Pomona City Budget and Infrastructure Plan for 2026-27

Original title: Public Hearing: Adoption of Resolutions Approving the Fiscal Year (FY) 2026-27 City of Pomona Operating Budget, Housing Authority Budget, Housing Authority Budget, Five Year Capital Improvement Program Budget, establishing the FY 2026-27 Gann Appropriations Limit, and approve section 115 Trust Payment It is recommended that the City Council and the City Council sitting as the Commission of the Housing Authority conduct the public hearing and after receiving comments and testimony, adopt respectively the following resolutions: 1. RESOLUTION NO. 2026-58 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POMONA, CALIFORNIA ADOPTING THE CITY’S OPERATING BUDGET FOR FISCAL YEAR 2026-27 2. RESOLUTION NO. 2026-59- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POMONA, CALIFORNIA SITTING AS THE COMMISSION OF THE HOUSING AUTHORITY OF THE CITY OF POMONA, ADOPTING THE FISCAL YEAR 2026-27 HOUSING AUTHORITY BUDGET 3. RESOLUTION NO. 2026-60 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POMONA, CALIFORNIA APPROVING THE FISCAL YEAR 2026-27 TO FISCAL YEAR 2030-31 FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM AND ADOPTING A CAPITAL IMPROVEMENT PROGRAM BUDGET FOR FISCAL YEAR 2026-27 4. RESOLUTION NO. 2026-61 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POMONA, CALIFORNIA ESTABLISHING THE GANN APPROPRIATIONS LIMIT OF THE CITY OF POMONA PURSUANT TO ARTICLE XIII OF THE STATE CONSTITUTION FOR FISCAL YEAR 2026-27 5. Approve a payment from the Section 115 Pension Trust in the amount of $1.9M for an additional Discretionary Payment to CalPERS to be made on or before June 30, 2026

May 26, 2026

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The Frame

What this does

This meeting determines the city's spending priorities for the upcoming fiscal year, including funding for public services, housing programs, and infrastructure projects, while also setting the legal limit on how much tax revenue the city can spend.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Pomona Residents

Residents are affected by the allocation of city funds toward public services and infrastructure projects.

City Employees

Employees are affected by the city's pension funding decisions and the overall operating budget.

What changed

Last recorded activity May 26, 2026.

What's next

Next step not available in the current record.

Summary

The Pomona City Council is holding a public hearing to approve the city's operating budget, housing authority budget, and a five-year capital improvement plan for the 2026-27 fiscal year. The agenda also includes setting the city's annual spending limit and authorizing a $1.9 million pension payment.

Key Facts

The City Council will vote to adopt the FY 2026-27 Operating Budget (Resolution 2026-58).
The City Council, acting as the Housing Authority Commission, will adopt the FY 2026-27 Housing Authority Budget (Resolution 2026-59).
The City Council will approve the FY 2026-27 to 2030-31 Five-Year Capital Improvement Program and the FY 2026-27 Capital Improvement Budget (Resolution 2026-60).
The City Council will establish the FY 2026-27 Gann Appropriations Limit (Resolution 2026-61).
The city will authorize a $1.9 million discretionary payment from the Section 115 Pension Trust to CalPERS.
The $1.9 million pension payment must be completed on or before June 30, 2026.

Why It Matters

Frequently Asked Questions

What is the Gann Appropriations Limit?

It is a constitutional limit on the amount of tax-funded appropriations a local government can spend in a given fiscal year.

What is the Section 115 Pension Trust?

It is a dedicated fund used by the city to set aside money for future pension obligations, separate from the general operating budget.

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Related Legislation

local_legislation

Pomona City Budget and Infrastructure Plan for 2026-27

The Pomona City Council is holding a public hearing to approve the city's operating budget, housing authority budget, and a five-year capital improvem

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

financial connection100% confidence

Pension Pre-funding

The city is utilizing a Section 115 Trust to make a $1.9 million discretionary payment to CalPERS, indicating a strategy to reduce long-term pension liabilities.

City of Pomona CalPERS