El Segundo

City Council

June 06, 2023 Item #12

Agenda Item 12

12. Public Hearing for Approval of Proposed FY 2023-2024 Citywide Operating\nBudget, Capital Improvement Program Budget, Gann Appropriations\nLimit, and Associated Financial Policies\nRecommendation -\n1. Conduct a public hearing.\n2. Adopt resolution approving the proposed FY 2023-2024 Citywide\noperating budget, capital improvement program budget, and Gann\nappropriations limit.\n7\n3. Approve various financial policies for FY 2023-2024 (general fund\nreserve policy, economic uncertainty reserve policy, Topgolf revenue\nallocation policy, unfunded actuarial liability policy, and inter-fund loan policy)\nas reflected in report exhibits 4 through 8.\n4. Alternatively, discuss and take other action related to this item.