CC RES 2025-042 RESOLUTION NO. 2025-42
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF RANCHO PALOS VERDES
APPROVING A BUDGET APPROPRIATION AND
ADOPTING THE OPERATING AND CAPITAL
IMPROVEMENT BUDGET FOR FISCAL YEAR
2025-2026.
WHEREAS, on June 17, 2025, the City Council opened a duly published Public
Hearing to receive public input regarding the budget for Fiscal Year (FY) 2025-26.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
Section 1: That a revenue and expenditure/expense budget is hereby adopted.
The adopted budget, by fund, is per Exhibit A with a total Estimated Ending Fund Balance
of$51,201,545 for all City funds (net of City Council Policy Reserves) as of June 30, 2026,
exclusive of the City's Improvement Authorities.
A. The City Manager is authorized to transfer certain Budget Appropriation
Balances within functions and/or programs when deemed necessary to do so in
111 accordance with Chapter 3.32 of the Rancho Palos Verdes Municipal Code.
B. City Council approval will be required for any significant changes involving
increased or decreased service levels.
C. The Director of Finance shall be responsible for constant monitoring of the
budget and shall establish and implement appropriate control mechanisms necessary for
said purpose, after approval by the City Manager.
Section 2: The FY 2025-26 Revenue Budget is hereby adopted, establishing the
following Governmental and Internal Service Fund contribution levels:
GENERAL FUND 41,480,200
GAS TAX 1,216,514
1972 ACT LANDSCAPE/LIGHT 301,100
GAS TAX-SB1 1,177,528
EL PRADO LIGHTING DISTRICT 5,300
1911 ACT STREET LIGHTING 997,400
WASTE REDUCTION 216,100
AIR QUALITY MANAGEMENT 42,800
PROPOSITION C 895,376
PROPOSITION A 1,141,774
PUBLIC SAFETY GRANTS 192,700
MEASURER 758,782
MEASURE M 2,417,780
HABITAT RESTORATION 4,600
SUBREGION ONE MAINTENANCE 27,300
MEASURE A MAINTENANCE 662,700
ABALONE COVE SEWER DISTRICT 62,405
DONOR RESTRICTED CONTRIBUTION 52,200
CDBG 470,000
CAPITAL INFRASTRUCTURES PROJECT 3,262,900
FEDERAL GRANTS 2,574,900
STATE GRANTS 1,883,100
AM ERI CAN RESCUE PLAN ACT (ARPA) 2,000
QUIMBY PARK DEVELOPMENT 8,538
LOW-MODERATE INCOME HOUSING 51,200
AFFORDABLE HOUSING PROJECTS 32,900
ENVIRONMENTAL EXCISE TAX 13,500
BICYCLE/PEDESTRIAN ACCESS 190,693
MEASURE W 704,200
EQUIPMENT REPLACEMENT 310,800
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EMPLOYEE PENSION PLAN 37,100
TOTAL OPERATING TRANSFERS OUT $ 61,194,390
Section 3: The FY 2025-26 Budget is hereby adopted, establishing the following
transfers into the following funds:
Resolution No. 2025-42
Page 2 of 6
GENERAL FUND 320,000
HABITAT RESTORATION 170,000
SUBREGION ONE MAINTENANCE 40,000
ABALONE COVE SEWER DISTRICT 20,000
CAPITAL INFRASTRUCTURES PROJECT 5,153,150
EMPLOYEE PENSION PLAN 400,000
TOTAL OPERATING TRANSFERS OUT $ 6,103,150
Section 4: The FY 2025-26 Budget is hereby adopted, establishing the following
transfers from the following funds:
GENERAL FUND 4,493,650
PUBLIC SAFETY GRANTS 170,000
MEASURE A MAINTENANCE 80,000
TOTAL OPERATING TRANSFERS OUT $ 4,743,650
*General Fund transfers-out include$889,500 for Ladera Linda
payment and$400,000 to Employee Pension per Pension Guidelines.
Section 5: The FY 2025-26 Operating and Capital Improvement Budget Programs
are hereby adopted, establishing the following allocations.
I
Resolution No. 2025-42
Page 3 of 6
CITY COUNCIL 113,200
LEGAL SERVICES-CITY A D M I N 1,250,000
CITY CLERK ADMINISTRATION 652,200
CITY CLERK ELECTION 10,500
CITY MANAGER 1,229,850
COMMUNITY OUTREACH 87,200
EMERGENCY PREPAREDNESS 311,900
RPV TV 256,000
HUMAN RESOURCES 616,600
INFORMATION TECHNOLOGY- DATA 1,155,800
INFORMATION TECHNOLOGY-VOICE 152,000
FINANCE ADMINISTRATION 1,639,000
NON-DEPARTMENTAL 2,377,100
PUBLIC WORKS ADMINISTRATION 3,717,600
TRAFFIC MANAGEMENT 254,500
STORM WATER QUALITY 213,500
BUILDING MAINTENANCE 601,000
TRAILS&OPEN SPACE MAINT 1,259,000
PARKS MAINTENANCE 994,000
SEWER MAINTENANCE 83,500
STREET LANDSCAPE MAINTENANCE 576,500
FUEL MODIFICATION 395,000
VEHICLES MAINTENANCE 125,000
COMMUNITY DEVELOPMENT ADMIN 910,400
PLANNING 1,674,800
BUILDING&SAFETY 1,112,400
CODE ENFORCEMENT 189,500
VIEW RESTORATION 426,100
GEOLOGY 170,000
AN I MAL CONTROL 220,000
RECREATION ADMINISTRATION 1,565,600
OTHER RECREATIONAL FACILITIES 1,000
EASTVIEW PARK 64,800
OPEN SPACE MANAGEMENT 458,300
PRESERVE PARK RANGERS 416,100
FRED HESSE J R. PARK 279,800
CONTRACT CLASSES 145,800
ROBERT E. RYAN PARK 134,500
LADERA LINDA COMMUNITY CENTER 262,800
ABALONE COVE SHORELINE PARK 118,000
SPECIAL EVENTS& PROGRAMS 547,000
CITY RUN SPORTS&ACTIVITIES 9,600
VOLUNTEER PROGRAM 5,000
POINT VICENTE INTER.CENTER 613,500
REACH 272,300
SHERIFF CONTRACT 8,587,000
PUBLIC SAFETY DIVISION 355,300
SPECIAL PROGRAMS 696,000
SUBTOTAL GENERAL FUND EXPENDITURES $37,306,550
Resolution No. 2025-42
Page 4 of 6
GAS TAX 1,520,000
GAS TAX-SB1 750,000
1911 ACT STREET LIGHTING 561,100
WASTE REDUCTION 347,400
PROPOSITION C 1,150,000
PROPOSITION A 905,400
MEASURE R 2,520,000
MEASURE M 2,568,500
HABITAT RESTORATION 197,000
SUBREGION ONE MAINTENANCE 82,400
MEASURE A MAINTENANCE 580,000
ABALONE COVE SEWER DISTRICT 135,300
DONOR RESTRICTED CONTRIBUTION 17,000
CDBG 470,000
CAPITAL INFRASTRUCTURES PROJEC 17,474,400
FEDERAL GRANTS 2,574,900
STATE GRANTS 1,837,000
BICYCLE/PEDESTRIAN ACCESS 158,000
MEASURE W 1,812,000
SUBTOTAL OTHER FUNDS EXPENDITURES $35,660,400
EQUIPMENT REPLACEMENT 781,929
EMPLOYEE PENSION PLAN 662,000
SUBTOTAL INTERNAL SERVICE FUNDS EXPENDITURES $ 1,443,929
Resolution No. 2025-42
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PASSED, APPROVED and ADOPTED the 17th day of June 2025.
ATTEST: David L. radley, Mayor
Terespjakaoka, City Clerk
State of California )
County of Los Angeles )
City of Rancho Palos Verdes )
I, TERESA TAKAOKA, City Clerk of The City of Rancho Palos Verdes, hereby certify that
the above Resolution No. 2025-42 was duly and regularly passed and adopted by the
said City Council at regular meeting thereof held on June 17, 2025.
Teresa a aoka, City Clerk
Resolution No. 2025-42
Page 6 of 6
City of Rancho Palos Verdes | Requested Budget 2025-2026 City of Rancho Palos Verdes FY 2025-26 Fund Summary 1
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City of Rancho Palos Verdes FY 2025-26 Fund Summary
Fund Balance
6/30/2025
FY2025-26 Estimated
Resources
FY2025-26 Estimated
Appropriations Fund Balance
6/30/2026FundRevenuesTransfers In Expenditures Transfers Out
General Fund Balance 28,623,639 41,480,200 320,000 37,306,550 4,493,650 28,623,639
FY 2023-24 Unallocated Surplus Transfers - -- --1,289,500
Restricted Amount (Policy Reserve) 16,800,000 -- -- 17,000,000
General Fund Unallocated Balance 11,823,639 41,480,200 320,000 37,306,550 4,493,650 10,334,139
Restricted by Council Action
CIP Fund Balance 16,216,650 3,262,900 5,153,150 17,474,400 -7,158,300
Restricted Amount (Policy Reserve) 5,000,000 -- -- 5,000,000
CIP Unallocated Balance 11,216,650 3,262,900 5,153,150 17,474,400 -2,158,300
Equipment Replacement Fund 2,736,194 310,800 -781,929 -2,265,065
Restricted Amount (Policy Reserve) 2,212,400 -- -- 2,212,400
Equip. Replacement Unallocated Balance 523,794 310,800 -781,929 -52,665
Employee Pension Plan 1,079,847 37,100 400,000 662,000 -854,947
Subtotal Restricted By Council Action 12,820,291 3,610,800 5,553,150 18,918,329 -3,065,912
Restricted By Law Or External Agencies
Gas Tax 1,010,110 1,216,514 -1,520,000 -706,624
1972 Act 31,719 301,100 - -- 332,819
Gas Tax SB-1 2,631,008 1,177,528 -750,000 -3,058,536
El Prado Lighting 57,181 5,300 - -- 62,481
1911 Act 3,278,888 997,400 -561,100 -3,715,188
Waste Reduction 446,929 216,100 -347,400 -315,629
Air Quality Management 123,210 42,800 - -- 166,010
Proposition C 368,602 895,376 -1,150,000 -113,978
Proposition A 2,824,576 1,141,774 -905,400 -3,060,950
Public Safety Grants 64,039 192,700 - - 170,000 86,739
Measure R 3,425,868 758,782 -2,520,000 -1,664,650
Measure M 433,116 2,417,780 -2,568,500 -282,396
Habitat Restoration 26,264 4,600 170,000 197,000 -3,864
Subregion 1 Maintenance 785,189 27,300 40,000 82,400 -770,089
Measure A 13,226 662,700 -580,000 80,000 15,926
Abalone Cove Sewer Maintenance 86,964 62,405 20,000 135,300 -34,069
Donor Restricted Contributions 978,562 52,200 -17,000 -1,013,762
CDBG 166,626 470,000 -470,000 -166,626
Federal Grants -2,574,900 -2,574,900 - -
State Grants 1,349,620 1,883,100 -1,837,000 -1,395,720
ARPA 405,813 2,000 - -- 407,813
Quimby 3,741 8,538 - -- 12,279
Low-Mod Income Housing 524,318 51,200 - -- 575,518
Affordable Housing In Lieu 963,138 32,900 - -- 996,038
Environmental Excise Tax 93,839 13,500 - -- 107,339
Bikeways -190,693 -158,000 -32,693
Measure W 1,522,058 704,200 -1,812,000 -414,258
Subtotal Restricted By Law Or External
Agencies 21,614,604 16,103,390 230,000 18,186,000 250,000 19,511,994
Total Governmental Funds 66,673,980 61,194,390 6,103,150 74,410,879 4,743,650 51,201,545
Improvement Authorities
Improv Auth - Portuguese Bend 60,684 2,100 15,000 51,000 -26,784
Improv Auth - Abalone Cove 1,128,933 22,800 -23,000 -1,128,733
Subtotal For Improvement Authorities 1,189,617 24,900 15,000 74,000 -1,155,517
Grand Total of All Funds 67,818,953 61,219,290 6,118,150 74,484,879 4,743,650 52,357,062
Resolution No. 2025-42
Exhibit A
Page 1 of 18
City of Rancho Palos Verdes | Requested Budget 2025-2026 Statement Of Revenues - All Funds 1
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Statement Of Revenues - All Funds
FY21-22
Actuals
FY22-23
Actuals
FY23-24
Actuals
FY24-25
YE Estimate
FY25-26
Budget
Requests
General Fund
Property Taxes
3102-3103 Property Tax 9,392,563 14,000,660 10,411,779 10,690,000 11,100,000
3107 Property Tax in Lieu of VLF 5,565,565 8,861,390 6,245,973 6,486,720 6,650,000
3108 Redevelopment Property Tax Trust 48,336 83,583 54,723 55,000 60,000
3110 Property Transfer Tax 735,378 676,866 401,638 400,000 400,000
Total Property Taxes 15,741,842 23,622,499 17,114,113 17,631,720 18,210,000
Other Taxes
3101 Golf Tax 733,545 1,136,950 767,834 750,000 770,000
3111 Franchise Taxes 2,278,003 3,196,766 2,428,770 2,400,000 2,400,000
3112 Sales and Use Tax 2,679,211 4,334,695 2,729,717 2,750,000 2,750,000
3113 Sales Tax - PW (PSAF) 103,232 158,355 104,957 117,740 103,500
3114-3117 Utility Users Tax 2,525,992 4,318,141 2,691,520 2,440,000 2,457,200
3120-3121 Transient Occupancy Tax 6,170,132 10,492,457 6,449,007 6,750,000 7,000,000
3210 Business License Tax 730,966 1,033,935 923,987 930,000 966,000
Total Other Taxes 15,221,081 24,671,299 16,095,792 16,137,740 16,446,700
Other License & Permit
3202 Building & Safety Permits 1,862,181 3,216,366 1,778,957 1,888,414 2,186,000
3203 Building & Safety Plan Check 538,280 738,638 521,005 528,838 500,000
3205 Film Permits 42,972 37,684 19,649 16,000 21,000
3206 Animal Control Fees 26,944 37,242 20,401 -20,000
3207 Building & Safety Fees 365 782 1,241 1,084 600
3208 Building & Safety State Building Standard 299 546 273 624 500
3209 Building & Safety Geology Fees 240,065 298,548 205,998 225,286 205,000
3212 Business License Penalty 18,227 35,356 9,018 9,000 18,000
3213 Parking Permits 88 748 132 -300
3214 Parking Decals 594 634 129 -400
3215 Plan & Zone Permits 481,031 727,031 431,341 425,000 425,000
3217 View Restoration Fees 5,106 5,444 13,812 -5,700
3218 Plan - Misc. Fees 9,509 3,080 841 --
3219 Right of Way Permits 128,589 405,994 105,345 95,000 95,000
3220 Dumpster Permits 2,304 4,752 3,036 3,000 3,000
Total Other License & Permit 3,356,554 5,512,845 3,111,178 3,192,246 3,480,500
Fines & Forfeitures
3501 Tow Fees 4,067 6,557 3,154 2,836 4,000
3502 False Alarm Fines 8,500 9,700 3,900 8,000 8,000
3503 Misc. Court Fines 188,739 240,498 107,123 91,000 100,000
4140-3504 Code Enforcement Citations 42,906 24,300 44,264 20,000 26,700Resolution No. 2025-42
Exhibit A
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2 Statement Of Revenues - All Funds City of Rancho Palos Verdes | Requested Budget 2025-2026
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FY21-22
Actuals
FY22-23
Actuals
FY23-24
Actuals
FY24-25
YE Estimate
FY25-26
Budget
Requests
5123-3506 Preserve Park Citation 100 - 100 - -
Total Fines & Forfeitures 244,312 281,055 158,541 121,836 138,700
Rentals
3602 Rental/Leases 357,049 731,682 465,298 500,000 600,000
5120-3602 Rent - Other Recreational Facilities 739 3,938 475 4,071 3,500
5130-3602 Rent - Hesse Park 20,212 51,607 49,173 49,000 42,000
5140-3602 Rent - Ryan Park 6,825 15,477 13,597 13,500 15,000
5150-3602 Rent - Ladera Linda - - 7,929 10,659 17,400
5180-3602 Rent - PVIC 141,640 145,459 100,137 114,199 125,000
Total Rentals 526,465 948,163 636,609 691,429 802,900
Interests
3601 Interest on Investments 398,318 810,668 1,182,572 1,400,000 1,200,000
3606 Investment Fair Value Adjustment (651,176) (187,334) 495,966 - -
Total Interests (252,858) 623,334 1,678,538 1,400,000 1,200,000
Charges for Services
5122-3411 Parking Lot Fees 29,626 43,220 18,558 18,000 18,000
5160-3411 Shoreline Parking Lot Fees 243,699 255,414 153,676 11,000 -
5120-3412 Program/Event Fees 6,165 4,348 5,523 5,829 -
5131-3412 Program/Event Fees 125,769 219,119 192,305 215,000 230,000
5170-3412 Program Fees 19,167 5,426 4,489 9,100 12,000
5190-3412 REACH - Program Fees 2,676 16,357 12,138 17,500 15,900
Total Charges For Services 427,102 543,884 386,689 276,429 275,900
Intergovernmental Revenue
3301 Federal Grant Income - - 109,805 - -
3302 Motor Vehicle in Lieu - - 22,019 - -
3310 Local Grant - - - 2,800,000 -
Total Intergovernmental - - 131,824 2,800,000 -
Other Revenue
3801 Special Fund Administration 100,014 147,299 92,009 90,000 160,000
5170-3901 Donations - Special Events 26,100 43,250 14,673 20,000 20,000
5180-3901 Donations - PVIC 10,002 10,714 13,512 13,406 8,000
5190-3901 Donations - REACH 2,050 4,765 3,055 3,635 2,000
3901 Donations - General 1,500 - - - -
3902 CASP Fees 6,970 9,889 7,812 5,000 5,000
3904 RDA Loan Payment 123,520 227,040 211,750 265,000 280,000
5180-3701 PVIC Gift Shop 104,463 193,815 155,000 160,549 150,000
1430-3999 Misc. Revenues 160 560 480 274 500
3999 Misc. Revenues 191,503 307,517 299,324 160,000 300,000
Total Other Revenue 566,282 944,849 797,615 717,864 925,500
Resolution No. 2025-42
Exhibit A
Page 3 of 18
City of Rancho Palos Verdes | Requested Budget 2025-2026 Statement Of Revenues - All Funds 3
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FY21-22
Actuals
FY22-23
Actuals
FY23-24
Actuals
FY24-25
YE Estimate
FY25-26
Budget
Requests
Total Operating Revenue 35,830,780 57,147,928 40,110,899 42,969,264 41,480,200
Inter-Fund Transfers
9217 Transfer In Public Safety Grant 160,000 375,000 170,000 170,000 240,000
9224 Transfer in Measure A Maintenance 150,000 75,000 100,000 80,000 80,000
Total Transfers In 310,000 450,000 270,000 250,000 320,000
Total General Fund 36,140,780 57,597,928 40,380,899 43,219,264 41,800,200
All Other Funds
State Gas Tax Fund
Intergovernmental Revenue
3304 State Gas Tax - 2103 362,089 473,376 393,610 375,000 384,116
3305 State Gas Tax - 2105 251,253 324,904 257,474 262,000 268,695
3306 State Gas Tax - 2106 149,037 192,990 151,359 152,000 155,094
3307 State Gas Tax - 2107 303,860 445,426 348,322 359,000 366,709
3308 State Gas Tax - 2107.5 12,000 6,000 6,000 6,000 6,000
3309 State Gas Tax - 2031 842,374 311,730 - - -
Total Intergovernmental Revenue 1,920,613 1,754,426 1,156,765 1,154,000 1,180,614
Interest
3601 Interest on Investments 15,232 26,639 34,629 16,200 21,400
3606 Investment Fair Value Adjustment (24,986) 20,204 17,698 14,500 14,500
Total Interest (9,754) 46,843 52,327 30,700 35,900
Total State Gas Tax Fund 1,910,859 1,801,269 1,209,092 1,184,700 1,216,514
Gas Tax SB-1
Intergovernmental Revenue
3309 State Gas Tax - 2103 - 944,656 1,092,319 1,083,000 1,107,428
Total Intergovernmental Revenue - 944,656 1,092,319 1,083,000 1,107,428
Interest
3601 Interest on Investments - 17,454 58,583 33,600 33,600
3606 Investment Fair Value Adjustment - (26,398) (1,602) 33,500 36,500
Total Interest - (8,944) 56,981 67,100 70,100
Resolution No. 2025-42
Exhibit A
Page 4 of 18
4 Statement Of Revenues - All Funds City of Rancho Palos Verdes | Requested Budget 2025-2026
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FY21-22
Actuals
FY22-23
Actuals
FY23-24
Actuals
FY24-25
YE Estimate
FY25-26
Budget
Requests
Total State Gas Tax Fund - 935,712 1,149,300 1,150,100 1,177,528
1972 Act Fund
Intergovernmental Revenue
3303 Local Grants - - - - 300,000
Interest
3601 Interest on Investments 391 782 1,064 400 600
3606 Investment Fair Value Adjustment (594) 356 432 500 500
Total 1972 Act Fund (203) 1,138 1,496 900 301,100
El Prado Fund
Other Taxes
3102 Assessments 3,132 4,751 3,554 3,500 3,500
Interest
3601 Interest on Investments 559 1,184 1,732 700 1,000
3606 Investment Fair Value Adjustment (864) 423 633 800 800
Total El Prado Fund 2,827 6,358 5,919 5,000 5,300
1911 Act Fund
Other Taxes
3102 Assessments 806,016 1,205,660 899,976 900,600 900,600
3999 Misc Revenues 98,313 - - - -
Interest
3601 Interest on Investments 23,793 56,035 92,394 46,100 46,100
3606 Investment Fair Value Adjustment (38,760) 10,480 28,592 40,100 50,700
Total 1911 Act Fund 889,362 1,272,175 1,020,962 986,800 997,400
Waste Reduction Fund
Intergovernmental Revenue
3302 Used Oil Payment 76,287 17,320 131,088 - -
Total Intergovernmental 76,287 17,320 131,088 - -
Charges for Service
3406 AB 939 Fees 200,137 306,147 243,915 200,800 200,800
Interest
3601 Interest on Investments 4,943 9,882 13,278 6,900 8,300
Resolution No. 2025-42
Exhibit A
Page 5 of 18
City of Rancho Palos Verdes | Requested Budget 2025-2026 Statement Of Revenues - All Funds 5
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FY21-22
Actuals
FY22-23
Actuals
FY23-24
Actuals
FY24-25
YE Estimate
FY25-26
Budget
Requests
3606 Investment Fair Value Adjustment (7,292) 4,596 4,163 7,000 7,000
Total Waste Reduction Fund 274,075 337,945 392,444 214,700 216,100
Air Quality Management Fund
Intergovernmental Revenue
3303 AB 2766 Revenue 39,723 95,985 41,386 40,000 40,000
Interest
3601 Interest on Investments 1,896 2,571 1,866 1,200 1,700
3606 Investment Fair Value Adjustment (2,850) 4,433 343 1,100 1,100
Total AQMD Fund 38,769 102,989 43,595 42,300 42,800
Proposition “C” Transportation Fund
Intergovernmental Revenue
3303 Proposition “C” Sales Tax 874,133 1,369,291 912,077 957,000 877,976
Interest
3601 Interest on Investments 10,433 17,756 12,618 8,800 11,400
3606 Investment Fair Value Adjustment (13,907) 12,070 10,730 6,000 6,000
Total Proposition “C” Fund 870,659 1,399,117 935,425 971,800 895,376
Proposition “A” Transportation Fund
Intergovernmental Revenue
3303 Proposition “A” Sales Tax 1,053,834 1,650,800 1,099,581 1,154,000 1,058,474
Interest
3601 Interest on Investments 22,260 51,399 81,686 37,100 45,800
3606 Investment Fair Value Adjustment (35,330) 12,203 27,198 37,500 37,500
Total Proposition “A” Fund 1,040,764 1,714,402 1,208,465 1,228,600 1,141,774
Public Safety Fund
Intergovernmental Revenue
3302 CA Brulte (COPS) 161,285 311,800 186,159 189,800 189,800
Interest
3601 Interest on Investments 1,745 2,838 2,720 400 1,800
3606 Investment Fair Value Adjustment (2,693) 3,554 912 1,100 1,100
Total Public Safety Fund 160,337 318,192 189,791 191,300 192,700
Resolution No. 2025-42
Exhibit A
Page 6 of 18
6 Statement Of Revenues - All Funds City of Rancho Palos Verdes | Requested Budget 2025-2026
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FY22-23
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FY23-24
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FY24-25
YE Estimate
FY25-26
Budget
Requests
Measure “R” Transit Sales Tax Fund
Intergovernmental Revenue
3303 Measure “R” Sales Tax 655,494 1,026,684 683,844 717,000 658,482
Interest
3601 Interest on Investments 23,836 58,908 96,724 44,200 53,400
3606 Investment Fair Value Adjustment (37,914) 7,409 29,356 46,900 46,900
Total Measure “R” Fund 641,416 1,093,001 809,924 808,100 758,782
Measure “M” Transit Sales Tax Fund
Intergovernmental Revenue
3303 Measure “M” Sales Tax 741,767 1,161,453 921,972 813,000 2,396,280
Interest
3601 Interest on Investments 6,628 16,706 22,053 9,400 12,900
3606 Investment Fair Value Adjustment (10,717) 4,599 9,637 8,600 8,600
Total Measure “M” Fund 737,678 1,182,758 953,662 831,000 2,417,780
Habitat Restoration Fund
Interest
3601 Interest on Investments 5,884 7,199 3,763 200 3,900
3606 Investment Fair Value Adjustment (7,925) 9,649 5,641 700 700
Other Revenues
3999 Misc Revenues - - 609 - -
9101 Transfer in from General Fund - - 561 250,000 170,000
Total Habitat Restoration Fund (2,041) 16,848 10,574 250,900 174,600
Subregion 1 Fund
Interest
3601 Interest on Investments 9,929 19,629 27,089 11,000 15,000
3606 Investment Fair Value Adjustment (15,024) 9,126 10,660 12,300 12,300
Transfers In
9101 Transfer in from General Fund 30,000 75,000 60,000 60,000 40,000
Total Subregion 1 Fund 24,905 103,755 97,749 83,300 67,300
Resolution No. 2025-42
Exhibit A
Page 7 of 18
City of Rancho Palos Verdes | Requested Budget 2025-2026 Statement Of Revenues - All Funds 7
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FY23-24
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FY24-25
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FY25-26
Budget
Requests
Measure A Fund
Intergovernmental Revenue
3303 Measure A 238,099 42,062 20,666 25,000 660,000
Interest
3601 Interest on Investments 42 3,751 3,138 600 1,700
3606 Investment Fair Value Adjustment - (3,638) 2,819 1,000 1,000
Total Measure A Fund 238,141 42,175 26,623 26,600 662,700
Abalone Cove Sewer Maintenance Fund
Other Taxes
3102 Assessments 56,176 81,316 59,419 60,500 61,105
Interest
3601 Interest on Investments 2,318 2,873 1,727 1,100 1,300
3606 Investment Fair Value Adjustment (3,270) 4,336 1,316 1,100 -
Transfers In
9101 Transfer in from General Fund - - 70,000 70,000 20,000
Total Abalone Cove Sewer Maint. Fund 55,224 88,525 132,462 132,700 82,405
Donor Restricted Donations Fund
Interest
3601 Interest on Investments 10,650 22,026 31,755 13,300 13,300
3606 Investment Fair Value Adjustment (16,262) 8,908 11,412 14,600 14,600
Other Revenue
2999-3901 Donations - City’s Anniversary - 2,000 26,250 - -
5411-3901 Donations - Sales - Amphitheater Plaques 31,000 84,000 6,700 41,500 20,000
5412-3901 Donations - Sales - Amphitheater Plaques - - - 17,000 -
5414-3901 Donations - Commemorative Benches 3,000 12,000 3,000 9,000 4,000
5415-3901 Donations - General - Pvic Exhibit 300 1,250 750 - 300
5417-3901 Donations 25 2,000 - - -
5418-3901 Donations - - 1,500 - -
5419-3901 Donations - - 35,000 - -
Total Donor Restricted Donations Fund 28,713 132,184 116,367 95,400 52,200
Community Development Block Grant Fund
Intergovernmental Revenue
3301 Grant Income 153,987 378,188 47,307 150,000 470,000
Resolution No. 2025-42
Exhibit A
Page 8 of 18
8 Statement Of Revenues - All Funds City of Rancho Palos Verdes | Requested Budget 2025-2026
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FY24-25
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FY25-26
Budget
Requests
3301 Federal Grant 2,646 26,385 - - -
Total CDBG Fund 156,633 404,573 47,307 150,000 470,000
Capital Infrastructure Projects Fund
Intergovernmental Revenue
3310 Local Grant - - - 2,200,000 2,570,000
Total Intergovernmental Revenue - - - 2,200,000 2,570,000
Interest
3601 Interest on Investments 447,965 1,007,487 1,232,574 600,000 350,000
3606 Investment Fair Value Adjustment (748,704) 473,649 594,625 600,000 -
Other Revenue
3999 Misc Revenues - - - - 342,900
Transfers In
9101 Transfer in from General Fund 4,699,515 10,298,072 4,975,559 12,320,650 5,153,150
Total Transfers In 4,699,515 10,298,072 4,975,559 12,320,650 5,153,150
Total Capital Infrastructure Projects Fund 4,398,776 11,779,208 6,802,758 15,720,650 8,416,050
Federal Grants
Intergovernmental Revenue
3301 Federal Grant - - - 50,000 2,574,900
Total Federal Grants Fund - - - 50,000 2,574,900
State Grants
Intergovernmental Revenue
3302 State Grant 241,441 417,954 115,886 914,977 1,837,000
4120-3302 Planning - 179,422 106,980 - -
Interest
3601 Interest on Investments 121 14,060 53,585 20,300 22,000
3606 Investment Fair Value Adjustment - (40,340) 20,298 24,100 24,100
Total State Grants Fund 241,562 571,096 296,749 959,377 1,883,100
ARPA
Intergovernmental Revenue
3301 Federal Grant 1,803,693 3,732,740 2,192,274 3,419,856 -
Interest
3601 Interest on Investments 63,088 166,572 159,550 40,100 2,000
Resolution No. 2025-42
Exhibit A
Page 9 of 18
City of Rancho Palos Verdes | Requested Budget 2025-2026 Statement Of Revenues - All Funds 9
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FY22-23
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FY23-24
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FY24-25
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FY25-26
Budget
Requests
3606 Investment Fair Value Adjustment (93,085) 25,770 107,195 63,800 -
Total ARPA 1,773,696 3,925,082 2,459,019 3,523,756 2,000
Quimby Fund
Interest
3601 Interest on Investments 10,723 12,907 6,180 2,202 7,000
3606 Investment Fair Value Adjustment (14,831) 20,461 7,663 1,538 1,538
Total Quimby Fund (4,108) 33,368 13,843 3,740 8,538
City Low-Mod Income Housing Fund
Interest
3601 Interest on Investments 3,748 9,147 13,995 6,400 7,900
3606 Investment Fair Value Adjustment (5,783) 1,011 4,807 6,900 6,900
Property Tax
3108 Redevelopment Property Tax Trust 30,880 56,760 52,937 67,000 36,400
Total City Low-Mod Income Housing Fund 28,845 66,918 71,739 80,300 51,200
Affordable Housing Projects Fund
Interest
3601 Interest on Investments 11,704 22,981 31,542 12,700 18,700
3606 Investment Fair Value Adjustment (17,711) 10,991 12,570 14,200 14,200
Other Revenues
3999 Misc Revenues - - 10,399 - -
Total Affordable Housing Projects Fund (6,007) 33,972 54,511 26,900 32,900
Environmental Excise Tax (EET)
Charges for Service
3907 EET Developer Fee 15,608 42,922 7,804 3,902 10,000
Interest
3601 Interest on Investments 1,999 2,617 2,980 1,300 2,100
3606 Investment Fair Value Adjustment (2,633) 2,767 1,369 1,400 1,400
Total EET Fund 14,974 48,306 12,153 6,602 13,500
Resolution No. 2025-42
Exhibit A
Page 10 of 18
10 Statement Of Revenues - All Funds City of Rancho Palos Verdes | Requested Budget 2025-2026
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FY23-24
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FY24-25
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FY25-26
Budget
Requests
TDA Article 3 - SB 821 Bikeway Fund
Intergovernmental Revenue
3303 TDA Article 3 - SB 821 28,038 29,106 30,790 42,000 190,693
Total TDA Article 3 Fund 28,038 29,106 30,790 42,000 190,693
Measure W Fund
Interest
3601 Interest on Investments 9,543 23,988 41,359 18,400 22,400
3606 Investment Fair Value Adjustment (16,298) 5,697 8,750 21,800 21,800
Intergovernmental Revenue
3303 Local Grants 681,800 1,370,834 681,565 680,000 660,000
Total Measure W Fund 675,045 1,400,519 731,674 720,200 704,200
Equipment Replacement Fund
Charges for Service
3803 Interfund Charges 308,400 438,300 246,900 201,100 185,100
Total Charges for Service 308,400 438,300 246,900 201,100 185,100
Interest
3601 Interest on Investments 37,254 79,941 114,174 75,000 75,000
3606 Investment Fair Value Adjustment (57,370) 27,423 45,062 50,700 50,700
Total Equipment Replacement Fund 288,284 545,664 406,136 326,800 310,800
Employee Pension Service Fund
9101 Transfer in from General Fund 640,000 600,000 291,300 400,000 400,000
Interest
3601 Interest on Investments 5,442 22,247 39,176 14,900 19,500
3606 Investment Fair Value Adjustment (10,834) (5,830) 12,837 17,600 17,600
Total Employee Pension Fund 634,608 616,417 343,313 432,500 437,100
Total All Other Funds 15,141,831 30,002,772 19,573,842 30,247,025 25,497,340
Improvement Authority
IA - Portuguese Bend Maintenance
3601 Other Taxes & Misc. Revenues 257 1,985 3,551 1,400 1,700
9101 Transfers In 55,000 22,500 15,000 15,000 15,000
Resolution No. 2025-42
Exhibit A
Page 11 of 18
City of Rancho Palos Verdes | Requested Budget 2025-2026 Statement Of Revenues - All Funds 11
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3606 Investment Fair Value Adjustment (905) 642 829 400 400
Total IA - Portuguese Bend Maintenance 54,352 25,127 19,380 16,800 17,100
IA - Abalone Cove Maintenance
3601 Other Taxes & Misc. Revenues 4,242 29,033 45,011 15,800 22,600
3606 Investment Fair Value Adjustment (13,995) 11,613 12,311 4,900 200
Total IA - Abalone Cove Maintenance (9,753) 40,646 57,322 20,700 22,800
Total Improvement Authority 44,599 65,773 76,702 37,500 39,900
Total City Revenues 51,327,210 87,666,473 60,031,443 73,503,789 67,337,440
Resolution No. 2025-42
Exhibit A
Page 12 of 18
City of Rancho Palos Verdes | Requested Budget 2025-2026 Statement Of Expenditures - All Funds 1
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Statement Of Expenditures - All Funds
FY21-22
Actuals
FY22-23
Actuals
FY23-24
Actuals
FY24-25
YE Estimate
FY25-26
Budget
Requests
Transfers Out 10,849,030 10,995,572 5,412,420 13,015,650 4,493,650
City Council 192,354 171,433 106,750 114,623 113,200
Legal Services 1,830,888 1,499,553 1,147,147 1,100,510 1,250,000
Public Safety
Sheriff 13,970,640 10,608,886 7,617,751 7,916,508 8,587,000
Special Programs 615,948 586,448 370,781 416,312 696,000
Public Safety Division - - 35,000 159,438 355,300
Total Public Safety 14,586,588 11,195,334 8,023,532 8,492,258 9,638,300
City Administration
City Manager 1,467,798 1,223,138 713,002 1,025,403 1,229,850
City Clerk 835,716 774,505 494,834 689,500 662,700
Community Outreach 151,654 110,984 74,818 86,364 87,200
Emergency Preparedness 94,138 112,699 110,806 99,590 311,900
Emergency Operation Center 345,854 239,968 867,427 22,839 -
RPVTV 366,472 298,238 222,081 185,153 256,000
Personnel 742,052 604,825 449,778 497,020 616,600
Information Technology - Data 1,850,190 1,547,514 974,560 1,104,201 1,155,800
Information Technology - Voice 203,344 164,223 141,645 145,000 152,000
Local Emergency - Landslide - - - 1,399,903 -
Total City Administration 6,057,218 5,076,094 4,048,951 5,254,973 4,472,050
Finance
Finance 2,560,058 2,129,368 1,231,846 1,305,876 1,639,000
Total Finance 2,560,058 2,129,368 1,231,846 1,305,876 1,639,000
Non-Department
Non-Departmental 4,510,362 5,406,483 1,954,951 4,743,917 2,377,100
Total Non-Department 4,510,362 5,406,483 1,954,951 4,743,917 2,377,100
Community Development
Administration 1,340,708 976,595 714,299 814,029 910,400
Planning 1,630,210 1,240,928 1,106,255 1,465,115 1,674,800
Building & Safety 1,312,664 1,223,421 974,474 1,116,072 1,112,400
Code Enforcement 536,278 383,105 258,198 244,008 189,500
View Restoration 739,908 566,672 383,252 417,682 426,100
Geology 326,672 242,213 173,603 176,800 170,000
Animal Control 301,222 262,119 136,931 180,000 220,000
Total Community Development 6,187,662 4,895,053 3,747,012 4,413,706 4,703,200
Public Works
Public Works Administration 4,150,054 3,345,369 2,909,869 3,459,166 3,717,600
Traffic Management 723,332 602,715 322,387 277,290 254,500
Resolution No. 2025-42
Exhibit A
Page 13 of 18
2 Statement Of Expenditures - All Funds City of Rancho Palos Verdes | Requested Budget 2025-2026
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Actuals
FY22-23
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FY23-24
Actuals
FY24-25
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FY25-26
Budget
Requests
Storm Water Quality 31,884 229,601 328,883 369,573 213,500
Building Maintenance 1,004,898 863,483 587,583 580,281 601,000
Parks Maintenance 1,652,358 1,129,692 648,079 1,160,201 994,000
Street Landscape Maintenance 693,190 825,427 579,543 721,322 576,500
Trails & Open Space Maintenance 814,278 682,402 446,639 1,144,180 1,259,000
Vehicle Maintenance 121,242 102,770 75,663 124,058 125,000
Sewer Maintenance 26,800 34,575 81,983 60,139 83,500
Fuel Modification 650,172 453,237 539,310 750,000 395,000
Total Public Works 9,868,208 8,269,271 6,519,939 8,646,210 8,219,600
Recreation And Parks
Recreation Administration 2,154,642 1,880,463 1,094,727 1,307,075 1,565,600
Other Recreational Facilities 4,018 6,171 6,428 5,199 1,000
Fred Hesse Jr. Park 320,402 261,878 283,418 332,271 279,800
Robert E. Ryan Park 206,022 167,811 127,564 152,965 134,500
Ladera Linda Community Center 201,906 97,499 125,464 213,887 262,800
Abalone Cove Shoreline Park 213,504 244,344 192,901 197,016 118,000
Special Events And Programs 595,832 656,570 447,812 450,892 547,000
Point Vicente Interpretive Center 929,546 795,349 626,103 476,402 613,500
Reach 150,566 119,865 121,084 126,619 272,300
Support Services 45,540 37,527 24,280 15,576 -
City Run Sports & Activities - 3,904 3,762 5,711 9,600
Contract Classes 144,424 169,851 126,704 142,365 145,800
Volunteer Program 9,854 5,511 7,241 5,000 5,000
Park Rangers 592,386 587,583 355,829 393,081 416,100
Eastview Park 148,742 105,574 94,915 117,138 64,800
Open Space Management 406,320 215,371 457,475 424,154 458,300
Recreation & Parks Holding - 352 6,427 1,961 -
Parking Enforcement 175,546 85,703 114,691 106,203 -
Total Recreation & Parks 6,299,250 5,441,326 4,216,825 4,473,515 4,894,100
Total General Fund 62,941,618 55,079,487 36,409,373 51,561,238 41,800,200
All Other Funds
State Gas Tax
Street Pavement Maintenance 406,258 332,703 271,060 621,574 613,500
Street Landscape Maintenance 1,214,952 1,040,699 346,607 532,876 906,500
Traffic Signal Maintenance 18,276 - - - -
Roadway Asset Management Program (CIP)303,673 715,911 - - -
Abalone Cove Sewer Rehabilitation Program - - - 449,286 -
Total State Gas Tax 1,943,159 2,089,313 617,667 1,603,736 1,520,000
Gas Tax SB-1 Resolution No. 2025-42
Exhibit A
Page 14 of 18
City of Rancho Palos Verdes | Requested Budget 2025-2026 Statement Of Expenditures - All Funds 3
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Actuals
FY22-23
Actuals
FY23-24
Actuals
FY24-25
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FY25-26
Budget
Requests
Street Pavement Maintenance - - 412,533 438,000 -
Capital Improvements - 29,239 - 258,300 750,000
Total Gas Tax SB-1 - 29,239 412,533 696,300 750,000
1911 Act
Street Lights Maintenance 742,076 625,457 438,777 579,825 466,100
Capital Improvements 31,504 - - 46,549 70,000
Traffic Management - - - - 25,000
Total 1911 Act 773,580 625,457 438,777 626,374 561,100
Waste Reduction
Operating Expenses 637,966 429,164 227,085 292,030 347,400
Total Waste Reduction 637,966 429,164 227,085 292,030 347,400
Air Quality
Operating Expenses 108,000 235,998 - - -
Total Air Quality 108,000 235,998 - - -
Prop “C” Transportation
Traffic Maintenance - - - 85,000 -
Street Maintenance (CIP)1,479,900 1,907,963 898,603 1,000,000 1,150,000
Total Proposition “C”1,479,900 1,907,963 898,603 1,085,000 1,150,000
Prop “A” Transportation
Dial-A-Ride 1,554,394 1,552,277 854,116 905,400 905,400
Total Proposition “A”1,554,394 1,552,277 854,116 905,400 905,400
Public Safety
Transfers Out 320,000 375,000 170,000 170,000 170,000
Total Public Safety 320,000 375,000 170,000 170,000 170,000
Measure R
Traffic Management 200,088 - 51,381 88,430 125,000
Capital Projects 218,562 180,440 27,412 382,704 2,395,000
Total Measure R 418,650 180,440 78,793 471,134 2,520,000
Measure M
Repairs & Maintenance 1,073,842 925,266 623,621 623,400 918,500
Capital Projects - 122,512 352,691 322,794 1,650,000
Total Measure M 1,073,842 1,047,778 976,312 946,194 2,568,500
Habitat Restoration 611,586 340,272 188,526 196,000 197,000
Subregion 1 89,406 75,190 37,750 96,400 82,400
Measure A Resolution No. 2025-42
Exhibit A
Page 15 of 18
4 Statement Of Expenditures - All Funds City of Rancho Palos Verdes | Requested Budget 2025-2026
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FY24-25
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FY25-26
Budget
Requests
Transfers Out 300,000 75,000 100,000 60,000 80,000
Trails & Open Space Maint - - - - 180,000
Park Playground Improvements - - - - 400,000
Total Measure A 300,000 75,000 100,000 60,000 660,000
Abalone Cove Sewer Maintenance 238,284 225,695 111,068 126,673 135,300
Donor Restricted Donations
Operating Expenses 27,540 45,521 10,945 60,000 17,000
Total Donor Restricted Donations 27,540 45,521 10,945 60,000 17,000
Community Development Block Grant 317,058 453,561 27,631 11,225 470,000
Capital Infrastructure Projects Fund
Debt Issued - - - 3,527,500 -
Administration - - - 80,000 227,900
Abalone Cove Sewer Rehabilitation Program - 18,821 961 - 3,000,000
PVDS Landslide Area Resurfacing Program - - 253,776 449,286 -
Portuguese Bend Landslide Remediation 367,452 759,199 1,118,815 1,916,081 700,000
Landslde Remediation - Emergency Hydraugers - - 434,696 17,884,671 8,050,000
Portuguese Bend Landslide Remediation - - - - 525,000
Portuguese Bend Landslide Hydrology - - - - 1,400,000
Ladera Linda Community Park 100,122 11,856,579 4,974,216 1,004,985 889,500
Park Playground Improvements - - 35,390 - -
Wildlife Corridor Encroachment Removal - - - 540,000 -
New Civic Center Complex 233,166 310,615 55,856 200,000 105,000
Facilities Asset Management Program 172,144 10,422 7,500 827,000 435,000
Storm Drain Asset Mgmt Prgrm & Master Plan Update - - - 485,000 1,000,000
Stormwater Drainage Improv PVDS at Peppertree Dr.2,950 42,886 - 995,000 -
Storm Drain Outlet Improvements at Ocean Crest Dr.- - - 85,000 -
Storm Drain Improvements at Peacock Ridge Road - - 26,223 301,382 -
Lift Station Imps at Lower Point Vicente - - - 40,000 -
Storm Drain Improvements at Montemalaga Canyon - - - - 695,000
Sewer Maint Access Improv In Agua Amarga Canyon - - - - 75,000
Roadsway Asset Mgmt Prgrm - Crenshaw Blvd.- 3,706 - 1,853 -
PVDS Intersection Improvements - 14,542 - 100,000 -
Western Avenue Beautification - 56,471 104,633 98,103 -
Traffic Calming Program - Citywide - 237,720 92,554 185,639 -
Roadway Asset Management Program - PVDS - - - 25,000 -
Roadway Asset Management Progam - PVDE - - - 235,000 350,000
Roadway Asset Mgmnt Program - Monemalaga Dr - - - 40,000 -
Resolution No. 2025-42
Exhibit A
Page 16 of 18
City of Rancho Palos Verdes | Requested Budget 2025-2026 Statement Of Expenditures - All Funds 5
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FY23-24
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FY24-25
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FY25-26
Budget
Requests
Sidewalk Management Program - - - 75,000 22,000
Total Capital Infrastructure Projects 875,834 13,310,961 7,104,620 29,096,500 17,474,400
Federal Grants
Capital Improvements - - - 50,000 2,574,900
Total Federal Grants - - - 50,000 2,574,900
State Grants
Professional & Technical 178,106 165,198 115,978 3,479 -
Capital Improvements - - - 70,000 1,495,000
Transfers Out - 813,341 - - -
Emergency Preparedness - 813,341 70,000 128,333 -
Fuel Modification - - - - 342,000
Total State Grants 178,106 1,791,880 185,978 201,812 1,837,000
Federal Grants - ARPA
Capital Improvements 3,607,386 6,105,364 1,717,827 3,419,856 -
Total Federal Grants 3,607,386 6,105,364 1,717,827 3,419,856 -
QUIMBY
Capital Improvements 844,348 650,628 201,612 59,960 -
Total Quimby 844,348 650,628 201,612 59,960 -
Environmental Excise Tax (EET)
Street Landscape Maintenance 240,180 92,222 - - -
Total Environmental Excise Tax (EET)240,180 92,222 - - -
TDA Article 3 - SB 821 Bikeway Fund
Operating Expenses 56,076 29,106 30,790 - -
Capital Improvements - - - 42,000 158,000
Total TDA Article 3 - SB 821 Bikeway 56,076 29,106 30,790 42,000 158,000
Measure W
Operating Expenses 930,426 820,154 284,071 403,000 652,000
Capital Improvements - - - 117,858 1,160,000
Total Measure W 930,426 820,154 284,071 520,858 1,812,000
Equipment Replacement 254,248 69,164 196,736 964,289 781,929
Employee Pension Fund - 202,210 135,357 395,000 662,000
Total All Other Funds 16,879,969 32,759,557 15,006,797 42,096,741 37,354,329
Improvement Authority
IA - Portuguese Bend Maintenance
Prof/Tech Services 76,772 5,200 50 2,500 2,500
Repair & Maintenance Services 10,316 1,800 - 45,000 45,000
Electricity 5,104 3,745 2,211 3,500 3,500
Total Portuguese Bend Maintenance 92,192 10,745 2,261 51,000 51,000
IA - Abalone Cove Maintenance Resolution No. 2025-42
Exhibit A
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6 Statement Of Expenditures - All Funds City of Rancho Palos Verdes | Requested Budget 2025-2026
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Prof/Tech Services 35,656 5,200 50 - -
Repair & Maintenance Services 10,316 1,800 2,400 - 10,000
Electricity 25,500 17,207 12,983 2,064 13,000
Total Abalone Cove Maintenance 71,472 24,207 15,433 2,064 23,000
Total Improvement Authority 163,664 34,952 17,694 53,064 74,000
Total City Expenditures 79,985,251 87,873,996 51,433,864 93,711,043 79,228,529
Resolution No. 2025-42
Exhibit A
Page 18 of 18