City Council

3. A Public Hearing to Consider a Joint Resolution Adopting the Two-Year Budget of the City of\nGlendora for Fiscal Years 2023-24 and 2024-25, adopting the Investment Policy for Fiscal Year\n2023-24, Delegating Investment Authority, Establishing Job Classes and Determining and\nEstablishing the Gann Appropriations Limit for Fiscal Year 2023-24 (Strategic Plan Goal 2 –\nMaintain Fiscal Stability and Sustainability)\nCITY/AGENCY/AUTHORITY RECOMMENDATION: 1. Adopt a Joint City Council\nResolution entitled, "A JOINT RESOLUTION ADOPTING THE BUDGET FOR THE CITY OF\nGLENDORA FOR FISCAL YEAR BEGINNING JULY 1, 2023, AND ENDING JUNE 30,\n2024, AND ADOPTING THE TENTATIVE BUDGET PLAN FOR FISCAL YEAR\nBEGINNING JULY 1, 2024, AND ENDING JUNE 30, 2025;" 2. Adopt a City Council\nResolution entitled, "A RESOLUTION DETERMINING AND ESTABLISHING GANN\nAPPROPRIATIONS LIMIT FOR THE FISCAL YEAR 2023-24 IN ACCORDANCE WITH\nARTICLE XIIIB OF THE CALIFORNIA CONSTITUTIONS AND GOVERNMENT CODE\nSECTION 4910;" 3. Adopt a Joint Resolution of the City Council and Successor Agency, entitled,\n"A RESOLUTION OF THE CITY COUNCIL AND SUCCESSOR AGENCY ADOPTING THE\nANNUAL STATEMENT OF INVESTMENT POLICY FOR THE FISCAL YEAR BEGINNING\nJULY 1, 2023, AND ENDING JUNE 30, 2024;" 4. Adopt a Joint Resolution of the City Council\nand Successor Agency, entitled, "A RESOLUTION OF THE CITY COUNCIL AND\nSUCCESSOR AGENCY DELEGATING INVESTMENT AUTHORITY TO THE CITY\nTREASURER;" and 5. Adopt a Joint City Council Resolution entitled, "A RESOLUTION\nAPPROVING AN AMENDMENT TO THE AUTHORIZED POSITION CONTROL LISTING\nAND THE CLASSIFICATION AND COMPENSATION PLAN FOR THE CITY OF\nGLENDORA."