Bell Gardens

City Council

December 11, 2023 Item #7

Agenda Item 7

7. SUCCESSOR AGENCY APPROVAL OF THE RECOGNIZED OBLIGATION PAYMENTS\nSCHEDULE 2024-25 AND THE JULY 1, 2024 – JUNE 30, 2025 ADMINISTRATIVE\nBUDGET\nAgenda item to present the ROPS 2024-25 and the fiscal year 2024-2025 Administrative Budget\nto the Successor Agency with a recommendation to adopt a resolution approving the ROPS 2024-\n2025 and the fiscal year 2024-2025 Administrative Budget.\nRecommendation:\nIt is staff's recommendation that the Successor Agency (SA) by motion adopt the attached\nResolution approving:\n1. Recognized Obligations Payment Schedule 24-25 (ROPS 24-25) which details the\nobligations of the SA for the period July 1, 2024 through June 30, 2025; and\n2. Proposed Administrative Budget for July 1, 2024 through June 30, 2025.