Diamond Bar

City Council

June 04, 2024 Order of Business 7 #1

Agenda Item 1

7.1 ADOPTION OF THE FISCAL YEAR 2024/25 CITY OPERATING\nBUDGET AND CAPITAL IMPROVEMENT PROGRAM, INCLUDING\nESTABLISHMENT OF THE APPROPRIATIONS LIMIT, EMPLOYEE\nCOMPENSATION PLAN AND INVESTMENT POLICY.\nRecommended Action:\nA. Adopt Resolution No. 2024-18 approving the FY 2024/25 City\nOperating Budget and Capital Improvement Program;\nB. Adopt Resolution No. 2024-19 establishing the appropriations limit for\nFY 2024/25 in the amount of $61,282,567;\nC. Adopt Resolution No. 2024-20 establishing the compensation plan,\nsalary ranges and fringe benefits for all employee classifications; and\nD. Adopt Resolution No. 2024-21 approving the FY 2024/25 Investment\nPolicy.\nRequested by: