Seal Beach

City Council

June 24, 2024 Item #L

Agenda Item L

L. Adopt the Fiscal Year 2024-25 Operating and Capital Improvement\nBudget, Set the Appropriations Limit for Fiscal Year 2024-25, Authorize\nthe Use of the Cost Recovery Schedule for Use in Fiscal Year 2024-25,\nand Approve the Fiscal Year 2024-25 Statement of Investment Policy -\nThat the City Council hold a public hearing and adopt Resolution 7540: 1.\nAdopting the Fiscal Year 2024-25 Operating and Capital Improvement Budget\nand authorizing actions in furtherance thereof; and, 2. Setting the\nAppropriations Limit for Fiscal Year 2024-25; and, 3. Authorizing the use of the\nCost Recovery Schedule in Fiscal Year 2024-25; and, 4. Approving the Fiscal\nYear 2024-25 Statement of Investment Policy and delegating implementation\nauthority to the Director of Finance/City Treasurer.\nUNFINISHED / CONTINUED BUSINESS