City Council

Item 200: Recognized Obligation Payment Schedule (ROPS) for Fiscal Year 2024-2025.\nThis item will be considered in the afternoon session which is scheduled to begin at\n2:00 p.m.\nTotal Estimated Cost of Proposed Action and Funding Source:\nThis action will approve the Eighteenth Recognized Obligation Payment Schedule\n(ROPS) for July 1, 2024, through June 30, 2025 (ROPS 18), also known as ROPS 24-25.\nAnother action will approve the administrative budget. There are no new line items added\nto the ROPs 18. There are no General Fund monies and the obligations for former\nredevelopment RPTTF funds will be recognized by the annual budget actions for HUD\nfunds/CDBG Program Income this spring ($15M).\nCouncil District(s) Affected: Citywide.\nProposed Actions:\n(R-2024-268)\nResolution approving the eighteenth Recognized Obligation Payment Schedule for July 1,\n2024, through June 30, 2025 (ROPS 18), approving an administrative budget for the\nROPS 18 fiscal year, and authorizing the Mayor and Chief Financial Officer to carry out\ncertain related actions.\nCommittee Actions Taken: N/A\nEconomic Development: Christina Bibler, (619) 236-6493\nCity Attorney Contact: Kevin Reisch