Lompoc Municipal Code Ch. 3.24 Budget

The City shall operate on a biennial budget.

(Prior code § 1520; Ord. 1706(23) § 1)

The City Manager shall prepare and transmit the proposed budget to the City Council. The budget shall include:

A. A summary of the budget and recommended expenditures;

B. Detailed schedules and statements in support thereof;

C. Program descriptions and commentaries;

D. Fund summary statements;

E. Schedules of bonded indebtedness;

F. A statement of tax collections and other revenues.

(Prior code § 1521; Ord. 1673(20) § 42)

The final budget shall be adopted by minute order of the Council.

(Prior code § 1522)

The budget for each fiscal year shall be adopted annually by the Council on or before the date on which by law the tax rate shall be fixed for the fiscal year.

(Prior code § 1523)

The final budget shall consist of the proposed budget with such changes, additions or deletions as the Council may make.

(Prior code § 1524)

A. After its adoption, the budget may be adjusted in the following manner exclusively:

1. By transfer of an amount from one budget appropriation line to a new or existing budget appropriation line within the same fund; or

2. By transfer of an amount from one unappropriated reserve account to a new or existing budget appropriation line within the same fund; or

3. By appropriation directly to a budget appropriation line, if any sum of money becomes available to the City from any gift, grant, subvention or any other unanticipated revenue, not to exceed the total value of the unanticipated revenue received; or

4. By appropriation directly to a new or existing budget appropriation line, including transfers from a budget appropriation line or unappropriated reserve account to a new or existing budget appropriation line in a different fund, subject to authorization specified in Section 3.24.060.C.

B. Transfers authorized by subsections A.1 or A.2 of this Section may be made:

1. By approval of the Management Services Director for amounts up to $30,000.00; or

2. By approval of the City Manager for amounts up to $100,000.00; or

3. By approval of the City Manager for amounts exceeding $100,000.00, subject to City Council ratification or approval; or

4. By minute order or resolution of the City Council.

C. Additional or new appropriations or transfers authorized by subsections A.3 or A.4 of this Section may be made:

1. By approval of the City Manager for amounts up to $5,000.00; or

2. By minute order or resolution of the City Council.

D. When actual expenditures in a fund exceed or are expected to exceed approved appropriations by more than $100,000.00, such expenditures will be brought to City Council for consideration of additional appropriations or other interventive action. For any funds that are comprised of more than one department, such as the General Fund, this rule applies when actual expenditures in a department within that fund exceed or are expected to exceed approved appropriations by more than $100,000.00.

(Prior code § 1525; Ord. 1673(20) § 42; Ord. 1728(25), 7/1/2025)

All money not expended or legally encumbered within any fiscal year or not required by law to be kept segregated or continued or maintained for any reason, shall be available for expenditures for the purpose of the budget for the next ensuing fiscal year.

(Prior code § 1526)