E.2. UPDATE OF THE FISCAL YEAR 2024-25 YEAR-END BUDGET, FISCAL YEAR 2025-26 MID-YEAR BUDGET, PROGRESS ON WORK PLAN PRIORITIES, AND ORGANIZATIONAL CHANGES [J. ROCCO, O. JONES, K. BARENG, M. LINDLEY, S. PELOSO, J. JIMENEZ, R. NAPPER]: SUBJECT: The City Council will receive an update on the Fiscal Year 2024 25 year-end financial status and Fiscal Year 2025-26 mid-year budget status, including proposed mid-year budget adjustments, and a report of progress on departmental work plan priorities. The City Council will also consider approval of position changes, including adding one position and converting one vacant position.