City Council - Regular Meeting

BLACK HISTORY MONTH SPOTLIGHT AWARD FOR DIANA PHILLIPS

CITY COUNCIL COMMITTEE POLICY: DIVERSITY COALITION AND SUSTAINABLE CITY COMMITTEE PROPOSED STRUCTURE

Staff recommends the City Council approve the proposed formation structure for the Diversity Coalition Committee and the Sustainable City Committee.

FISCAL YEAR 2025-26 MID-YEAR BUDGET REVIEW AND RESOLUTION AUTHORIZING APPROPRIATIONS FROM THE FISCAL YEAR 2024-25 GENERAL FUND OPERATING POSITIVE FUND BALANCE; CURRENT YEAR APPROPRIATION ADJUSTMENTS AND CAPITAL IMPROVEMENT PLAN BUDGET AND RELATED FUNDING; TRANSFERS FOR CAPITAL IMPROVEMENT PLAN PROJECTS; AMENDING THE FISCAL YEAR 2025-2026 BUDGET

Strategic Plan Goal(s): Goal No. 1 Financial Stability: Ensure the City's long-term financial stability and resilience. Goal No. 2 Community Safety: Maintain Community Safety by supporting public safety services and increasing emergency preparedness. Goal No. 3 Economic and Downtown Development: Improve the local economy, support local businesses, and create a vibrant downtown core. Goal No. 4 Infrastructure: Maintain and improve the City's physical infrastructure, water system, and recreational spaces. Goal No. 5 High-Functioning Government: Strengthen internal communication, recruitment, retention, systems, and processes to increase the effectiveness and efficiency of City services. Recommendations: 1. Approve the proposed appropriations and reserve transfers from FY 2024-25 to FY 2025-26 operating budget and reserve balances, utilizing the current FY 2024-25 General Fund operating positive fund balance of $7,039,019. 2. Adopt a resolution, entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SIGNAL HILL, CALIFORNIA, AUTHORIZING APPROPRIATIONS FROM THE FISCAL YEAR 2024-25 GENERAL FUND OPERATING POSITIVE FUND BALANCE, CURRENT YEAR APPROPRIATION ADJUSTMENTS, AND CAPITAL IMPROVEMENT PLAN BUDGET AND RELATED FUNDING TRANSFERS, AND AMENDING THE FISCAL YEAR 2025-26 BUDGET

CITY COUNCIL DIRECTION TO SCHEDULE A BIENNIAL BUDGET WORKSHOP

Strategic Plan Goals: Goal No. 1: Financial Stability: Ensure the City's long-term financial stability and resilience. Recommendation: Select a date for the Biennial Budget Workshop for FY 2026-27 and FY 2027-28.

REQUEST FOR PROPOSALS FOR INVESTMENT MANAGEMENT AND ADVISORY SERVICES

Recommendation: 1. Approve the Request for Proposal (RFP) for Investment Management and Advisory Services and authorize its release.

PROFESSIONAL SERVICES AGREEMENT WITH PLACEWORKS TO PREPARE CALIFORNIA ENVIRONMENTAL QUALITY ACT (CEQA) ANALYSIS FOR THE OPPORTUNITY STUDY AREAS

Recommendation: Authorize the City Manager to enter into a Professional Services Agreement with PlaceWorks, for a total not-to-exceed amount of $500,000.

ADOPT A RESOLUTION AMENDING THE EXISTING ADMINISTRATIVE BUDGET GUIDELINES AND ESTABLISHING A NEW BUDGET MANAGEMENT POLICY

Recommendation: Adopt a Resolution entitled: A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SIGNAL HILL, CALIFORNIA, ADOPTING THE BUDGET MANAGEMENT POLICY AND AMENDING ALL PRIOR BUDGET AMENDMENT POLICIES AND GUIDELINES.

SCHEDULE OF INVESTMENTS AND MONTHLY TRANSACTION REPORT

Recommendation: Receive and file.

WARRANT REGISTER PRESENTED FEBRUARY 24, 2026

Recommendation: Authorize payment of the Warrant Registers presented February 24, 2026.

APPROVAL OF MEETING MINUTES

Recommendation: Approve the meeting minutes of the February 10, 2026 Regular City Council Meeting.