City Council

(35) 23-1204 COMMUNICATION FROM THE L.A. FOR KIDS STEERING COMMITTEE and RESOLUTION relative to the initiation of proceedings for the 2024-25 Proposition K Assessment. Recommendation for Council action: ADOPT the accompanying RESOLUTION, attached to the L.A. for Kids Steering Committee report dated October 26, 2023, attached to the Council file, to initiate proceedings for the 2024-25 Proposition K assessment which instructs the City Engineer to present a report to the City Council which describes the acquisition and capital improvements to parks and recreational and community facilities serving youth citywide to be undertaken in the upcoming fiscal year, pursuant to the Landscaping and Lighting Act of 1972. Fiscal Impact Statement: The L.A. for Kids Steering Committee reports that approval of the recommended action will initiate proceedings to levy the annual $25 million Proposition K assessment which will be used to fund acquisitions and capital improvements to parks and recreational and community facilities serving youth citywide. There is no immediate impact on the General Fund that would occur as a result of the recommended action. However, there is a potential future impact to the extent that Proposition K funds are not sufficient to fully fund the remaining projects specified in the 1996 Ballot Measure. Any additional impact to fund operations and maintenance costs would be addressed through future City Budgets as projects are completed.