Glendora

City Council

June 11, 2024 Item #5

Agenda Item 5

NO. 1 FOR FISCAL YEAR 2024-25.”\n5. A Public Hearing to Consider Resolutions Adopting the Budget for the City of Glendora for\nFiscal Year 2024-25, Adopting the Investment Policy for Fiscal Year 2024-25, Delegating\nInvestment Authority, and Determining and Establishing the Gann Appropriations Limit for\nFiscal Year 2024-25\nCITY/AGENCY/AUTHORITY RECOMMENDATION: 1. Adopt a Joint Resolution entitled, "A\nJOINT RESOLUTION OF THE CITY COUNCIL, SUCCESSOR AGENCY, HOUSING\nAUTHORITY AND PUBLIC FINANCING AUTHORITY ADOPTING THE BUDGET FOR\nTHE CITY OF GLENDORA FOR FISCAL YEAR BEGINNING JULY 1, 2024 AND ENDING\nJUNE 30, 2025;" 2. Adopt a City Council Resolution entitled, “A RESOLUTION OF THE CITY\nCOUNCIL DETERMINING AND ESTABLISHING GANN APPROPRIATIONS LIMIT FOR\nFISCAL YEAR 2024-25 IN ACCORDANCE WITH ARTICLE XIII B OF THE CALIFORNIA\nCONSTITUTIONS AND GOVERNMENT CODE SECTION 7910;” 3. Adopt a Joint Resolution\nentitled, “A RESOLUTION OF THE CITY COUNCIL, SUCCESSOR AGENCY, HOUSING\nAUTHORITY AND PUBLIC FINANCING AUTHORITY AGENCY ADOPTING THE\nANNUAL STATEMENT OF INVESTMENT POLICY FOR THE FISCAL YEAR BEGINNING\nJULY 1, 2024 AND ENDING JUNE 30, 2025;” 4. Adopt a Joint Resolution entitled, “A\nRESOLUTION OF THE CITY COUNCIL, SUCCESSOR AGENCY, HOUSING AUTHORITY\nAND PUBLIC FINANCING AUTHORITY DELEGATING INVESTMENT AUTHORITY TO\nTHE CITY TREASURER;” and 5. Adopt a City Council Resolution entitled, "A RESOLUTION\nOF THE CITY COUNCIL APPROVING AN AMENDMENT TO THE AUTHORIZED\nPOSITION CONTROL LISTING AND THE CLASSIFICATION AND COMPENSATION\nPLAN FOR THE CITY OF GLENDORA."