PROJECTBUDGET PLANNING

General Fund surplus allocations

City of Claremont
Detected
Oct 27, 2026
11 days ago
Sector
Administration & Finance
Est. value
Free account
Detected 11 days agoOct 27

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From the meeting

At its October 27, 2026 meeting, the City Council reviewed the unaudited 2025-26 General Fund update and a proposed allocation of the $3,239,993 surplus. Staff recommended $688,415 for reserves, $1,000,000 for an additional discretionary CalPERS payment, $500,000 for the Section 115 Pension Trust, $450,000 for a permit and business license software implementation project, and the remaining surplus to the Equipment and Facility Revolving Reserve. The report said the permit and business license systems were outdated and near end of life.

Meeting date
October 27, 2026
Agency
City of Claremont

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