City Council

4. Public Hearing to Consider Resolutions Adopting the Two-Year Budget of the City of Glendora for\nFiscal Years 2025-26 and 2026-27, Adopting the Investment Policy for Fiscal Year 2025-26, Delegating\nInvestment Authority, Establishing Job Classes, and Determining and Establishing the GANN\nAppropriations Limit for Fiscal Year 2025-26\nRecommended Action for the City Council, Successor Agency, Housing and Public Financing Authority:\n— 1. Adopt a Joint Resolution of the City Council, Successor Agency, Housing Authority and Finance\nAuthority entitled, "A JOINT RESOLUTION OF THE CITY COUNCIL, SUCCESSOR AGENCY, HOUSING\nAUTHORITY AND FINANCE AUTHORITY ADOPTING THE BUDGET FOR THE CITY OF GLENDORA FOR\nFISCAL YEAR BEGINNING JULY 1, 2025, AND ENDING JUNE 30, 2026, AND ADOPTING THE\nTENTATIVE BUDGET PLAN FOR FISCAL YEAR BEGINNING JULY 1, 2026, AND ENDING JUNE 30, 2027\n— 2. Adopt a City Council Resolution entitled, "A RESOLUTION OF THE CITY COUNCIL DETERMINING\nAND ESTABLISHING GANN APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2025-26 IN\nACCORDANCE WITH ARTICLE XIIIB OF THE CALIFORNIA CONSTITUTIONS AND GOVERNMENT\nCODE SECTION 4910\n— 3. Adopt a Joint Resolution of the City Council and Successor Agency, entitled, "A RESOLUTION OF THE\nCITY COUNCIL AND SUCCESSOR AGENCY ADOPTING THE ANNUAL STATEMENT OF INVESTMENT\nPOLICY FOR THE FISCAL YEAR BEGINNING JULY 1, 2025, AND ENDING JUNE 30, 2026\n— 4. Adopt a Joint Resolution of the City Council and Successor Agency, entitled, "A RESOLUTION OF THE\nCITY COUNCIL AND SUCCESSOR AGENCY DELEGATING INVESTMENT AUTHORITY TO THE CITY\nTREASURER\n— 5. Adopt a City Council Resolution entitled, "A RESOLUTION OF THE CITY COUNCIL APPROVING AN\nAMENDMENT TO THE AUTHORIZED POSITION CONTROL LISTING AND THE CLASSIFICATION AND\nCOMPENSATION PLAN FOR THE CITY OF GLENDORA