City Council

41. City Council/CDC/HDB: Adoption of resolutions for the following: (1) approving the Appropriation Limitation as required by Article XIII-B of the State Constitution, as modified by Proposition 111 for FY 2023-24; (2) approving the FY 2023-24 City of Oceanside Operating Budget; (3) approving the FY 2023-24 Measure X Operating Budget; (4) approving the FY 2023-24 City of Oceanside Capital Improvements Program Budget; (5) accepting the annual AB 1600 Compliance Report and making findings required by Government Code Section 66001 regarding the expenditure of Development Impact Fees; (6) approving the FY 2023-24 Community Development Commission Operating Budget; (7) approving the FY 2023-24 Small Craft Harbor District Operating Budget; (8) approving the FY 2023-24 Small Craft Harbor District Capital Improvements Program Budget; and (9) approval of a lump-sum prepayment to CalPERS estimated at $17.91 million for the City’s annual required Unfunded Liability contribution for both Safety and Miscellaneous Retirement Plans; prepayment will provide an estimated $598,772 in savings which will be directly applied to the City’s CalPERS Unfunded Liability 6 A) Mayor opens public hearing B) Mayor requests disclosure of Councilmember and constituent contacts and correspondence C) Clerk presents correspondence and/or petitions D) Testimony beginning with Jill Moya, Financial Services Director E) Recommendation – adopt the resolutions and approve the lump-sum payment to CalPERS