City Council

1. FISCAL YEAR 2024-2025 MID-YEAR BUDGET ADJUSTMENTS - As the\norganization approaches the middle of the fiscal year, it is standard procedure to perform\na mid-year review of the City's budgetary and financial position to ensure any deviations\nfrom the initial budget projections are proactively addressed. Staff also reviews requests\nfor appropriations to address new priorities that are unfunded or under-funded.\nRECOMMENDED ACTION:\nCity Council and the City Council acting as Successor Agency to the Former\nRedevelopment Agency of the City of Santa Clarita:\n1. Adopt a resolution amending the budgets for Fiscal Year 2023-2024 and Fiscal Year\n2024-2025.