Regular Governing Body Meeting - Last Wednesday — Wed, Jul 29, 2026 · 9.x CONSIDERATION OF RESOLUTION NO. 2026-____. (Mayor Michael Garcia). A Resolution Approving Budget Amendments and Associated New Mexico Department of Finance and Administration/ Local Government Division Schedules Summarizing the Fourth Quarter Amendments and Requesting that the New Mexico Department of Finance and Administration Approve the City of Santa Fe’s Fourth Quarter Budget Amendments for Fiscal Year 2026. (Christina Martinez, Senior Budget Analyst; cfmartinez@santafenm.gov, Andrew Hopkins, Budget Officer; ajhopkins@santafenm.gov) Committee Review: Public Works and Utilities Committee (Introduction): 07/20/2026 Quality of Life Committee: 07/22/2026 Finance Committee: 07/27/2026 Governing Body: 07/29/2026
FIR No. 10768.1 FISCAL IMPACT REPORT General Information: (Check) Bill: Resolution: X Short Title(s): Fourth Quarter Budget Amendments, Fiscal Year 2025/2026 Sponsor(s): Mayor Michael Garcia Reviewing Department(s): Finance Department Staff Completing FIR: Christina Martinez Date: 7/6/2026 Phone: (505) 629-3063 Reviewed by City Attorney: Date: Reviewed by Finance Director: Date: Summary: The purpose of the Resolution is to approve City of Santa Fe, Buckman Direct Diversion, and Santa Fe Solid Waste Management Agency budget adjustments and associated Department of Finance and Administration/Local Government Division supporting schedules and request Department of Finance Authority to approve Fourth Quarter FY 2026 budget amendments in the form of increases and decreases to various funds, which include adjustments for department priorities, grant adjustments, prior year encumbrances, and increases supported by available revenue. Departments Affected: Various. Consequences of Not Enacting Legislation: If this legislation is not adopted, the City’s budget will not sufficiently reflect the City’s actual revenues and expenditures. Adjustments would not be submitted to the New Mexico Department of Finance Administration’s approval, as is required by New Mexico State law, NMSA 1978, Section 6-6-2(H). Conflict, Duplication, Companionship, or Relationship to Other Legislation: None. Performance and Administrative Implications: None. Staff have already performed the necessary actions to comport with the purpose of the proposed budget amendments. Fiscal Implications: See Resolution, Exhibit A –City of Santa Fe 4th Quarter FY 2025-26 Budget Amendments. Fiscal Impact Check here if no fiscal impactMarcos Martinez (Jul 8, 2026 15:17:12 MDT) Marcos Martinez07/08/202607/09/2026 Expenditures Expenditure Type FYE 26 FYE 27 FYE 28 Require BAR (Y/N) Recurring (R) or Non- recurring (NR) Fund 3-Year Total Cost Personnel and Benefits* $ † $ 0 $ 0 N NR † Capital Outlay $ † $ 0 $ 0 N NR † Contractual/ Professional Services $ † $ 0 $ 0 † Operating $ † $ 0 $ 0 † Total: $ † $ 0 $ 0 † $ † * This includes all staff time associated with executing the job functions of the proposed legislation. Expenditure Narrative: Governing Body approval is required for all of the previous quarter’s changes to budgeted expenditures and transfers out. Revenue Revenue Type FYE 26 FYE 27 FYE 28 Recurring (R) or Non-recurring (NR) Fund General Fund $ † $ 0 $ 0 NR † Special Revenue $ † $ 0 $ 0 NR † CIP $ † $ 0 $ 0 NR † Enterprise $ † $ 0 $ 0 NR † Internal Service $ † $ 0 $ 0 NR † Trust & Agency $ † $ 0 $ 0 NR † Federal $ † $ 0 $ 0 NR † Other $ † $ 0 $ 0 NR † Total $ † $ 0 $ 0 Revenue Narrative: Governing Body approval is required for all of the previous quarter’s changes to budgeted revenues and transfers in. † See Exhibit A – Resolution Detail by Fund