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RESOLUTION NO. 8598 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS ADOPTING THE BIENNIAL BUDGET OF THE CITY OF REDLANDS FOR THE FISCAL YEAR ENDING JUNE 30, 2025 AND ENDING JUNE 30, 2026 WHEREAS, the proposed two-year budget of the City of Redlands for the Fiscal Years beginning July 1, 2024 and ending June 30, 2025, and beginning July 1, 2025 and ending June 30, 2026, consisting of one volume entitled "Proposed Biennial Budget for Fiscal Years 2025 and 2026", has been made available to the public and City Council on May 17, 2024, presented and reviewed at a special City Council meeting on May 20, 2024 and presented for review, consideration, and adoption at the regular City Council meeting of June 4, 2024; and WHEREAS, the City Council has given careful consideration to the adoption of a budget and financial plan for the use of funds for Fiscal Years 2025 and 2026 as set forth in the entitled "Proposed Biennial Budget for Fiscal Years 2025 and 2026" and including any modifications, revisions, and/or corrections made and approved by the City Council, which are incorporated here by reference as though fully set forth herein, and together constitute the "Adopted Biennial Budget for Fiscal Years 2025 and 2026". NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF REDLANDS AS FOLLOWS: Section 1. The biennial budget for the City of Redlands for Fiscal Years beginning July 1, 2024 and ending June 30, 2025 and beginning July 1, 2025 and ending June 30, 2026 prepared and submitted to the City Council by the City Manager and on file in the Office of the City Clerk, the A. K. Smiley Public Library and the Redlands Community Center, as modified and amended by the City Council, is hereby adopted as the biennial budget for Fiscal Years 2025 and 2026, on the basis of the totals set forth in each of the budgets contained therein by program, division and/or department. Section 2. At the conclusion of fiscal year ending June 30, 2024, certain purchase orders will exist as Outstanding Encumbrances representing contractual obligations of previously budgeted funds. In addition, budgeted funds for certain items or projects in various stages of acquisition or development have previously been approved or will be approved or will be approved by the City Council to be carried forward to fiscal year 2025 as Continuing Appropriations. The Outstanding Encumbrances and Continuing Appropriations shall be deemed to be re -budgeted as an addition to the budget amounts previously set forth in this resolution. Section 3. At the conclusion of fiscal year ending June 30, 2025, certain purchase orders will exist as Outstanding Encumbrances representing contractual obligations of previously budgeted funds. In addition, budgeted funds for certain items or projects in various stages of acquisition or development have previously been approved or will be approved or will be approved by the City Council to be carried forward to fiscal year 2026 as Continuing Appropriations. The Outstanding Encumbrances and Continuing Appropriations shall be deemed to be re -budgeted as an addition to the budget amounts previously set forth in this resolution. 1 I:\Resolutions\Res 8500-8599\8598 FY2025-2026_Biennial Budget.docx-ins