Agenda item
ADOPTION OF AMENDED FUND BALANCE AND RESERVE POLICY — approved 5-0
Council Meeting (Closed Session 4:30 PM), item 10, ADOPTION OF AMENDED FUND BALANCE AND RESERVE POLICY was approved (5-0). [Minutes, p. 5]
Tier 3 · Human approved · Updated Aug 23, 2026
The Escondido City Council approved changes to the city's Fund Balance and Reserve Policy, the set of rules governing the money the city holds in its funds and reserves. The council adopted the changes by passing Resolution No. 2026-85 on a unanimous 5-0 vote.
Councilmember J. Garcia made the motion to approve and Councilmember C. Garcia seconded it, and it passed 5-0.
The city's Finance Department, through Director of Finance Christina Holmes, had recommended that the council approve the change.
The record of the meeting does not say what the policy currently requires, what the amendment changes, or what it means for city spending or services. Residents who want the official paperwork can look for File Number 0680-20 or Resolution No. 2026-85.
The record
- Meeting
- Council Meeting (Closed Session 4:30 PM)
- Body
- City Council
- Item
- 10
- Request
- Request the City Council adopt Resolution No. 2026-85 modifying the City of Escondido Fund Balance and Reserve Policy. (File Number 0680-20)
- Staff recommendation
- approval
- Presented by
- Christina Holmes, Director of Finance
- Outcome
- approved
- Vote
- 5-0
- Moved by
- J. Garcia
- Seconded by
- C. Garcia
- Case or file number
- 0680-20
From the document
Every field above was read from one of these passages.
10. ADOPTION OF AMENDED FUND BALANCE AND RESERVE POLICY Request the City Council adopt Resolution No. 2026-85 modifying the City of Escondido Fund Balance and Reserve Policy. (File Number 0680-20)
Staff Recommendation: Approval (Finance Department: Christina Holmes, Director of Finance)
Motion: J. Garcia; Second: C. Garcia; Approved: 5-0
Staff Recommendation: Approval (Finance Department: Christina Holmes, Director of Finance) Presenter: Christina Holmes, Director of Finance