City Council

4H. SUCCESSOR AGENCY RESOLUTIONS APPROVING THE RECOGNIZED\nOBLIGATION PAYMENT SCHEDULE (ROPS 24-25) AND ADMINISTRATIVE\nBUDGET FOR THE FISCAL PERIOD FROM JULY 1, 2024 THROUGH JUNE 30,\n2025\n— Recommended Action: 1) Adopt a resolution approving the Recognized\nObligation Payment Schedule (ROPS 24-25) for the period of July 1, 2024\nthrough June 30, 2025; 2) Adopt a resolution approving an administrative\nbudget from July 1, 2024 through June 30, 2025; and, 3) Forward ROPS 24-\n25 to the Countywide Oversight Board and State Department of Finance for\nreview and approval.