TO: Members of the Governing Board
FROM: Tracy A. Schulze - Auditor-Controller
REPORT BY: Tracy A. Schulze - Auditor-Controller
SUBJECT: LBRID 2025-26 Budget Adoption
RECOMMENDATION
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Adopt a Resolution of the Fiscal Year 2025-26 recommended budget for the Lake Berryessa Resort Improvement District (LBRID). (Fiscal Impact: $373,361 Net Use of Fund Balance; Lake Berryessa Resort Improvement District; Discretionary)
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BACKGROUND
The Governing Board of the for Lake Berryessa Resort Improvement District (LBRID) opened a public hearing for the Fiscal Year 2025-26 budget on June 17, 2025. This item has been prepared by the Auditor-Controller's Office based on the Board’s actions taken during the public hearing and is presented as the basis for adoption of the budget resolution.
FISCAL & STRATEGIC PLAN IMPACT
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Is there a Fiscal Impact? |
Yes |
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Is it currently budgeted? |
No |
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Is it Mandatory or Discretionary? |
Discretionary |
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Is the general fund affected? |
No |
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Future fiscal impact: |
Establishes budget authority for Fiscal Year 2025-26. |
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Consequences if not approved: |
Without budget adoption, LBRID will not have spending authority for Fiscal Year 2025-26. |
ENVIRONMENTAL IMPACT
ENVIRONMENTAL DETERMINATION: The proposed action is not a project as defined by 14 California Code of Regulations 15378 (State CEQA Guidelines) and therefore CEQA is not applicable.