Item Report

Item Number: H.2. 
 
 
CITY COUNCIL REPORT 
 
SUBJECT: 
Resolution No. 2602 - Final Budget Adoption 
MEETING DATE: 
June 10, 2025 
 
TO: 
Mayor and Council 
FROM: 
Kevin Artz, Chief Financial Officer 
REVIEWED: 
Reyes Medrano Jr., City Manager 
 
PURPOSE: 
Consideration of Resolution No. 2602 adopting the Final Budget and establishing the Expenditure Limitation for 
the City of Tolleson, for fiscal year 2025-26, in the amount of $233,685,526. 
 
BACKGROUND: 
On March 25, 2025, staff presented the revenues and property tax rate analysis for all funds. 
  
On April 8, 2025, staff presented the expenditure requests for all departments in the General Fund. 
  
On April 22, 2025, staff presented the expenditure requests for all other funds. 
  
On May 13, 2025, Council adopted the tentative budget. 
 
DISCUSSION: 
The City Manager's recommended budget has been prepared based on the Council goals and priorities. There 
are no changes from the tentative budget to the final budget. 
 
Included in the packet are the Auditor General Budget Forms that summarize the City’s budget.  Schedule A of 
the forms has been published in the newspaper, along with a notice of a hearing on the Final Budget for June 
10, 2025. 
 
BUDGET IMPACT: 
Setting forth the budget of $233.685.526 for Fiscal Year 2026. 
 
RECOMMENDATION: 
Staff recommend that Council adopt Resolution 2602, setting forth the Final Budget and Expenditure Limitation 
for Fiscal Year 2026, in the amount of $233,685,526. 
 
ATTACHMENTS: 
1. 
Res 2602 FY 2026 Final Budget and Establishing the Expenditure Limitation 06 10 25