AGENDA REPORT
REQUEST FOR CITY COUNCIL ACTION
CORONA HOUSING AUTHORITY ACTION
CORONA UTILITY AUTHORITY ACTION
CORONA PUBLIC FINANCING AUTHORITY
DATE: 06/19/2019
TO: Honorable Mayor/Chairman/President and City Council/Board Members
FROM: Management Services and Administrative Services Departments
SUBJECT:
Title
City Council/Corona Housing Authority/Corona Utility Authority/Corona Public Financing Authority consideration of the Fiscal Year 2019-20 budget adoption
End
RECOMMENDED ACTION:
Recommended action
That the:
1. City Council adopt Resolution No. 2019-039 adopting said City's budget for Fiscal Year 2019-20, Revised Budget Items and Budget Policies.
2. Corona Utility Authority adopt Resolution No. 2019-041 adopting said Authority's budget for Fiscal Year 2019-20, Revised Budget Items and Budget Policies.
3. Corona Housing Authority adopt Resolution No. 2019-043 adopting said Authority's budget for Fiscal Year 2019-20, Revised Budget Items and Budget Policies.
4. Corona Public Financing Authority adopt Resolution No. 2019-042 adopting said Authority's budget for Fiscal Year 2019-20, Revised Budget Items and Budget Policies.
5. City Council adopt Resolution No. 2019-040 adopting the annual appropriations limit for Fiscal Year 2019-20 and selecting the population and inflation factor accordingly.
6. City Council adopt Resolution No. 2019-048 approving the City of Corona Position Library and Compensation Plan and repealing prior Plans, including Resolution No. 2018-118.
7. City Council and Corona Utility Authority approve the following budget adjustments for Fiscal Year 2019-20:
a. Increase the Maintenance Services' Department operating budget in the CFD 2001-01 Landscape Maintenance Fund 249 by $26,400 for additional landscaping on the easterly medians on Foothill Parkway.
b. Increase the Department of Water and Power's operating budget in the Electric Utility Fund 578 by $317,100 for electrical franchise fees.
c. Increase sales tax revenu...
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