manager is hereby authorized to solicit bids on the open market for projects budgeted
herein.
H. The Administrative Services Director/Finance Director shall periodically report to the City
Council the amount and classification of revenues received and expenditures made.
I. A copy of the adopted budget, signed by the Mayor and attended to by the City Clerk, shall be
kept on file with the City Clerk of the Town of Los Altos Hills, as the official budget of the Town
of Los Altos Hills for the FY 2026-27;
RESOLUTION 56-26 1 P a tn' cy e
The above and foregoing Resolution was passed and adopted by the City Council of the Town of Los
Altos Hills at a regular meeting held on the 18th day of June 2026 by the following vote:
AYES: BHATEJA, TYSON, MOK, SWAN, TANKHA
NOES: NONE
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BY: y e
ATTEST: Rajiv Bhatej a, Mayor
Arika Birdsong -Miller, City Clerk
RESOLUTION 56-26 21 P a (--y e