Legislation Details

File #: 26-758    Version: 1 Name: Resolution Declaring End to Fiscal Emergency
Type: Resolution Status: Consent Agenda
File created: 4/9/2026 In control: City Council Meeting Agenda
On agenda: 4/13/2026 Final action:
Title: CC - CONSENT ITEM: Adoption of a Resolution Declaring an End to the Fiscal Emergency Declared on April 4, 2025.
Attachments: 1. 2026-04-13_ATT_Resolution Declaring End to Fiscal Emergency.pdf

title

CC - CONSENT ITEM:  Adoption of a Resolution Declaring an End to the Fiscal Emergency Declared on April 4, 2025.

 

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Meeting Date:  April 13, 2026

 

Contact Person/Dept.:  Elizabeth Shavelson/Finance Department

 

Phone Number:  (310) 253-5865

 

Fiscal Impact:  Yes []    No [X]                                          General Fund:  Yes []     No [X]

 

Attachments:   Yes [X]     No []   

 

Public Notification:   (E-Mail) Meetings and Agendas - City Council (04/09/2026)  

 

Department Approval:   Stephen Agostini, Chief Financial Officer (04/09/2026)      _____________________________________________________________________

 

 

RECOMMENDATION

 

Staff recommends the City Council adopt a Resolution declaring an end to the fiscal emergency declared on April 4, 2025 (Attachment).

 

 

BACKGROUND/DISCUSSION

 

On April 14, 2025, the City Council declared a fiscal emergency based on the City Manager’s projections that, without a significant increase in revenue, the City would not be able to provide critical services to the public at satisfactory levels.  The voters approved a Transactions and Use tax increase of ¼ cent per dollar spent at a special election held on August 26, 2025. The City adopted Ordinance No. 2025-012 which amended Chapter 3.08 of the Culver City Municipal Code to establish that tax increase, which has since been implemented.

 

The City Manager recommends the City Council formally declare an end to the fiscal emergency based on this significant increase in tax revenue.

 

 

FISCAL ANALYSIS

 

There is no fiscal impact associated with declaring the end of to the fiscal emergency declared on April 4, 2025.

 

ATTACHMENTS

 

2026-04-13_ATT_Resolution Declaring End to Fiscal Emergency

 

 

recommended action

MOTION(S)

 

That the City Council:

                     

                     Adopt a Resolution declaring an end to the fiscal emergency declared on April 4, 2025.