Monterey Park

City Council

November 19, 2025 Order of Business 9 #A

Agenda Item A

9.A. Resolution Adopting the Recognized Obligation Payment Schedule and\nAdministrative Budget for July 1, 2026 – June 30, 2027\nIt is recommended that the City Council consider:\n1. Adopting a resolution approving the Recognized Obligation Payment Schedule\n(ROPS 26-27 A&B) for the period between July 1, 2026 – June 30, 2027;\n2. Approving the Successor Agency Administrative Budget for July 1, 2026 – June 30,\n2027;\n3. Directing the City Manager, or designee, to post and transmit the ROPS and\nAdministrative Budget to the appropriate public agencies; and\n4. Taking such additional, related, action that may be desirable.