Monterey Park
City Council
3-D. RESOLUTION ADOPTING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE AND
ADMINISTRATIVE BUDGET FOR JULY 1, 2024 – JUNE 30, 2025
It is recommended that the City Council consider:
(1) Adopting a resolution approving the Recognized Obligation Payment Schedule (ROPS 24-
25 A&B) for the period between July 1, 2024 – June 30, 2025; and
(2) Approving the Successor Agency Administrative Budget for July 1, 2024 – June 30, 2025;
(3) Directing staff to post and transmit the ROPS and Administrative Budget to the appropriate
public agencies; and
(4) Taking such additional, related, action that may be desirable.