City Council

4. A Public Hearing to Consider Resolutions Adopting the Budget for the City of Glendora for Fiscal Year\n2026-27, Adopting the Investment Policy for Fiscal Year 2026-27, Delegating Investment Authority, and\nDetermining and Establishing the GANN Appropriations Limit for Fiscal Year 2026-27\nRecommended Action for the City Council, Successor Agency, Housing Authority, and Public Financing\nAuthority:\nOpen and conduct the Public Hearing, accept the evidence and testimony presented, and in the absence of\nsubstantial testimony to the contrary, recommend that the City Council approve the following:\n— 1. Adopt a Joint Resolution entitled, "A JOINT RESOLUTION OF THE CITY COUNCIL, SUCCESSOR\nAGENCY, HOUSING AUTHORITY AND PUBLIC FINANCING AUTHORITY OF THE CITY OF GLENDORA,\nCALIFORNIA, ADOPTING THE BUDGET FOR THE CITY OF GLENDORA FOR FISCAL YEAR BEGINNING\nJULY 1, 2026 AND ENDING JUNE 30, 2027;"\n— 2. Adopt a City Council Resolution entitled, “A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nGLENDORA, CALIFORNIA, DETERMINING AND ESTABLISHING GANN APPROPRIATIONS LIMIT FOR\nFISCAL YEAR 2026-27 IN ACCORDANCE WITH ARTICLE XIII B OF THE CALIFORNIA CONSTITUTIONS\nAND GOVERNMENT CODE SECTION 7910;”\n— 3. Adopt a Joint Resolution entitled, “A RESOLUTION OF THE CITY COUNCIL AND SUCCESSOR\nAGENCY OF THE CITY OF GLENDORA, CALIFORNIA, ADOPTING THE ANNUAL STATEMENT OF\nINVESTMENT POLICY FOR THE FISCAL YEAR BEGINNING JULY 1, 2026 AND ENDING JUNE 30, 2027;”\n— 4. Adopt a Joint Resolution entitled, “A RESOLUTION OF THE CITY COUNCIL AND SUCCESSOR\nAGENCY OF THE CITY OF GLENDORA, CALIFORNIA, DELEGATING THE CITY INVESTMENT\nAUTHORITY TO THE CITY TREASURER;” and\n— 5. Adopt a City Council Resolution entitled, "A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF\nGLENDORA, CALIFORNIA, APPROVING AN AMENDMENT TO THE AUTHORIZED POSITION CONTROL\nLISTING AND THE CLASSIFICATION AND COMPENSATION PLAN FOR THE CITY OF GLENDORA."