FROM:
Finance
SUBJECT:
Title
Fiscal Year 2025-26 Third Quarter Budget Status Report - Fontana Fire Protection District
End
RECOMMENDATION:
Recommendation
Approve the recommended Fiscal Year 2025-26 Third Quarter Budget adjustments.
End
End
COUNCIL GOALS:
• Improve public safety by maximizing fire and emergency medical service resources.
• Operate in a businesslike manner by ensuring that the public debate is based on accurate information.
• Practice sound fiscal management by producing timely and accurate financial information.
• Practice sound fiscal management by living within our means while investing in the future.
• Practice sound fiscal management by fully funding liabilities and reserves.
• Practice sound fiscal management by producing transparent information in a timely matter.
DISCUSSION:
The Fontana Fire Protection District (District) budget is an important policy document, serving as the annual financial plan that identifies the spending priorities for the organization. Quarterly budget status reports are developed and presented to the Board of Directors to provide the most current information on the financial activities of the District upon which to base decisions. Additionally, quarterly reports assist in gauging the District’s budget plan as compared to actual revenue and expenditures. This report includes requested budget adjustments and preliminary year-to-date actuals through Third Quarter of Fiscal Year 2025-26, covering the period through March 31, 2026.
The current FY2025-26 operating budget is comprised of three funds, an operating fund, capital fund, and a fund for CFD 2002-2 to account for revenues received from the San Bernardino County community facilities district for fire services. The current budget includes total sources (revenues and transfers in) of $88.1 million and total uses (expenditures and transfers out) of $108.2 million. The recommended budget includes an increase to total sources of $3.9 million for a total of $92.0 million and total uses of $7.6 million for a total of $115.9 million.
Summary of Key Points:
The Third Quarter Budget Report increases appropriations as follows:
• Fontana Fire District Fund #210
o Increase transfers-out of $3.9 million to Fund #610 for Fire Station #80 Training center additional construction costs (transfer to Fund #610).
o Decrease appropriations of $41,477 for contributions to Funds #115 regarding the Fire Lease Agreement amendment.
• Fontana Fire Capital Project Fund #610
o Increase in transfers in and appropriations of $3.9 million for Fire Station #80 Training center additional construction costs (transfer from Fund #210).
FISCAL IMPACT:
The fiscal impact associated with the approval of this item in an increase in total sources of $3.9 million and in total appropriations of $7.6 million for a net decrease in fund balance of $3.9 million. Recommended changes are detailed in the attached report.
MOTION:
Approve staff recommendation.