Diamond Bar
City Council
Agenda Item 1
7.1 ADOPTION OF THE FISCAL YEAR 2023/24 CITY OPERATING\nBUDGET AND CAPITAL IMPROVEMENT PROGRAM, INCLUDING\nESTABLISHMENT OF THE APPROPRIATIONS LIMIT, EMPLOYEE\nCOMPENSATION PLAN, PERSONNEL RULES, AND INVESTMENT\nPOLICY.\nRecommended Action:\nA. Adopt Resolution No. 2023-16 approving the FY 2023/24 City\nOperating Budget and Capital Improvement Program;\nB. Adopt Resolution No. 2023-17 establishing the appropriations limit\nfor FY 2023/24 in the amount of $59,112,083;\nC. Adopt Resolution No. 2023-18 amending the City’s Personnel\nRules and Regulations;\nD. Adopt Resolution No. 2023-19 establishing the compensation plan,\nsalary ranges and fringe benefits for all employee classifications;\nand\nE. Adopt Resolution No. 2023-20 approving the FY 2023/24\nInvestment Policy.\nRequested by: Finance Department