AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
CORONA HOUSING AUTHORITY ACTION
CORONA UTILITY AUTHORITY ACTION
CORONA PUBLIC FINANCING AUTHORITY
DATE: 6/21/2017
TO: Honorable Mayor/Chairman/President and City Council/Board Members
FROM: Administrative Services Department
SUBJECT:
Title
City Council Consideration of the Operational and Capital Budgets for Fiscal Year 2017-18 and Other Actions for Fiscal Year 2016-17
End
RECOMMENDED ACTIONS:
Recommended action
. That the:
1. City Council adopt Resolution No. 2017-055 adopting said City's budget for Fiscal Year 2017-18, Revised Budget Items and General Fund Budget Policies.
2. Corona Utility Authority adopt Resolution No. 2017-03 adopting said Authority's budget for Fiscal Year 2017-18, Revised Budget Items and Budget Policies.
3. Corona Housing Authority adopt Resolution No. 2017-03 adopting said Authority's budget for Fiscal Year 2017-18, Revised Budget Items and Budget Policies.
4. Corona Public Financing Authority adopt Resolution No. 2017-01 adopting said Authority's budget for Fiscal Year 2017-18, Revised Budget Items and Budget Policies.
5. City Council adopt Resolution No. 2017-056 adopting the annual appropriations limit for Fiscal Year 2017-18 and selecting the population and inflation factor accordingly.
6. City Council adopt Resolution No. 2017-048 approving the City of Corona Position Library and Compensation Plan and repealing prior Plans, including Resolution 2016-119.
7. City Council adopt Resolution No. 2017-057 Specifying the Terms of Repayment for a Previously Authorized Loan from the General Fund to the Park Development Fund for the Acquisition of Parkland and Repealing Resolution No. 2010-058.
8. City Council approve the following General Fund budget adjustments for Fiscal Year 2017-18:
a. Reduce the Library and Recreation Services operating budget by $50,814.
b. Reduce the Elected Officials budget by $11,400.
c. Reduce the revenue estimates for the After School Kids...
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