TO: Honorable Mayor and Members of the City Council
FROM: Rose Tam, Director of Finance
DATE: June 19, 2024
SUBJECT: Public Hearing and Adoption of Resolution No. 2024-021 of the City Council of the City of Baldwin Park Confirming the Advisory Committee’s Report and Levying the Assessment in the Baldwin Park Citywide Business Improvement District for Fiscal Year 2024-25
SUMMARY
The purpose of this staff report is for City Council to initiate the annual approval of the Business Improvement Tax (BIT) Assessment budget, set the assessment rates for FY 2024 -25, and hold a public hearing for its consideration and approval.
RECOMMENDATION
Staff recommends that the City Council:
1. Hold a Public Hearing and after considering testimony, adopt Resolution No. 2024-021, entitled “A
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK, CONFIRMING THE ADVISORY COMMITTEE’S REPORT AND LEVYING THE ASSESSMENT IN THE BALDWIN PARK CITYWIDE BUSINESS IMPROVEMENT DISTRICT FOR FISCAL YEAR 2024- 2025”; and
2. Approve the FY 2024-25 BIT budget allocation.
FISCAL IMPACT
Upon the adoption of the resolution to levy the assessment and approval of the recommended FY 2024 -25 BIT budget, the City will be enabled to collect and fund city community events and programs. This will result in a savings to the General Fund of approximately $157,106 depending on the collection of the BIT.
BACKGROUND
BIT Assessment
In 1989, the City Council approved Ordinance 842 which established a City Business Improvement District (BID) that allows for an assessment (or surcharge) on each business license between 60 to 90 percent of the Business License Fees. The ordinance requires the Advisory Committee to recommend an annual budget; and State Law requires that a public hearing be held to adopt the resolution levying the assessment.
The Ordinance indicates that the funds can be used only for the following purposes:
1) Decoration of any public place
2) Promotion of public events which are to take place in the City 3) Furnishing of music in any public place
4) The general promotion of business activities
BIT Budget
At the City Council Meeting of March 2, 2016, the City Council approved the designation of the Executive Team as the Business Improvement Advisory Committee. The Business Improvement Advisory Committee met on May 23, 2024, to discuss programs/projects for FY 2024-25 and the estimated cost and budget allocation. In attendance were the Chief Executive Officer, Director of Finance, Police Chief, Director of Public Works, Director of Recreation and Community Services, Director of Community Development.
Listed below is the FY 2024-25 budget recommended by the Advisory Committee:
In accordance with California Streets & Highways Code, Section 36533(b), the City Council must approve the report and direct it to be filed in the Office of the City Clerk.
Resolution of Holding a Public Hearing for Adoption of Levy
In addition to approving the annual report, California Streets & Highways Code, Section 36535 requires the City Council to hold a public hearing, at the conclusion of the public hearing, the city council may adopt a resolution confirming the report as originally filed or as changed by it. The adoption of the resolution shall constitute the levy of an assessment for the fiscal year referred to in t he report. The Public Hearing Notice was posted as required.
ALTERNATIVES
The City Council may opt to fund the costs in a different manner than recommended as alternatives given above.
LEGAL REVIEW
The City Attorney has reviewed and approved this report.
ATTACHMENTS
1. Resolution No. 2024-021
2. Attachment “A”
RESOLUTION NO. 2024-021
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK CONFIRMING THE ADVISORY COMMITTEE’S REPORT AND
LEVYING THE ASSESSMENT IN THE BALDWIN PARK CITYWIDE
BUSINESS IMPROVEMENT DISTRICT FOR FISCAL YEAR 2024-2025
WHEREAS, the City Council has previously ordered the formation of the Citywide Business Improvement Area (the “Area”) pursuant to the terms and provisions of the Parking and Business Improvement Area Law of 1979, which has been superseded and replaced by the Parking and Business improvements Area Law of 1989, being Part 6 of Division 18 of the Streets and Highway Code of the State of California (Section 36500 et seq.) (The “Law”); and
WHEREAS, the City Council approved Ordinance No. 842 in 1989 which established the Area and allows for the levy of assessments for the Area, in accordance with the Law; and
WHEREAS, the City Council has appointed an Advisory Committee for the purpose of making recommendations to the City Council on the expenditure of revenue derived from the levy of assessments, on the classification of businesses, and of the method of basis of levying the assessments pursuant to the Law; and
WHEREAS, the Advisory Committee, comprised of the Baldwin Park Executive Team has made recommendations for Fiscal Year 2024-25 for which assessments are to be collected to pay the costs of improvements and activities described in ATTACHMENT “A”; and
WHEREAS, The City Council did give notice of the time and place for the public hearing on the question of the levy of the proposed assessment; and
WHEREAS, at this time, the City Council has heard all testimony and evidence, and is desirous of proceeding with the levy of an annual assessment for said Area.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The above recitals are all true and correct.
Section 2. The City Council hereby orders the programs and activities to be carried out as set forth in the Advisory Committee’s recommendations in ATTACHMENT “A” and orders the annual levy to the Area as shown and set forth and described in said Report as Resolution of Intention.
Section 3. The Assessment as set forth and contained in said Report is hereby confirmed and adopted.
Section 4. The adoption of this Resolution constitutes the levy of the assessment for the Fiscal Year commencing July 1, 2024 and ending June 30, 2025.
Section 5. The estimates of costs, the assessments, and all other matters as set forth in the Advisory Committee’s Report pursuant to the Law, are hereby approved and adopted by the City Council and hereby confirmed.
Section 6. Written protests were not received from the owners of businesses in the area which will pay the assessments indicated in Ordinance No. 842.
Section 7. A copy of the Advisory Committee’s Report and the system of charges, including the classifications of businesses and the amount of the annual charges shall be filed in the Office of the City Clerk and open for public inspection.
PASSED, APPROVED, AND ADOPTED this 19th day of June, 2024.
EMMANUEL J. ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 2024-021 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024 and that the same was adopted by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
____________________
CHRISTOPHER SAENZ
CITY CLERK
City of Baldwin Park
CITYWIDE BUSINESS IMPROVEMENT FEES
FISCAL YEAR 2024-25
BUSINESS IMPROVEMENT ADVISORY COMMITTEE’S REPORT
Method and Basis for Levy of Assessment
Area assessments are based upon a percentage of the regular business license tax.
The percentage differs by the Class of business and relates to the benefit each class derives from the improvements and activities in the area. The assessments are listed below: based on ordinance No. 842:
Class A Business 60% *
Class B Business 75% *
Class C Business 90% *
A full description of the types of business in each class and certain except businesses are provided in Ordinance No. 842. No annual charge levied in accordance with this assessment shall exceed $450.
* The assessment rates remain unchanged from the prior year.
ATTACHMENT “A”
22,225
135,200
157,425$
Cost Allocated
13,206$
27,000$
22,000$
18,000$
53,900$
23,000$
157,106$
319$
4th of July (Professional Services/Pyro Spectaculars Inc.) Downtown Street Market (Contract Services/Entertainments) Projected Expenditures
Media Outreach (Consultant Services/Promote business & public events) Projected Surplus/ (Deficit) as of June 30, 2025
City of Baldwin Park
Fiscal Year 2024-25 Proposed Budget
Total Projected FY 2024-25 Expenditures
Consultant Services for BP Now
BUSINESS IMPROVEMENT TAX (FUND #230)
Projected Fund Balance as of June 30, 2024
Projected Revenue from FY 2024-25
Total Projected Available Fund Balance for FY 2024-25
Admin Costs for General Promotion of Business Activities & Public Events Concerts in the Park (Contract Services/Entertainments)
STAFF REPORT
ITEM NO. _____19____
TO: Honorable Mayor and Members of the City Council
FROM: Sam Gutierrez, Director of Public Works
PREPARED BY: Lena Abdullah, Management Analyst
DATE: June 19, 2024
SUBJECT: Public Hearing and Adoption of Resolution No. 2024 -025, Ordering the Assessments for the Citywide Landscaping and Lighting Maintenance Assessment District for FY 2024-2025
SUMMARY
The Purpose of this report is to outline the required Public Hearing and subsequent adoption of a resolution ordering the annual levy and collection of assessments related to the Citywide Landscaping and Lighting Maintenance District, FY2024-2025 (LLMD or District).
RECOMMENDATION
It is recommended that the City Council hold a Public Hearing, and after considering testimony, adopt Resolution No. 2024-025, entitled “A Resolution of The City Council of The City of Baldwin Park, California, Ordering the Annual Levy and Collection of Assessment Associated with Citywide Landscaping and Lighting Maintenance Assessment District for FY2024 -2025, and Authorizing the Los Angeles County Assessor to Add this Special Assessment to the Property Tax Bills.”
FISCAL IMPACT
The District’s anticipated revenue and expenditures were estimated at the time of the preparation of the Engineer’s Report and presented to the City Council and subsequently approved on June 5, 2024. The total cost of the District for FY 2024-2025 is estimated to be $2,772,676. The City anticipates revenue of $2,332,673 from the FY 2024 - 2025 LLMD. These will be included in the FY 2024-25 proposed budget.
BACKGROUND
Over the last decade, the District has been utilized to cover the costs of providing maintenance and improvements to the street lighting, traffic signal, and landscaping operations within the public right -of- way. The typical assessment has remained for over 22 years.
On May 28, 2024, the City’s consultant, Community Economic Solutions, submitted the Preliminary Engineer’s LLMD Report for FY 2024 -25. Staff reviewed the report and presented it to the City Council for consideration and approval.
On June 5, 2024, the City Council adopted Resolution No. 2024 -014 which approved the Engineer’s Report for the LLMD, declared its intent to levy and collect assessments, and set a date and time for the public hearing for June 19, 2024. The Public Hearing notice was posted as required.
DISCUSSION
For Fiscal Year 2024-25, the LLMD is proposed to generate revenue of approximately $2,332,673, while the cost of maintenance is estimated at $2,772,676. The difference of $440,003 will be covered with the beginning fund balance of $738,455. The projected fund balance for the end of FY 2024-25 is $298,452. Adoption of Resolution 2024-025 constitutes the levy of the assessments for the fiscal year commencing July 1, 2024, and ending June 30, 2025.
ALTERNATIVES
None.
CEQA REVIEW
The action being considered by the City Council is exempt from the California Environmental Quality Act (CEQA) because it is not a “project” under Section 15378(b)(5) of CEQA Guidelines. The action involves an organizational or administrative activity of government that will not result in the direct or indirect physical change in the environment.
LEGAL REVIEW
This report and resolution have been reviewed and approved by the City Attorney as to form.
ATTACHMENTS
1. Resolution No. 2024-025
2. Public Hearing Notice
RESOLUTION NO. 2024-025
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK,
CALIFORNIA, ORDERING THE ANNUAL LEVY AND COLLECTION OF
ASSESSMENTS ASSOCIATED WITH THE CITYWIDE LANDSCAPING AND LIGHTING MAINTENANCE ASSESSMENT DISTRICT FOR FY202 4-2025,
AND AUTHORIZING THE LOS ANGELES COUNTY ASSESSOR TO ADD
THIS SPECIAL ASSESSMENT TO THE PROPERTY TAX BILLS.
WHEREAS, the City Council has previously ordered the formation of LANDSCAPING AND LIGHTING MAINTENANCE DISTRICT No. 2007 - 1(hereinafter referred to as the “DISTRICT”) pursuant to the terms and provisions of the “Landscaping and Lighting Act of 1972” being Part 2 of Division 15, of the California Streets and Highway Code; and
WHEREAS, the City Council has adopted Resolution No. 202 4-014 approving the Engineer’s Report pursuant to the Provisions of Division 15, Part 2 of the Streets and Highways Code and Article XIIID of the State Constitution, declaring its intention to order the annual levy and collection of assessments, and giving notice of the time and place for a Public Hearing on the questions of the levy of the proposed assessments; and
WHEREAS, the City Council has heard all testimony and evidence, and is desirous of proceeding with the levy of annual assessments for the District.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF
BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS
FOLLOWS:
SECTION 1. That the above recitals are all true and correct.
SECTION 2. That the City Council hereby orders the maintenance work performed on the District as set forth in the Engineer’s Report for FY2024-2025, and orders the annual levy and collection of assessment of the District as shown and set forth as described in said report and declaration of intention.
SECTION 3. That the adoption of this Resolution constitutes the levy of the assessments for the fiscal year commencing July 1, 202 4, and ending June 30, 2025.
SECTION 4. That the Los Angeles County Assessor, which collects assessments on the City’s behalf, shall enter on the Assessment Roll the amount of the assessments, and said assessments shall be collected and the net amount of the assessments shall be paid to the City Treasurer of the City of Baldwin Park.
SECTION 5. That the City Treasurer has established a special fund known as the “CITY OF BALDWIN PARK CITYWIDE LANDSCAPING AND LIGHTING DISTRICT FUND” into which the City Treasurer shall place all monies collected by the Tax Collector pursuant to the provisions of this Resolution.
SECTION 6. That a certified copy of the assessment and diagram shall be filed in the office of the City Engineer and a certified copy of the diagram and assessment roll filed with the Los Angeles County Assessor, together with a certified copy of this resolution upon its adoption.
SECTION 7. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED, AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS:
CITY OF BALDWIN PARK )
I, Christopher Saenz, City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 2024-025 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024, and that the same was adopted by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
Advertising Order Confirmation 2:37:36PM06/06/24
Ad Order Number Customer
0011673817 CITY OF BALDWIN PARK
Payor Customer PO Number
CITY OF BALDWIN PARK 2018 public notice
Sales Representative Customer Account Payor Account Ordered By Mikki Almeida 5007661 5007661 Suzie
Order Taker Customer Address Payor Address Customer Fax Mikki Almeida MARTHA ALVAREZ
14403 E. PACIFIC AVE
MARTHA ALVAREZ
14403 E. PACIFIC AVE
BALDWIN PARK, CA 91706 BALDWIN PARK, CA 91706
[email protected] Source Customer EMailPayor PhoneCustomer PhoneOrder Source
Current Queue Invoice Text
Ready
Tear Sheets Affidavits Blind Box Materials Promo Type Special Pricing 0 0
Ad Number Production NotesProduction MethodAd AttributesProduction ColorColorAd Size AdBooker0011673817-01 4 X 41 Li
External Ad Number Ad TypePick Up Released for Publication Legal Liner
Product Run Dates # InsertsRequested Placement Requested Position SGV Newspapers:Full Run 06/08/24Legals CLS NoticeForBids - 1076~ 1
STAFF REPORT
ITEM NO. ____20____
TO: Honorable Mayor and Members of the City Council
FROM: Sam Gutierrez, Director of Public Works
PREPARED BY: Lena Abdullah, Management Analyst
DATE: June 19, 2024
SUBJECT: Public Hearing and Adoption of Resolution No. 2024 -024, Ordering the Assessments for the Citywide Park Maintenance Assessment District for FY2024-2025.
SUMMARY
The Purpose of this report is to outline the required Public Hearing and subsequent adoption of a resolution ordering the annual levy and collection of assessments related to the Citywide Park Maintenance Assessment District for FY2024-2025.
RECOMMENDATION
It is recommended that the City Council hold a Public Hearing and after considering testimony, adopt Resolution No. 2024-024 entitled “A Resolution of The City Council of The City of Baldwin Park, California, Ordering the Annual Levy and Collection of Assessment Associated with the Citywide Park Maintenance Assessment District for FY2024-2025, and Authorizing the Los Angeles Co unty Assessor to Add this Special Assessment to the Property Tax Bills.”
FISCAL IMPACT
The District’s anticipated revenue and expenditures were estimated at the time of the preparation of the Engineer’s Report and presented to the City Council and subsequently approved on June 5, 2024. The City Park Maintenance District (PMD) revenue for FY2024 -2025 is estimated at $903,552. The revised estimated expenditure is $1,128,203 with a transfer of $224,651 from General Fund to cover the difference. These amounts are included in the proposed FY 2024-25 budget.
BACKGROUND
The purpose of the Citywide Park Maintenance Assessment District is to serve as mechanism for the financing of operations and maintenance associated with City Parks. It is recommended that the City continue these parks maintenance programs and fund them through special assessments provided by the PMD.
In 1996, City of Baldwin Park property owners approved the formation of a Park Maintenance Assessment District to financially support these programs, and the PMD’s formation was established in conformance with proposition 218.
DISCUSSION
On June 5, 2024, the City Council adopted Resolution No. 2024 -015 which approved the Engineer’s Report for the PMD, declared its intent to levy and collect assessments, and set a date and time for the public hearing as June 19, 2024. The Public Hearing notice was posted as required.
ALTERNATIVES
None
CEQA REVIEW
The action being considered by the City Council is exempt from the California Environmental Quality Act (CEQA) because it is not a “project” under Section 15378(b)(5) of CEQA Guidelines. The action involves an organizational or administrative activity of government that will not result in the direct or indirect physical change in the environment.
LEGAL REVIEW
This report and resolution have been reviewed and approved by the City Attorney as to form.
ATTACHMENTS
1. Resolution No. 2024-024
2. Public Hearing Notice
RESOLUTION NO. 2024-024
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK,
CALIFORNIA, ORDERING THE ANNUAL LEVY AND COLLECTION OF
ASSESSMENTS ASSOCIATED WITH THE CITYWIDE PARK
MAINTENANCE ASSESSMENT DISTRICT FOR FY202 4-2025, AND
AUTHORIZING THE LOS ANGELES COUNTY ASSESSOR TO ADD THIS SPECIAL ASSESSMENT TO THE PROPERTY TAX BILLS.
WHEREAS, the City Council has previously ordered the formation of PARK MAINTENANCE ASSESSMENT DISTRICT FY202 4-2025 (hereinafter referred to as the “DISTRICT”) pursuant to the terms and provisions of the “Landscaping and Lighting Act of 1972” being Part 2 of Division 15, of the California Streets and Highway Code; and
WHEREAS, the City Council has adopted Resolution No. 202 4-015 approving the Engineer’s Report pursuant to the Provisions of Division 15, Part 2 of the Streets and Highways Code and Article XIIID of the State Constitution, declaring its intention to order the annual levy and collection of assessments, and giving notice of the time and place for a Public Hearing on the questions of the levy of the proposed assessments; and
WHEREAS, the City Council has heard all testimony and evidence, and is desirous of proceeding with the levy of annual assessments for the District.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF
BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS
FOLLOWS:
SECTION 1. That the above recitals are all true and correct.
SECTION 2. That the City Council hereby orders the maintenance work performed on the District as set forth in the Engineer’s Report for FY2024-2025, and orders the annual levy and collection of assessment of the District as shown and set forth and described in said report and declaration of intention.
SECTION 3. That the adoption of this Resolution constitutes the levy of the assessments for the fiscal year commencing July 1, 202 4, and ending June 30, 2025.
SECTION 4. That the Los Angeles County Assessor, which collects assessments on the City’s behalf, shall enter on the Assessment Roll the amount of the assessments, and said assessments shall be collected and the net amount of the assessments shall be paid to the City Treasurer of the City of Baldwin Park.
SECTION 5. That the City Treasurer has established a special fund known as the “CITY OF BALDWIN PARK CITYWIDE MAINTENANCE DISTRICT FUND” into which the City Treasurer shall place all monies collected by the Tax Collector pursuant to the provisions of this Resolution.
SECTION 6. That a certified copy of the assessment and diagram shall be filed in the office of the City Engineer and a certified copy of the diagram and assessment roll filed with the Los Angeles County Assessor, together with a certified copy of this resolution upon its adoption.
SECTION 7. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED, AND ADOPTED this 19th day of June 2024.
__________________
EMMANUEL J. ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS:
CITY OF BALDWIN PARK )
I, Christopher Saenz, City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 2024-024 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024, and that the same was adopted by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
_________________________
CHRISTOPHER SAENZ
CITY CLERK
Advertising Order Confirmation 2:37:36PM06/06/24
Ad Order Number Customer
0011673817 CITY OF BALDWIN PARK
Payor Customer PO Number
CITY OF BALDWIN PARK 2018 public notice
Sales Representative Customer Account Payor Account Ordered By Mikki Almeida 5007661 5007661 Suzie
Order Taker Customer Address Payor Address Customer Fax Mikki Almeida MARTHA ALVAREZ
14403 E. PACIFIC AVE
MARTHA ALVAREZ
14403 E. PACIFIC AVE
BALDWIN PARK, CA 91706 BALDWIN PARK, CA 91706
[email protected] Source Customer EMailPayor PhoneCustomer PhoneOrder Source
Current Queue Invoice Text
Ready
Tear Sheets Affidavits Blind Box Materials Promo Type Special Pricing 0 0
Ad Number Production NotesProduction MethodAd AttributesProduction ColorColorAd Size AdBooker0011673817-01 4 X 41 Li
External Ad Number Ad TypePick Up Released for Publication Legal Liner
Product Run Dates # InsertsRequested Placement Requested Position SGV Newspapers:Full Run 06/08/24Legals CLS NoticeForBids - 1076~ 1
STAFF REPORT
ITEM NO. ____21____
TO: Honorable Mayor/ Chair and Members of the City Council for the City of Baldwin Park, Financing Authority, Municipal Financing Authority, Housing Authority, and Successor
Agency
FROM: Enrique C. Zaldivar, Chief Executive Officer
Rose Tam, Director of Finance
DATE: June 19, 2024
SUBJECT: Public Hearing and Adoption of the Budget for Fiscal Year 2024-25 for the City, Finance Authority, Municipal Financing Authority, Housing Authority and Successor Agency
SUMMARY
The Mayor and the City Council are required to adopt a budget annually for each fiscal year for the City and hold a public hearing for its consideration and approval. In addition, they must also adopt budgets for the Financing Authority, Municipal Financing Authority, H ousing Authority, and the Successor Agency to the Dissolved Community Development Commission, where they also sit as Board Members. Attached is the proposed budget for fiscal year 2024-25 and the resolutions which approve the adoption of the budget. The c apital improvement projects (CIP) proposed budget for fiscal year 2024-25 is not included and will be presented at a later date.
RECOMMENDATION
Staff recommends that the City Council open a public hearing, and following the public hearing, adopt the fiscal year 2024-25 Budget for:
• City of Baldwin Park by Resolution No. 2024-027, and
• Finance Authority by Resolution No. FA 2024-001, and
• Municipal Financing Authority by Resolution No. MFA 2024-001, and • Housing Authority by Resolution No. HA 2024-003, and
• Successor Agency by Resolution No. SA 2024-001
FISCAL IMPACT
General Fund (100)
Revenues $ 38,328,256
Expenditures $ 41,417,628
Deficit $ (3,089,372)
Other Funds – Expenditures
Measure BP Sales Tax (TUT) Fund $ 810,314
Future Development Fund $ 1,186,316
Community Enhancement Fund $ 181,900
Internal Service Funds $ 8,637,491
Special Revenue Funds $ 75,519,993
Finance Authority $ 6,360,254
Successor Agency $ 2,157,531
Housing Authority $ 10,508,120
Total Other Funds – Expenditures $ 105,361,919
TOTAL BUDGET (CITY-WIDE EXPENDITURES) $ 146,779,547
BACKGROUND
The Mayor and the City Council are required to adopt a budget each fiscal year for the City and its respective Agencies and Authorities to operate. The Chief Executive Officer and Director of Finance met initially with each member of the Executive Team an d their managers/supervisors/assistants to review their departmental budgets and their various requests. From those meetings a proposed budget was assembled and presented to the Mayor and City Council to review and consider. The Mayor and the City Council are also required to hold a public hearing, and at the conclusion of the public hearing, the City may adopt the budget as originally filed or changed by it. The Public Hearing Notice was posted as required.
The City-wide total proposed budget for Fiscal Year 2024-25 is $146,779,547. The total projected General Fund revenue is $38,341,837 and expenditure is $41,440,790 with a projected deficit of $3,098,953. Due to the onset of COVID-19 in FY 2020-21, many programs were suspended for approximately a year. Combined with savings from vacant positions and funding from ARPA for many programs and projects, the City has generated a surplus over the past 3 fiscal years (FY 2021, 2022, 2023), amounts to $3.9M that has been added to the General Fund reserve. The surplus can be utilized to support the projected deficit due to increases in expenditure. The projected General Fund Reserve balance at the end of the fiscal year will be $9.9 million.
The General Fund revenue is expected to increase by $752,435 from the prior year. The projected increases are mainly from sales tax, utility users tax, property tax in lieu of VLF, franchise fees, business licenses, transient occupancy tax, SB211 passthrough from the redevelopment property tax (former RDA project areas) and interest earnings. We projected $557,333 to be transferred to the General Fund from the cannabis public benefit fees to be used to fund safety, community enhancement, as well as funding youth and community servic es. A small percentage is used to fund administration costs and related legal expenses.
The City’s General Fund proposed expenditures are $41,417,628, an increase of $4.9 million from the prior year.
The increases is due to inflation, causing the cost of everything to increase. The other main reason here is due to the proposed COLA increase including part -time employees, health insurance, other MOU related costs, and increase in CalPERS pension cost. The COLA adjustments will enhance city-wide salaries making the City more competitive in hiring and employee retention.
Public safety continues to be the priority of the City. Therefore, another major increase is the public safety budget due to the planned filling of police officer vacancies and contractual obligations. The increases in personnel and maintenance/operation are mainly due to the COLA and CPI.
The General Fund projected expenditures also include an estimated cost of $513,060 to support many special events, programs, and quality of life activities to benefit the residents, business, and the community. These special events, programs and activities include but are not limited to the 4th of July Celebration, Concerts in the Park,
Downtown Street Market, Posada, State of the City Address, Arbor Day Celebration, Breakfast with Santa, Spring Fest, Tree Lighting Ceremony, Christmas with the COPS, National Night Out, Trick or Treat with the COPS, Pride of the Valley 5K Run, Mental Health Awareness and Veterans Day Ceremony, and Celebrate Baldwin Park Holiday Parade.
This proposed budget also includes the newly implemented Measure BP Sales Tax Fund -Transactions and Use Taxes (TUT). The City has received $7,537,356 TUT as of May 2024 since the inception, April 2023. The projected revenue for FY 2024-25 is $5,713,352 and proposed expenditure is $810,314.
The City will continue to take a balanced and conservative approach in managing expenditures, as well as seeking other sources of revenue to maintain a healthy reserve balance to meet future rising costs. unforeseen and/or emergency situations. The City will conti nue to practice proactive planning, promote increased productivity, encourage efficiency in the workplace, seek new revenues, and reinvest in the community. Staff will continue to monitor appropriations and expenditure closely and will keep the Mayor and City Council apprised of any significant changes that will impact on the budget.
ALTERNATIVES
In the event the budget is not adopted by July 1, 2024, staff is recommending that the City Council approve Continuing Appropriation Resolution Nos. 2024 -028; FA 2024 -002; MFA 2024 -002; HA 2024 -004; and SA 2024-002, which will allow the City to operate wit h the prior fiscal year’s budget until a new budget is adopted. This will allow the City to continue providing vital services to the community but does not allow for spending for any new program, including new capital expenditures, until such time as a new budget is adopted by the City Council.
LEGAL REVIEW
This report and resolutions have been reviewed and approved by the City Attorney as to form.
ATTACHMENTS
1. Budget Resolution Nos. 2024-027; FA 2024-001; MFA 2024-001; HA 2024-003; and SA 2024-001
2. Continuing Appropriation Resolution Nos. 2024 -028; FA 2024-002; MFA 2024-002; HA 2024-004; and SA 2024-002
3. FY2024-25 Proposed Budget (Summary). The proposed line -item budget will be available on the City’s website by June 13, 2024.
4. FY2024-25 Projected Fund Balance.
5. FY2024-25 Proposed General Fund Reserve Bar Chart
Attachment 1
RESOLUTION NO. 2024-027
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN
PARK ADOPTING THE BUDGET OF THE CITY FOR THE FISCAL
YEAR COMMENCING JULY 1, 2024 AND ENDING JUNE 30, 2025
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Chief Executive Officer and Director of Finance and as modified by the City Council for said fiscal year. A Budget is attached to this Resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several departments, offices, and agencies for the respective objects and purposes therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicab le ordinances of the City and statutes of the State.
SECTION 3. That the authority granted for making expenditures from other than the General Fund shall be limited to the actual amount of money received from the source of funds indicated in the Budget for each department, section, or purpose, and no liability upon the General Fund is assumed or can be imposed in excess of such amounts as may be provided therefore in this Budget from the General Fund. In the event that the amounts of money received and credited to the special funds exceed the amount herein estimated, such excess receipts shall be considered deferred allocations in such special funds, contingent upon such receipt and no expenditure thereof made except under the provisions as provided by law or ordinance.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the City Council by a majority vote of a quorum of the City Council.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
Attachment 1 (Continued)
(C) Transfers up to $15,000 between cost center programs may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the City Council by a majority vote of a quorum of the City Council.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the City Council for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss:
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. 2024-027 was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at a regular meeting of the City Council on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
________________________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. FA 2024-001
A RESOLUTION OF THE FINANCING AUTHORITY OF THE
CITY OF BALDWIN PARK ADOPTING THE BUDGET OF THE
AUTHORITY FOR THE FISCAL YEAR COMMENCING JULY 1,
2024 AND ENDING JUNE 30, 2025
NOW THEREFORE, THE FINANCING AUTHORITY BOARD MEMBERS OF THE
CITY OF BALDWIN PARK DO ES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Financing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Financing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. FA 2024-001 was duly and regularly approved and adopted by the Members of the Financing Authority of the City of Baldwin Park at a regular meeting of the Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. HA 2024-003
A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY
OF BALDWIN PARK ADOPTING THE BUDGET OF THE
AUTHORITY FOR THE FISCAL YEAR COMMENCING JULY 1,
2024 AND ENDING JUNE 30, 2025
THE HOUSING AUTHORITY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Housing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Housing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. HA 2024-003 was duly and regularly approved and adopted by the Members of the Housing Authority of the City of Baldwin Park at a regular meeting of the Housing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. MFA 2024-001
A RESOLUTION OF THE MUNICIPAL FINANCING
AUTHORITY OF THE CITY OF BALDWIN PARK ADOPTING
THE BUDGET OF THE AUTHORITY FOR THE FI SCAL YEAR
COMMENCING JULY 1, 2024 AND ENDING JUNE 30, 2025
THE MUNICIPAL FINANCING AUTHORITY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Municipal Financing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Municipal Financing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. MFA 2024-001 was duly and regularly approved and adopted by the Members of the Municipal Financing Authority of the City of Baldwin Park at a regular meeting of the Municipal Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
None
Attachment 1 (Continued)
RESOLUTION NO. SA 2024-001
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
DISSOLVED COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF BALDWIN PARK ADOPTING THE BUDGET OF
THE AUTHORITY FOR THE FI SCAL YEAR COMMENCING
JULY 1, 2024 AND ENDING JUNE 30, 2025
THE SUCCESSOR AGENCY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY AS RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Successor Agency of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Successor Agency and as modified by the Agency Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the Authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Agency Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Agency Board by a majority vote of a quorum of the Agency Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Agency Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the Secretary shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ , Secretary of the Successor Agency of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. SA 2024-001 was duly and regularly approved and adopted by the Members of the Successor Agency of the City of Baldwin Park at a regular meeting of the Successor Agency on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
SECRETARY
Attachment 2
RESOLUTION NO. 2024-028
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN
PARK, COUNTY OF LOS ANGELES, STAT E OF CALIFORNIA
AUTHORIZING A CONTINUING APPROPRIATION FOR THE
TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL YEAR
2024-25 PENDING FINAL APPROVAL OF THE 2024-25 BUDGET
WHEREAS, the City needs an operating budget to function financially, and
WHEREAS, the City desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the City Council has a properly approved budget for fiscal year 2023-
24. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The City adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Chief Executive Officer is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Mayor or presiding officer of the Baldwin Park City Council is hereby authorized to execute this resolution indicating its adoption by the City Council.
Section 4. That this Resolution shall become effective retroactively as of July 1, 2023.
Section 5. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Mayor
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. 2024-028 was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
________________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 2 (Continued)
RESOLUTION NO. FA 2024-002
A RESOLUTION OF THE FINANCING AUTHORITY OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Financing Authority needs an operating budget to function financially, and
WHEREAS, the Financing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Financing Authority has a properly approved budget for fiscal year 2023-24.
NOW, THEREFORE BE IT RESOLVED BY THE FINANCING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY AND ORDER AS FOLLOWS:
Section 1. The Financing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Financing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Financing Authority is hereby authorized to execute this resolution indicating its adoption by the Financing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. FA 2024-002 was duly and regularly approved and adopted by the Financing Authority of the City of Baldwin Park at a regular meeting of the Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_______________________
Christopher Saenz
City Clerk
Attachment 2 (Continued)
RESOLUTION NO. HA 2024-004
A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Housing Authority needs an operating budget to function financially, and
WHEREAS, the Housing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Housing Authority has a properly approved budget for fiscal year 2023-24.
NOW THEREFORE, THE HOUSING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Housing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Housing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Housing Authority is hereby authorized to execute this resolution indicating its adoption by the Housing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. HA 2024-004 was duly and regularly approved and adopted by the Housing Authority of the City of Baldwin Park at a regular meeting of the Housing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_______________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 2 (Continued)
RESOLUTION NO. MFA 2024-002
A RESOLUTION OF THE MUNICIPAL FINANCING AUTHORITY OF
THE CITY OF BALDWIN PARK, COUNTY OF LOS ANGELES, STATE
OF CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION
FOR THE TEMPORARY USE OF THE 2023-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Municipal Financing Authority needs an operating budget to function financially, and
WHEREAS, the Municipal Financing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Municipal Financing Authority has a properly approved budget for fiscal year 2023-24.
NOW THEREFORE THE MUNICIPAL FINANCING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Municipal Financing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Municipal Financing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Municipal Financing Authority is hereby authorized to execute this resolution indicating its adoption by the Municipal Financing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. MFA 2024-002 was duly and regularly approved and adopted by the Municipal Financing Authority of the City of Baldwin Park at a regular meeting of the Municipal Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_____________________
Christopher Saenz
City Clerk
Attachment 2 (Continued)
RESOLUTION NO. SA 2024-002
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE DISSOLVED
COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 2023-24 BUDGET FOR FISCAL YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25 BUDGET
WHEREAS, the Successor Agency needs an operating budget to function financially, and
WHEREAS, the Successor Agency desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Successor Agency has a properly approved budget for fiscal year 2023-24.
NOW, THEREFORE THE SUCCESSOR AGENCY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Successor Agency adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Successor Agency Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Successor Agency is hereby authorized to execute this resolution indicating its adoption by the Successor Agency.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. SA 2024-002 was duly and regularly approved and adopted by the Successor Agency of the City of Baldwin Park at a regular meeting of the Successor Agency on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_____________________
CHRISTOPHER SAENZ
CITY CLERK
Fund Fund Description
FY 2025
Proposed
Revenues
FY 2025
Proposed
Expenditures
Surplus /
(Deficit)
General Fund
100 General Fund* 38,328,256 41,417,628 (3,089,372) 110 Measure BP Sales Tax (TUT) 5,713,352 810,314 4,903,038 200 Future Development Fund** 32,360 1,186,316 (1,153,956) 210 Community Enhancement Fund** 100,000 181,900 (81,900) Subtotal - General Fund 44,173,968 $ 43,596,158$ 577,810 $ Internal Services Funds
401 Information and Support Services 1,345,293 1,605,293 (260,000) 402 Fleet Services 1,261,577 1,491,577 (230,000) 403 Internal Insurance 5,540,621 5,540,621 - Subtotal - Internal Services Funds 8,147,491 $ 8,637,491$ (490,000)$ Special (Restricted) Funds
205 Federal Asset Forfeiture - 57,043 (57,043) 208 Law Enforcement Development Impact 20,600 25,000 (4,400) 209 AB74 Public Safety Enhancement - 22,589 (22,589) 220 Community Development Block Grant 2,251,054 2,303,667 (52,613) 221 H.O.M.E. (Home Investment Partnership Program) 4,091,516 3,600,511 491,005 222 CAL Home 100 - 100 230 AB1693 Business Improvement Fees 135,200 157,106 (21,906) 231 Air Quality Management 94,632 133,012 (38,380) 234 Park Fees (Quimby Act) 220,000 2,546,571 (2,326,571) 235 General Plan Fees 162,000 559,545 (397,545) 236 Public Art Fees 33,000 - 33,000 237 Cannabis Fees 738,333 738,333 0 240 Gasoline Tax 1,964,162 1,961,589 2,573 241 Surface Transportation Program 18,000 985,785 (967,785) 243 Bicycle and Pedestrian Safety 296,095 - 296,095 244 Proposition A 2,265,346 2,168,467 96,879 245 Proposition C 1,651,707 2,782,907 (1,131,200) 246 AB939 Integrated Waste Management 643,000 669,479 (26,479) 247 Oil Recycling Grant 10,000 11,637 (1,637) 249 Storm Drains NPDS 175,100 173,415 1,685 250 Assessment District 14,630 - 14,630 251 Street Lighting and Landscape 2,332,673 2,753,675 (421,002) 252 Parks Maintenance Assessment District 1,107,280 1,107,280 - 253 Proposition A - Parks 60 - 60 254 Measure R Local Return 1,248,280 2,326,349 (1,078,069) 255 Measure M 2,733,014 3,035,428 (302,414) 256 SB1 Road Repair & Accountability 1,852,108 3,162,093 (1,309,985) 257 Traffic Mitigation Fees 1,600 - 1,600 258 Measure W 5,575,690 15,556,965 (9,981,275) 270 Grants Fund 20,350,263 18,890,257 1,460,006 271 Police Grants Fund 193,393 169,151 24,242 275 American Rescue Plan Act 10,000 9,553,590 (9,543,590) 280 Cooperative Agreements Contributions 15,000 15,000 - 450 BPROUD Utility District 3,000 4,550 (1,550) Subtotal Special Funds 50,206,836 $ 75,519,993$ (25,313,156)$ TOTAL GENERAL, INTERNAL SERVICES, & SPECIAL FUNDS102,528,295$ 127,753,642$ (25,225,347)$ City of Baldwin Park
Fiscal Year 2024-2025 Proposed Budget
Attachment 3
Fund Fund Description
FY 2025
Proposed
Revenues
FY 2025
Proposed
Expenditures
Surplus /
(Deficit)
City of Baldwin Park
Fiscal Year 2024-2025 Proposed Budget
Financing Authority Funds
610 COP Lease Payment 590,399 590,399 - 651 Pension Obligation Bond 2019 3,844,972 3,846,623 (1,651) 660 Measure M Rev Bond 588,669 1,923,232 (1,334,563) Subtotal Financing Authority Funds 5,024,040 $ 6,360,254$ (1,336,214)$ Successor Agency Funds
Capital Projects
806 Sierra Vista Capital Project 116,741 116,741 - Subtotal Capital Projects 116,741 $ 116,741$ - $ Debt Service
838 BP Merged 2017 Refinance 1,090,263 1,086,883 3,380 Subtotal Debt Service 1,090,263 $ 1,086,883$ 3,380 $ Low/Mod Housing
890 Low/Mod Income Housing 127,000 953,908 (826,908) Subtotal Low/Mod Housing 127,000 $ 953,908$ (826,908)$ TOTAL SUCCESSOR AGENCY FUNDS 1,334,004$ 2,157,531$ (823,527.83)$ Housing Authority
901 Housing Voucher Choice 9,461,435 9,502,111 (40,676) 902 Housing Authority American Rescue Plan Act 827,588 777,774 49,814 905 Public Housing 109,599 197,410 (87,811) 910 CIAP 30,825 30,825 - Subtotal Housing Authority Funds 10,429,447 $ 10,508,120$ (78,672.62)$ COMBINED GRAND TOTAL - ALL FUNDS 119,315,786$ 146,779,547$ (27,463,761)$ 9,929,084$ * The Projected General Fund Reserve Balance at June 30, 2025 is:
** The Future Development Fund and Community Enhancement Fund were merged with the General Fund. However, these funds are committed for future / special projects pending City Council approval.
Attachment 3 (Continued)
Projected 2025 2025 2025 2025 Projected
Fund Balance Proposed Proposed Proposed Proposed Fund Balance Fund Fund Description 06/30/2024 Revenues Transfers In Expenditures Transfers Out 06/30/2025 General Fund
100 General Fund* 43,845,179 37,770,923 557,333 40,623,501 794,127 40,755,807 110 Measure BP Sales Tax (TUT) 8,693,724 5,713,352 - 810,314 - 13,596,762 200 Future Development Fund** 4,290,027 32,360 - 1,186,316 - 3,136,071 210 Community Enhancement Fund** 631,438 100,000 - 181,900 - 549,538 Subtotal - General Fund 57,460,368 $ 43,616,635$ 557,333 $ 42,802,031$ 794,127 $ 58,038,177$ Internal Services Funds
401 Information and Support Services 312,132 1,345,293 - 1,605,293 - 52,132 402 Fleet Services 283,768 1,261,577 - 1,491,577 - 53,768 403 Internal Insurance (7,761,547) 5,540,621 - 5,540,621 - (7,761,547) 404 Capital Equipment (3,791) - - - - (3,791) Subtotal - Internal Services Funds (7,169,439)$ 8,147,491$ - $ 8,637,491$ - $ (7,659,439)$ Special (Restricted) Funds
205 Federal Asset Forfeiture 83,104 - - 57,043 - 26,061 206 State Asset Forfeiture 56,068 - - 49,000 - 7,068 207 Local Law Enforcement Block Grant 15,648 - - - - 15,648 208 Law Enforcement Development Impact 101,049 20,600 - 25,000 - 96,649 209 AB74 Public Safety Enhancement 126,471 - - 22,589 - 103,883 220 Community Development Block Grant 304,666 2,251,054 - 2,303,667 - 252,053 221 H.O.M.E. (Home Investment Partnership Program) 6,925,295 4,091,516 - 3,600,511 - 7,416,299 222 CAL Home 159,547 100 - - - 159,647 230 AB1693 Business Improvement Fees 22,225 135,200 - 157,106 - 319 231 Air Quality Management 96,199 94,632 - 133,012 - 57,819 232 Residential Development Fee 4 - - - - 4 233 Economic Development Grant 554 - - - - 554 234 Park Fees (Quimby Act) 2,335,571 220,000 - 2,546,571 - 9,000 235 General Plan Fees 578,519 162,000 - 559,545 - 180,975 236 Public Art Fees 253,190 33,000 - - - 286,190 237 Cannabis Fees (19,225) 738,333 - 181,000 557,333 (19,224) 240 Gasoline Tax (242,700) 1,964,162 - 1,961,589 - (240,127) 241 Surface Transportation Program 968,537 18,000 - 985,785 - 752 243 Bicycle and Pedestrian Safety 15 296,095 - - - 296,110 244 Proposition A 428,637 2,265,346 - 2,168,467 - 525,516 245 Proposition C 1,181,358 1,651,707 - 2,782,907 - 50,158 246 AB939 Integrated Waste Management 145,494 643,000 - 669,479 - 119,014 247 Oil Recycling Grant (11,192) 10,000 - 11,637 - (12,829) 249 Storm Drains NPDS 85,074 175,100 - 173,415 - 86,759 250 Assessment District 419,153 14,630 - - - 433,783 251 Street Lighting and Landscape 738,455 2,332,673 - 2,753,675 - 317,453 252 Parks Maintenance Assessment District 3,692 903,552 203,728 1,107,280 - 3,692 253 Proposition A - Parks 60 60 - - - 120 254 Measure R Local Return 1,112,412 1,248,280 - 2,326,349 - 34,343 255 Measure M 660,725 1,398,451 1,334,563 2,446,759 588,669 358,311 256 SB1 Road Repair & Accountability 2,876,198 1,852,108 - 3,162,093 - 1,566,213 257 Traffic Mitigation Fees (8,021) 1,600 - - - (6,421) 258 Measure W 14,154,035 5,575,690 - 15,556,965 - 4,172,760 City of Baldwin Park
Fiscal Year 2024-2025 Projected Fund Balance
Attachment 4
Projected 2025 2025 2025 2025 Projected
Fund Balance Proposed Proposed Proposed Proposed Fund Balance Fund Fund Description 06/30/2024 Revenues Transfers In Expenditures Transfers Out 06/30/2025 259 Measure H 110,250 - - - - 110,250 270 Grants Fund (1,661,041) 20,350,263 - 18,890,257 - (201,035) 271 Police Grants Fund 90,771 193,393 - 169,151 - 115,013 275 American Rescue Plan Act 9,873,227 10,000 - 9,553,590 - 329,638 280 Cooperative Agreements Contributions 31,475 15,000 - 15,000 - 31,475 301 Building Reserve 10,213 - - - - 10,213 450 BPROUD Utility District 305,349 3,000 - 4,550 - 303,799 Subtotal Special Funds 42,311,061 $ 48,668,545$ 1,538,291$ 74,373,991$ 1,146,002$ 16,997,904$ TOTAL GENERAL, INTERNAL SERVICES & SPECIAL FUNDS 92,601,990$ 100,432,671$ 2,095,624$ 125,813,513$ 1,940,129$ 67,376,643$ Financing Authority Funds
601 Debt Service 36,393 - - - - 36,393 610 COP Lease Payment - - 590,399 590,399 - - 635 BPFA/PM 2003 Tax Alloc 33,104 - - - - 33,104 637 BPFA/CBD 1990 Refunding Loan 143 - - - - 143 650 Pension Obligation Bond 3,355 - - - - 3,355 651 Pension Obligation Bond 2019 191,917 3,844,972 - 3,846,623 - 190,266 660 Measure M Rev Bond 3,175,592 - 588,669 588,669 1,334,563 1,841,029 Subtotal Financing Authority Funds 3,440,504$ 3,844,972$ 1,179,068$ 5,025,691$ 1,334,563$ 2,104,290$ Successor Agency Funds
Capital Projects
806 Sierra Vista Capital Project 1,511,424 - 116,741 116,741 - 1,511,424 Subtotal Capital Projects 1,511,424 $ - $ 116,741$ 116,741$ - $ 1,511,424$ Debt Service
838 BP Merged 2000 Refinance 2,471 1,090,263 - 970,142 116,741 5,851 Subtotal Debt Service 2,471 $ 1,090,263$ - $ 970,142$ 116,741$ 5,851 $ Low/Mod Housing
890 Low/Mod Income Housing 10,726,851 127,000 - 953,908 - 9,899,942 Subtotal Low/Mod Housing 10,726,851 $ 127,000 $ - $ 953,908$ - $ 9,899,942$ TOTAL SUCCESSOR AGENCY FUNDS 12,240,745$ 1,217,263$ 116,741$ 2,040,791$ 116,741$ 11,417,217$ Housing Authority
901 Housing Voucher Choice 51,632 9,461,435 - 9,502,111 - 10,956 902 Housing Authority American Rescue Plan Act 208,769 827,588 - 777,774 - 258,584 905 Public Housing 285,057 78,774 30,825 197,410 - 197,246 910 CIAP - 30,825 - - 30,825 - Subtotal Housing Authority Funds 545,458 $ 10,398,622$ 30,825 $ 10,477,295$ 30,825 $ 466,786$ COMBINED GRAND TOTAL - ALL FUNDS 108,828,697$ 115,893,528$ 3,422,257$ 143,357,289$ 3,422,257$ 81,364,936$ $ 9,929,084 * The Projected General Fund Reserve Balance at June 30, 2025 is:
** The Future Development Fund and Community Enhancement Fund were merged with the General Fund. However, these funds are committed for future / special projects pending City Council approval.
Attachment 4 (Continued)
General Fund Reserve Bar Chart - Fiscal Year 2024-25 Projected $0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000 2016 2017 2018 2019 2020 2021 2022 2023 2024Projected2025Projected$7,572,817 $7,090,375 $8,484,704 $9,409,180 $9,730,683 $10,465,582 $11,304,427 $12,134,376 $13,018,456 $9,929,084 Note: This table does not include the Future Development Fund or Community Enhancement Fund.
Attachment 5
STAFF REPORT
ITEM NO. ____22____
TO: Honorable Mayor and Members of the City Council
FROM: Enrique C. Zaldivar, Chief Executive Officer
Manuel Carrillo Jr., Director of Recreation and Community Services
Rose Tam, Director of Finance
Sam Gutierrez, Director of Public Works
DATE: June 19, 2024
SUBJECT: Event Programming and Site Maintenance for the Susan Rubio Zocalo Park and Civic Plaza- Fiscal Year 24/25 Funding
SUMMARY
With the imminent completion of the Zocalo Plaza slated for late July 2024, the need for to develop a programming calendar to activate the plaza with events, and the allocation of resources to maintain it, is timely as the City Council considers the City budget for Fiscal Year 2024/25.
RECOMMENDATION
It is recommended that the City Council:
1. Direct Staff to present a Request for Funding to the Measure BP Stakeholders Oversight Committee (SOC) for the Programming and Maintenance of the Zocalo Plaza.
2. The estimated amount of funding needed is $ 115,000 for Programming and $50,000 for Maintenance for a total cost of $165,000 for FY 24/25.
3. Direct staff to establish a programming calendar that will have community and civic activities such as musical performances, dance and folklorico performances, poetry, community dance “tardeadas”, local culinary expos, etc, at least twice a month as a goal.
FISCAL IMPACT
Zocalo Plaza is a brand -new facility with no pre -existing budget for programming nor maintenance. Its construction was made possible by grants and other special funds, none of which include funding for programming or maintenance. The General Fund is not ab le to sustain any further obligations at this juncture.
Measure BP Funding is an appropriate potential funding source in that the Plaza offers a direct benefit to the community at large. A request for funding for $165,000 will be presented to the SOC at it s meeting of August 2024. This request for funding would fall under the Recreation and Parks Investment Opportunity category of the SOC’s priority guidelines.
BACKGROUND
Construction of the Susan Rubio Zocalo Park and Civic Plaza (Zocalo Plaza) broke ground in January 2023. The City’s vision for the Zocalo Plaza is for it to become a civic and community gathering place for cultural, artistic, and civic activities for all c ity residents and visitors to our city, as a way of further activating the downtown
district of the city; and who in turn will patronize the downtown businesses, generating sales tax revenue. Zocalo Plaza itself has a retail restaurant building to complement the program activities being held there.
DISCUSSION
Zocalo Plaza features a number of physical amenities intended to provide a wholesome and fulfilling experience for all residents and visitors alike: it offers a walkway around the perimeter of the plaza for folks to enjoy a nice stroll; it has a pavilion center stage for hosting of cultural, artistic and civic events, with an amphitheater -like seating area for the audience; it has beautiful landscaping to enrich the natural experience of all attendees; and it has a retail restaurant building for the enjoym ent of attendees to the park, once a restaurant operator is in place.
All of these features require resources in the form of staffing time, contract cost, supplies and materials. Following is a breakdown of the estimated costs, adding up to $165,000 for FY 24/25:
Proposed Programing Budget:
Part Time Support Staff $25,000.00
Supplies $25,000.00
Professional Services $40,000.00
Facility Maintenance $25,000.00
Proposed Programming Sub Total $115,000.00 Proposed Maintenance Budget:
Maintenance Services $35,000.00
Materials and Supplies $15,000.00
Proposed Maintenance Sub Total $50,000.00
Proposed Total $165,000.00
Samples of Potential Activities on a weekly basis:
• Chalk Art Fest
• Arts & Crafts
• Family style entertainment
• Petting Zoo
• Balloon Artist
• Bubble Artist & Games
• Caricatures Artist
• Environmental activities
• Provide stage space to youth groups (cheer, choir, ballet folklorico, youth mariachi, etc.) • Aztec Dancers
• Local Artisans
Move or partially host activities @ Zocalo
• Conclude Parade
• Tree Lighting Ceremony
• Holiday Programs (NEW)
• Host elements of Dia de Los Muertos or expand existing program • Host elements of Black History Month or expand existing program • Host elements American Pacific Islander (AAPI) or expand existing program
• Essentially the ARC will be an indoor space and Susan Rubio Zocalo Park will be an outdoor space.
Both facilities will complement each other and create synergy to open up the Historical Museum.
Monthly Professional Monthly Events
Professional Performers:
• Story Telling
• Puppet Show
• Art Competition
• Mariachis in the Park
• Entertainment to draw residents to the Susan Rubio Zocalo Park • Baldwin Park Idol or Karaoke Sessions
• Host Desert Trucks
• Host Audio Visual Game Trucks (Create gamming tournaments) • El Grito Ceremony and other cultural events
ALTERNATIVES
None being recommended.
LEGAL REVIEW
This report has been reviewed and approved by the City Attorney as to form.
ATTACHMENTS
1. None
STAFF REPORT
ITEM NO. ____23____
TO: Honorable Mayor and Members of the City Council
FROM: Enrique C. Zaldivar, Chief Executive Officer
PREPARED BY: Karina Rueda, Human Resources Manager
DATE: June 19, 2024
SUBJECT: Adopt Resolutions Approving Memorandums of
Understanding Between the City of Baldwin Park And
Baldwin Park City Associations for (CEA), (CCEA), (CMEA), (POA), (PMEA), (SEIU), and the Executive & Unclassified Managers Benefits Matrix for the term of July 1, 2024 – June 30, 2027
SUMMARY
This report seeks City Council consideration and adoptions of Resolutions approving the Memorandum of Understanding for BPCEA, BPCMEA, BPCCEA, BPPOA, BPPMEA and SEIU Local 721 bargaining groups as negotiated; and City Council’s consideration and adoption of a R esolution approving the Executive & Unclassified Managers Benefits Matrix.
RECOMMENDATION
Staff recommends that the City Council approve and adopt:
1. Resolution No. 2024-029 to Approve the MOU with the Baldwin Park City Employees Association (CEA); and
2. Resolution No. 2024-030 to Approve the MOU with the Baldwin Park Classified Confidential Employees Association (CCEA); and
3. Resolution No. 2024-031 to Approve the MOU with the Baldwin Park Classified Management Employees Association (CMEA); and
4. Resolution No. 2024-032 to Approve the MOU with the Baldwin Park Police Officers Association (POA); and
5. Resolution No. 2024-033 to Approve the MOU with Police Management Employees Association (PMEA); and
6. Resolution No. 2024-034 to Approve the MOU with the Service Employees International Union Local 721 (SEIU); and
7. Resolution No. 2024-035 Amending the Executive Employees and Unclassified Managers Benefits Matrix to grant similar adjustments as other groups; and
8. Resolution No. 2024-036 Updating the Comprehensive City of Baldwin Park Pay Schedule to reflect salary adjustments for full-time and part-time positions, beginning July 1, 2024; and
9. Authorize the Director of Finance to set aside and allocate the General Fund surplus of $838,845 from FY 2022, $1,091,408 from FY 2023, and a projected surplus of $900,000 from FY 2024, in addition to the previously set aside surplus of $2,000,000 from FY 2021, to cover the estimated costs for the General Fund portion of this MOU, as well as the COLA for part-time employees. Furthermore, authorize the completion of all necessary appropriations and budget amendments for this MOU for all funds; and
10. Authorize the Chief Executive Officer to make corrections and adjustments technical in nature to be in conformance with the intent of the City Council.
FISCAL IMPACT
The total fiscal impact for the three -year MOU on the General Fund is estimated to be $8,001,048, while it is projected to cost $2,966,472 for Special Revenue and Other Funds, as indicated in the table below. The estimated General Fund cost of $1,633,810 for FY 2024-25 will be funded by the General Fund surplus from FY 2021. The estimated Special Revenue and Other Funds cost of $619,021 for FY 2024-25 has been included in the FY 2024- 25 budget.
BACKGROUND
Per the City Council’s direction, staff met and conferred with the representatives of the City Employees Association (CEA); the Classified Confidential Employees Association (CCEA); the Classified Management Employees Association (CMEA); the Police Officer s Association (POA); the Police Management Employees Association (PMEA); and the Service Employees International Union Local 721 (SEIU). One of the primary objectives of these negotiations was to gain ground on the City’s competitive position in employee compensation relative to surrounding cities. City Council’s priority was to have this reflected on the Cost of Living adjustments (COLA’s). The recommended COLA’S demonstrate the City’s Council willingness to achieve this goal even if it means that part of the reserve funds is used to fund it.
It had become evident to the City that our employee compensation package needed to be improved as we began to see a growing number of staff members go to other cities for higher pay. The proposed COLA’s are unprecedented in scale in the City’s history, but they are also a testament to the City Council's resolve to retain and attract qualified employees to ensure the City provides high quality services to City residents.
Negotiations have now been officially concluded in which all of the bargaining groups have ratified the proposed changes in the respective Memorandum of Understanding for their units.
Finally, in addition to negotiating compensatory items, the City engaged in meaningful discussion about ways to solidify positive relationships with all of the bargaining groups; build rapport; and partner with employee groups to brainstorm productivity and revenue enhancement ideas for the benefit of the City. Conflict resolution methods were explored and fully supporte d by the City and bargaining groups to maintain harmonious working
relationships. We believe that a positive tone for future negotiations has been established, through which we will continue to seek outcomes that are mutually beneficial to both the City and Baldwin Park employees. Your City Negotiations Team appreciates the tenor, candor and the good faith exhibited by all of the bargaining groups, making the process productive and respectful.
Summary of Universal Benefits Negotiated Between City and Bargaining Groups
COLA’s – 7% - July 1, 2024
5% - July 1, 2025
3% - July 1, 2026
For administrative purposes, the effective date of the COLA’s will be on the first full pay period that includes July 1st.
Health Benefits Plan – $1,600 - July 1, 2024
$1,700 - July 1, 2025
$1,800 - July 1, 2026
Paid Holidays
• Add Cesar Chavez as an observed Holiday
• Convert one floating holiday to Martin Luther King, Jr. observed Holiday
ALTERNATIVES
Council may choose to provide staff alternatives or direct staff to negotiate further. This would likely require the item to be held over and discussed again in Closed Session. However, this is not recommended as both the bargaining units and the City agreed upon these provisions.
LEGAL REVIEW
This report has been reviewed and approved by the City Attorney as to form.
ATTACHMENTS
1. 1. Resolution No. 2024-029 BPCEA Memorandum of Understanding
2. Resolution No. 2024-030 BPCCEA Memorandum of Understanding
3. Resolution No. 2024-031 BPCMEA Memorandum of Understanding
4. Resolution No. 2024-032 BPPOA Memorandum of Understanding
5. Resolution No. 2024-033 BPPMEA Memorandum of Understanding
6. Resolution No. 2024-034 SEIU Local 721 Memorandum of Understanding
7. Resolution No. 2024-035 Executive & Unclassified Benefits Matrix
8. Resolution No. 2024-043 Comprehensive Pay Schedules effective July 1, 2024 and June 30, 2027
9. Memorandums of Understanding will be available on Thursday, June 20, 2024.
RESOLUTION NO. 2024-029
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK,
APPROVING THE MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF
BALDWIN PARK AND BALDWIN PARK CITY EMPLOYEES ASSOCIATION (CEA) YEARS 2024-2027
WHEREAS, representatives of the City Council of the City of Baldwin Park have met and conferred with duly authorized representatives of the Baldwin Park City Employees Association (CEA) to make equitable adjustments to wages and other terms and conditions of employment; and
WHEREAS, a Memorandum of Understanding prepared by said representatives has been prepared to the City Council for consideration and approval; and
WHEREAS, a majority of the unit members from the group voted to approve the Memorandum of Understanding.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That this City Council does hereby approve and authorize the Mayor of the City of Baldwin Park to sign the “Memorandum of Understanding” between the City of Baldwin Park and Baldwin Park City Employees Association (CEA) attached hereto as Exhibit A. The Memorandum of Understanding for employees represented by the Baldwin Park City Employees Association (CEA) , is hereby effective for the period from July 1, 2024 through June 30, 2027.
SECTION 2. Resolutions or portions thereof in conflict are hereby repealed.
SECTION 3. That the City Clerk shall certify to the adoption of this Resolution and shall cause the Resolution to become in full effect upon approval. The City Clerk shall forward a certified copy of this adopted Resolution to each Department Head and Human Resources Manager upon execution.
PASSED, APPROVED, AND ADOPTED this 19 day of June 2024.
_______________________________
EMMANUEL ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF BALDWIN PARK
I, Christopher Saenz , City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 2024-029 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024 and that the same was adopted by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
RESOLUTION NO. 2024-030
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK,
APPROVING THE MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF
BALDWIN PARK AND BALDWIN PARK CLASSIFIED CONFIDENTIAL EMPLOYEES
ASSOCIATION (CCEA)
YEARS 2024-2027
WHEREAS, representatives of the City Council of the City of Baldwin Park have met and conferred with duly authorized representatives of the Baldwin Park Classified Confidential Employees Association (CCEA) to make equitable adjustments to wages and other terms and conditions of employment; and
WHEREAS, a Memorandum of Understanding prepared by said representatives has been prepared to the City Council for consideration and approval; and
WHEREAS, a majority of the unit members from the group voted to approve the Memorandum of Understanding.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That this City Council does hereby approve and authorize the Mayor of the City of Baldwin Park to sign the “Memorandum of Understanding” between the City of Baldwin Park and Baldwin Park Classified Confidential Employees Association (CCEA) attached hereto as Exhibit A. The Memorandum of Understanding for employees represented by the City of Baldwin Park and Baldwin Park C lassified Confidential Employees Association (CCEA) , is hereby effective for the period from July 1, 202 4 through June 30, 2027.
SECTION 2. Resolutions or portions thereof in conflict are hereby repealed.
SECTION 3. That the City Clerk shall certify to the adoption of this Resolution and shall cause the Resolution to become in full effect upon approval. The City Clerk shall forward a certified copy of this adopted Resolution to each Department Head and Human Resources Manager upon execution.
PASSED, APPROVED, AND ADOPTED this 19 day of June 2024.
_______________________________
EMMANUEL ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF BALDWIN PARK
I, Christopher Saenz , City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 20 24-030 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024 and that the same was adopted by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
RESOLUTION NO. 2024-031
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK,
APPROVING THE MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF
BALDWIN PARK AND BALDWIN PARK CLASSIFIED MANAGEMENT EMPLOYEES
ASSOCIATION (CMEA)
YEARS 2024-2027
WHEREAS, representatives of the City Council of the City of Baldwin Park have met and conferred with duly authorized representatives of the Baldwin Park C lassified Management Employees Association (CMEA) to make equitable adjustments to wages and other terms and conditions of employment; and
WHEREAS, a Memorandum of Understanding prepared by said representatives has been prepared to the City Council for consideration and approval; and
WHEREAS, a majority of the unit members from the group voted to approve the Memorandum of Understanding.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That this City Council does hereby approve and authorize the Mayor of the City of Baldwin Park to sign the “Memorandum of Understanding” between the City of Baldwin Park and Baldwin Park C lassified Management Employees Association (CMEA) attached hereto as Exhibit A. The Memorandum of Understanding for employees represented by the City of Baldwin Park and Baldwin Park C lassified Management Employees Association (CMEA), is hereby effective for the period from July 1, 2024 through June 30, 2027.
SECTION 2. Resolutions or portions thereof in conflict are hereby repealed.
SECTION 3. That the City Clerk shall certify to the adoption of this Resolution and shall cause the Resolution to become in full effect upon approval. The City Clerk shall forward a certified copy of this adopted Resolution to each Department Head and Human Resources Manager upon execution.
PASSED, APPROVED, AND ADOPTED this 19 day of June 2024.
_______________________________
EMMANUEL ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF BALDWIN PARK
I, Christopher Saenz , City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 20 24-031 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024 and that the same was adopted by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
RESOLUTION NO. 2024-032
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK,
APPROVING THE MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF
BALDWIN PARK AND BALDWIN PARK POLICE OFFICERS ASSOCIATION (POA) YEARS 2024-2027
WHEREAS, representatives of the City Council of the City of Baldwin Park have met and conferred with duly authorized representatives of the Baldwin Park Police Officers Association (POA) to make equitable adjustments to wages and other terms and conditions of employment; and
WHEREAS, a Memorandum of Understanding prepared by said representatives has been prepared to the City Council for consideration and approval; and
WHEREAS, a majority of the unit members from the group voted to approve the Memorandum of Understanding.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That this City Council does hereby approve and authorize the Mayor of the City of Baldwin Park to sign the “Memorandum of Understanding” between the City of Baldwin Park and Baldwin Park Police Officers Association (POA) attached hereto as Exhibit A. The Memorandum of Understanding for employees represented by the City of Baldwin Park and Baldwin Park Police Officers Association (POA), is hereby effective for the period from July 1, 2024 through June 30, 2027.
SECTION 2. Resolutions or portions thereof in conflict are hereby repealed.
SECTION 3. That the City Clerk shall certify to the adoption of this Resolution and shall cause the Resolution to become in full effect upon approval. The City Clerk shall forward a certified copy of this adopted Resolution to each Department Head and Human Resources Manager upon execution.
PASSED, APPROVED, AND ADOPTED this 19 day of June 2024.
_______________________________
EMMANUEL ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF BALDWIN PARK
I, Christopher Saenz , City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 2024-032 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024 and that the same was adopted by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
RESOLUTION NO. 2024-033
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK,
APPROVING THE MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF
BALDWIN PARK AND BALDWIN PARK POLICE MANAGEMENT EMPLOYEES
ASSOCIATION (PMEA)
YEARS 2024-2027
WHEREAS, representatives of the City Council of the City of Baldwin Park have met and conferred with duly authorized representatives of the Baldwin Park Police Management Employees Association (P MEA) to make equitable adjustments to wages and other terms and conditions of employment; and
WHEREAS, a Memorandum of Understanding prepared by said representatives has been prepared to the City Council for consideration and approval; and
WHEREAS, a majority of the unit members from the group voted to approve the Memorandum of Understanding.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That this City Council does hereby approve and authorize the Mayor of the City of Baldwin Park to sign the “Memorandum of Understanding” between the City of Baldwin Park and Baldwin Park Police Management Employees Association (PMEA) attached hereto as Exhibit A. The Memorandum of Understanding for employees represented by the City of Baldwin Park and Baldwin Park Police Management Employees Association (PMEA) , is hereby effective for the period from July 1, 202 4 through June 30, 2027.
SECTION 2. Resolutions or portions thereof in conflict are hereby repealed.
SECTION 3. That the City Clerk shall certify to the adoption of this Resolution and shall cause the Resolution to become in full effect upon approval. The City Clerk shall forward a certified copy of this adopted Resolution to each Department Head and Human Resources Manager upon execution.
PASSED, APPROVED, AND ADOPTED this 19 day of June 2024.
_______________________________
EMMANUEL ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF BALDWIN PARK
I, Christopher Saenz , City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 20 24-033 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024 and that the same was adopted by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
RESOLUTION NO. 2024-034
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK,
APPROVING THE MEMORANDUM OF UNDERSTANDING BETWEEN THE CITY OF
BALDWIN PARK AND THE SERVICE EMPLOYEES INTERNATIONAL UNION LOCAL 721 (SEIU)
YEARS 2024-2027
WHEREAS, representatives of the City Council of the City of Baldwin Park have met and conferred with duly authorized representatives of the Service Employees International Union Local 721 (SEIU) to make equitable adjustments to wages and other terms and conditions of employment; and
WHEREAS, a Memorandum of Understanding prepared by said representatives has been prepared to the City Council for consideration and approval; and
WHEREAS, a majority of the unit members from the group voted to approve the Memorandum of Understanding.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That this City Council does hereby approve and authorize the Mayor of the City of Baldwin Park to sign the “Memorandum of Understanding” between the City of Baldwin Park and the Service Employees International Union Local 721, (SEIU) attached hereto as Exhibit A. The Memorandum of Understanding for employees represented by the Service Employees International Union Local 721 (SEIU), is hereby effective for the period from July 1, 2024 through June 30, 2027.
SECTION 2. Resolutions or portions thereof in conflict are hereby repealed.
SECTION 3. That the City Clerk shall certify to the adoption of this Resolution and shall cause the Resolution to become in full effect upon approval. The City Clerk shall forward a certified copy of this adopted Resolution to each Department Head and Human Resources Manager upon execution.
PASSED, APPROVED, AND ADOPTED this 19 day of June 2024.
_______________________________
EMMANUEL ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF BALDWIN PARK
I, Christopher Saenz , City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 20 24-034 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024 and that the same was adopted by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
RESOLUTION NO. 2024-035
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK,
APPROVING THE CITY OF BALDWIN PARK AND BALDWIN PARK EXECUTIVE
AND UNCLASSIFIED MANAGERS BENEFIT MATRIX
YEARS 2024-2027
WHEREAS, the Baldwin Park Executive and Unclassified Managers are receiving equitable adjustments to wages and other terms and conditions of employment; and
WHEREAS, the Executive and Unclassified Managers Benefits Matrix has been prepared by said representatives and is reflective of appropriate cost of living increases, and other applicable benefits, and has been prepared to the City Council for consideration and approval; and
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That this City Council does hereby approve and authorize the Mayor of the City of Baldwin Park to approve the Executive and Unclassified Managers Benefit Matrix, hereby effective for the period from July 1, 2024 through June 30, 2027.
SECTION 2. Resolutions or portions thereof in conflict are hereby repealed.
SECTION 3. That the City Clerk shall certify to the adoption of this Resolution and shall cause the Resolution to become in full effect upon approval. The City Clerk shall forward a certified copy of this adopted Resolution to each Department Head and Human Resources Manager upon execution.
PASSED, APPROVED, AND ADOPTED this 19 day of June 2024.
_______________________________
EMMANUEL ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF BALDWIN PARK
I, Christopher Saenz , City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 20 24-035 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024 and that the same was adopted by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
RESOLUTION NO. 2024-036
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK, TO
ADOPT A SALARY RESOLUTION TO ESTABLISH COMPREHENSIVE PAY
SCHEDULES FOR ALL FULL TIME EMPLOYEES, PART TIME EMPLOYEES, AND ELECTED OFFICIALS IN ACCORDANCE WITH CALPERS GUIDELINES.
WHEREAS, California Employees Retirement System (CalPERS) does require all government agencies to provide and make available to the public the salary of all full- time employees, part -time employees , and Elected Officials in a single salary format specified by CalPERS, whenever salary adjustments are made; and
WHEREAS, the City of Baldwin Park has created three separate salary schedules with effective dates of July 1, 2024, July 1, 2025, and July 1, 2026; and
WHEREAS, the salary schedules reflect cost of living increases (COLA’s); and
WHEREAS, the City of Baldwin Park has compiled the necessary data to update and maintain the salary schedule required in compliance with the requirements of CalPERS and has attached said schedule to this resolution as Attachment A with the effective dates of July 1, 2024, July 1, 2025, and July 1, 2026.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. The City Council hereby approves the Comprehensive Salary Schedule, attached hereto as Exhibit A.
PASSED, APPROVED, AND ADOPTED this 19 day of June, 2024.
_______________________________
EMMANUEL ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS:
CITY OF BALDWIN PARK
I, Christopher Saenz , City Clerk of the City of Baldwin Park do hereby certify that the foregoing Resolution No. 20 24-036 was duly adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024 and that the same was adopted by the following vote to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
STAFF REPORT
ITEM NO. _____SA 1 _____
TO: Honorable Mayor and Members of the City Council
FROM: Rose Tam, Director of Finance
PREPARED BY: Grace Nguyen, Senior Finance Clerk
DATE: June 19, 2024
SUBJECT: Successor Agency to the Dissolved Community Development Commission of The City of Baldwin Park Warrants and
Demands
SUMMARY
Attached is the Warrants and Demands Register for the Successor Agency to the Dissolved Community Development Commission of the City of Baldwin Park to be ratified by the City Council.
RECOMMENDATION
Staff recommends that the Board ratify the attached Warrants and Demands Register.
FISCAL IMPACT
The total of the attached Warrants Register for Successor Agency of the City of Baldwin Park was $1,458.94.
BACKGROUND
The attached Claims and Demands the required information as set out in the California Government Code. Staff has reviewed the requests for expenditures for the appropriate budgetary approval and for the authorization from the department head or its designee. Pursuant to Section 37208 of the California Government Code, the Chief Executive Officer or his/her designee does hereby certify to the accuracy of the demands hereinafter referred. Payments released since the previous meeting and the following is a summary of the payment released:
1. The May 03, 2024 to June 06, 2024 Successor Agency Warrant with check number 13638 through 13640 in the total amount of $1,458.94 was made on behalf of Successor Agency of the City of Baldwin Park constituting of claim and demand against the Successor Agency of the City of Baldwin Park, are herewith presented to the City Council as required by law, and hereby ratified.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Check Register
Check Register
City of Baldwin Park, CA
By (None)
Payment Dates: 5/3/2024 - 6/6/2024
Payment Number Payment Date Vendor Name Description (Item) Account Number Amount 13638 05/16/2024 CHRISTENSEN & SPATH LLPLEGAL SERVICE-HOUSING PROGRAM-GENERAL COUNSEL-4/29/24890-40-131-51102-54000 450.00$ 13639 05/16/2024 RSG INC HOUSING SUCCESSOR EXPENDITURES CATCH-UP FY23/24890-40-405-51100-00000 68.75$ 13640 05/30/2024 HDL, COREN & CONE PROPERTY TAX-JAN TO APR 2024 838-00-000-51100-14900 940.19$ Grand Total: 1,458.94$
STAFF REPORT
ITEM NO. _____SA 2 _____
TO: Honorable Mayor and Members of the City Council
FROM: Rose Tam, Director of Finance
PREPARED BY: Anthony Ceballos, Accountant
DATE: June 19, 2024
SUBJECT: Treasurer’s Report SA – March 2024
SUMMARY
Attached is the Treasurer’s Report for the month of March 2024. The Treasurer’s Report lists all cash for the City which includes the Baldwin Park Financing Authority, the Housing Authority, and the Successor Agency to the Community Development Commission (CDC). All investments are in compliance with the City’s Investment Policy and the California Government Code.
RECOMMENDATION
Staff recommends that the Board receive and file the Treasurer’s Report for March 2024.
FISCAL IMPACT
None
BACKGROUND
City of Baldwin Park Investment Policy requires the Treasurer’s Report be submitted to the Mayor and City Council on a monthly basis.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Exhibit “A”, Treasurer’s Report
STAFF REPORT
ITEM NO. ____SA 3____
TO: Honorable Mayor and Members of the City Council
FROM: Rose Tam, Director of Finance
PREPARED BY: Anthony Ceballos, Accountant
DATE: June 19, 2024
SUBJECT: Treasurer’s Report SA – April 2024
SUMMARY
Attached is the Treasurer’s Report for the month of April 2024. The Treasurer’s Report lists all cash for the City which includes the Baldwin Park Financing Authority, the Housing Authority, and the Successor Agency to the Community Development Commission (CDC). All investments are in compliance with the City’s Investment Policy and the California Government Code.
RECOMMENDATION
Staff recommends that the Board receive and file the Treasurer’s Report for April 2024.
FISCAL IMPACT
None
BACKGROUND
City of Baldwin Park Investment Policy requires the Treasurer’s Report be submitted to the Mayor and City Council on a monthly basis.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Exhibit “A”, Treasurer’s Report
ESTIMATED
INVESTMENT INTEREST PURCHASE MATURITY PAR CURRENT BOOK MARKET
DESCRIPTION RATE DATE DATE VALUE PRINCIPAL VALUE VALUE
State of California Local Agency Investment Fund (LAIF) * City-Including General Fund & all other Special Revenue Funds 4.272% Varies Varies 9,466,047.01$ 9,466,047.01$ 9,466,047.01$ 9,466,047.01$ * Housing Authority 4.272% Varies Varies 426.28 426.28 426.28 426.28 9,466,473.29 9,466,473.29 9,466,473.29 9,466,473.29
Certificate of Deposit
* Traditions Bancorp Inc. (Cambridge Investment Research) 4.650% 11/4/2022 11/4/2024 250,000.00 250,000.00 250,000.00 249,095.00 * BMO 5.400% 4/26/2024 7/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 10,005,917.80 10,250,000.00 10,250,000.00 10,250,000.00 10,255,012.80 US Treasury Securities
* United States Treas NTS 3.000T 07/31/24 B/E DTD 07/31/22 1st CPN DTE 01/31/23 CPN PMT Semi Annual (Multi-Bank Securities Inc.) 3.000% 7/13/2023 7/31/2024 6,500,000.00 6,500,000.00 6,500,000.00 6,460,870.00 * United States Treas Bills 0.000% 08/22/24 B/E DTD 02/22/24 (Piper Sandler & Co.) 0.000% 2/22/2024 8/22/2024 3,000,000.00 3,000,000.00 3,000,000.00 2,950,770.00 * United States Treas Bills 0.000% 09/26/24 B/E DTD 03/28/24 (Piper Sandler & Co.) 0.000% 4/3/2024 9/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 9,786,400.00 19,500,000.00 19,500,000.00 19,500,000.00 19,198,040.00 US Government Bonds
* Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Multi-Bank Securities Inc.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,994,880.00 * Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Piper Sandler & Co.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,994,880.00 * Federal Home LN BKS CONS BD 5.250% 12/30/24 B/E DTD
03/28/24 Callable 06/28/24 @ 100.000 (Piper Sandler & Co.) 5.250% 4/2/2024 12/30/2024 5,000,000.00 5,000,000.00 5,000,000.00 4,996,050.00 * Federal Home LN BKS CONS BD 5.350% 04/3/25 B/E DTD
04/4/24 Callable 07/3/24 @ 100.000 Moody Rating Aaa (Piper Sandler & Co.) 5.350% 4/4/2024 4/3/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,993,980.00 * Federal Home LN BKS CONS BD 5.180% 10/2/25 B/E DTD
04/2/24 Callable 01/2/25 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.180% 4/2/2024 10/2/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,981,030.00 * Federal Home LN BKS CONS BD 5.125% 03/27/26 B/E DTD
03/28/24 Callable 12/27/24 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.125% 4/2/2024 3/27/2026 7,000,000.00 7,000,000.00 7,000,000.00 6,973,400.00 30,000,000.00 30,000,000.00 30,000,000.00 29,934,220.00 US Bank - Debt Service Trustee Accounts
* Fiscal Agent Funds (Trust/Debt Service Fund) Varies Varies Varies 3,883,298.33 3,883,298.33 3,883,298.33 3,883,298.33 * Fiscal Agent Funds - Successor Agency (Trust/Debt Service Fund Varies Varies Varies 866.18 866.18 866.18 866.18 3,884,164.51 3,884,164.51 3,884,164.51 3,884,164.51
73,100,637.80$ 73,100,637.80$ 73,100,637.80$ 72,737,910.60$ Total Investments 73,100,637.80$
Cash with BMO
4,763,069.78
244,403.29
1.72 683,290.23
1,588,316.03
1,054,234.48
Total Cash with BMO 8,333,315.53
Investment Brokerage (Cash & Cash Equivalents) 21,720.55 Total Cash and Investments $ 81,455,673.88
Money Market Plus
Successor Agency
CITY OF BALDWIN PARK
TREASURER'S REPORT
4/30/2024
Housing Authority
City Miscellaneous Cash (W/C, P/R)
City Checking (General)
CNG Station
CITY OF BALDWIN PARK
TREASURER'S REPORT
4/30/2024
Approved by:
Rose Tam
Director of Finance
Statement of Investment Policy.
* There was multiple investment purchase transactions made for the month of April 2024 and several deposits/withdrawals were made through the Local Agency Investment Fund.
In compliance with the California Government Code Section 53646 et seq., I hereby certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months that all investments are in compliance to the City's * Schedule of Cash and Investments includes city-wide assets as included in the Comprehensive Annual Financial Report.
STAFF REPORT
ITEM NO. ____SA 4____
TO: Honorable Mayor and Members of the City Council
FROM: Enrique C. Zaldivar, Chief Executive Officer
Rose Tam, Director of Finance
DATE: June 19, 2024
SUBJECT: Public Hearing and Adoption of the Budget for Fiscal Year 2024-25 for the City, Finance Authority, Municipal Financing Authority, Housing Authority and Successor Agency
SUMMARY
The Mayor and the City Council are required to adopt a budget annually for each fiscal year for the City and hold a public hearing for its consideration and approval. In addition, they must also adopt budgets for the Financing Authority, Municipal Financin g Authority, Housing Authority, and the Successor Agency to the Dissolved Community Development Commission, where they also sit as Board Members. Attached is the proposed budget for fiscal year 2024-25 and the resolutions which approve the adoption of the budget. The capital improvement projects (CIP) proposed budget for fiscal year 2024-25 is not included and will be presented at a later date.
RECOMMENDATION
Staff recommends that the City Council open a public hearing, and following the public hearing, adopt the fiscal year 2024-25 Budget for:
• City of Baldwin Park by Resolution No. 2024-027, and
• Finance Authority by Resolution No. FA 2024-001, and
• Municipal Financing Authority by Resolution No. MFA 2024-001, and • Housing Authority by Resolution No. HA 2024-003, and
• Successor Agency by Resolution No. SA 2024-001
FISCAL IMPACT
General Fund (100)
Revenues $ 38,328,256
Expenditures $ 41,417,628
Deficit $ (3,089,372)
Other Funds – Expenditures
Measure BP Sales Tax (TUT) Fund $ 810,314
Future Development Fund $ 1,186,316
Community Enhancement Fund $ 181,900
Internal Service Funds $ 8,637,491
Special Revenue Funds $ 75,519,993
Finance Authority $ 6,360,254
Successor Agency $ 2,157,531
Housing Authority $ 10,508,120
Total Other Funds – Expenditures $ 105,361,919
TOTAL BUDGET (CITY-WIDE EXPENDITURES) $ 146,779,547
BACKGROUND
The Mayor and the City Council are required to adopt a budget each fiscal year for the City and its respective Agencies and Authorities to operate. The Chief Executive Officer and Director of Finance met initially with each member of the Executive Team an d their managers/supervisors/assistants to review their departmental budgets and their various requests. From those meetings a proposed budget was assembled and presented to the Mayor and City Council to review and consider. The Mayor and the City Council are also required to hold a public hearing, and at the conclusion of the public hearing, the City may adopt the budget as originally filed or changed by it. The Public Hearing Notice was posted as required.
The City-wide total proposed budget for Fiscal Year 2024-25 is $146,779,547. The total projected General Fund revenue is $38,341,837 and expenditure is $41,440,790 with a projected deficit of $3,098,953. Due to the onset of COVID-19 in FY 2020-21, many programs were suspended for approximately a year. Combined with savings from vacant positions and funding from ARPA for many programs and projects, the City has generated a surplus over the past 3 fiscal years (FY 2021, 2022, 2023), amounts to $3.9M that has been added to the General Fund reserve. The surplus can be utilized to support the projected deficit due to increases in expenditure. The projected General Fund Reserve balance at the end of the fiscal year will be $9.9 million.
The General Fund revenue is expected to increase by $752,435 from the pr ior year. The projected increases are mainly from sales tax, utility users tax, property tax in lieu of VLF, franchise fees, business licenses, transient occupancy tax, SB211 passthrough from the redevelopment property tax (former RDA project areas) and interest earnings. We projected $557,333 to be transferred to the General Fund from the cannabis public benefit fees to be used to fund safety, community enhancement, as well as funding youth and community services. A small percentage is used to fund administration costs and related legal expenses.
The City’s General Fund proposed expenditures are $41,417,628, an increase of $4.9 million from the prior year.
The increases is due to inflation, causing the cost of everything to increase. The other main reason here is due to the proposed COLA increase including part -time employees, health insurance, other MOU related costs, and increase in CalPERS pension cost. The COLA adjustments will enhance city-wide salaries making the City more competitive in hiring and employee retention.
Public safety continues to be the priority of the City. Therefore, another major increase is the public safety budget due to the planned filling of police officer vacancies and contractual obligations. The increases in personnel and maintenance/operation are mainly due to the COLA and CPI.
The General Fund projected expenditures also include an estimated cost of $513,060 to support many special events, programs, and quality of life activities to benefit the residents, business, and the community. These special events, programs and activities include but are not limited to the 4th of July Celebration, Concerts in the Park, Downtown Street Market, Posada, State of the City Address, Arbor Day Celebration, Breakfast with Santa, Spring Fest, Tree Lighting Ceremony, Christmas with the COPS, National Night Out, Trick or Treat with the COPS, Pride of the Valley 5K Run, Mental Health Awareness and Veterans Day Ceremony, and Celebrate Baldwin Park Holiday Parade.
This proposed budget also includes the newly implemented Measure BP Sales Tax Fund -Transactions and Use Taxes (TUT). The City has received $7,537,356 TUT as of May 2024 since the inception, April 2023. The projected revenue for FY 2024-25 is $5,713,352 and proposed expenditure is $810,314.
The City will continue to take a balanced and conservative approach in managing expenditures, as well as seeking other sources of revenue to maintain a healthy reserve balance to meet future rising costs. unforeseen and/or
emergency situations. The City will continue to practice proactive planning, promote increased productivity, encourage efficiency in the workplace, seek new revenues, and reinvest in the community. Staff will continue to monitor appropriations and expendi ture closely and will keep the Mayor and City Council apprised of any significant changes that will impact on the budget.
ALTERNATIVES
In the event the budget is not adopted by July 1, 2024, staff is recommending that the City Council approve Continuing Appropriation Resolution Nos. 2024 -028; FA 2024 -002; MFA 2024 -002; HA 2024 -004; and SA 2024-002, which will allow the City to operate wit h the prior fiscal year’s budget until a new budget is adopted. This will allow the City to continue providing vital services to the community but does not allow for spending for any new program, including new capital expenditures, until such time as a new budget is adopted by the City Council.
LEGAL REVIEW
This report and resolutions have been reviewed and approved by the City Attorney as to form.
ATTACHMENTS
1. Budget Resolution Nos. 2024-027; FA 2024-001; MFA 2024-001; HA 2024-003; and SA 2024-001
2. Continuing Appropriation Resolution Nos. 2024 -028; FA 2024-002; MFA 2024-002; HA 2024-004; and SA 2024-002
3. FY2024-25 Proposed Budget (Summary). The proposed line -item budget will be available on the City’s website by June 13, 2024.
4. FY2024-25 Projected Fund Balance.
5. FY2024-25 Proposed General Fund Reserve Bar Chart
Attachment 1
RESOLUTION NO. 2024-027
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN
PARK ADOPTING THE BUDGET OF THE CITY FOR THE FISCAL
YEAR COMMENCING JULY 1, 2024 AND ENDING JUNE 30, 2025
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Chief Executive Officer and Director of Finance and as modified by the City Council for said fiscal year. A Budget is attached to this Resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several departments, offices, and agencies for the respective objects and purposes therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicab le ordinances of the City and statutes of the State.
SECTION 3. That the authority granted for making expenditures from other than the General Fund shall be limited to the actual amount of money received from the source of funds indicated in the Budget for each department, section, or purpose, and no liability upon the General Fund is assumed or can be imposed in excess of such amounts as may be provided therefore in this Budget from the General Fund. In the event that the amounts of money received and credited to the special funds exceed the amount herein estimated, such excess receipts shall be considered deferred allocations in such special funds, contingent upon such receipt and no expenditure thereof made except under the provisions as provided by law or ordinance.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the City Council by a majority vote of a quorum of the City Council.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
Attachment 1 (Continued)
(C) Transfers up to $15,000 between cost center programs may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the City Council by a majority vote of a quorum of the City Council.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the City Council for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss:
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. 2024-027 was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at a regular meeting of the City Council on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
________________________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. FA 2024-001
A RESOLUTION OF THE FINANCING AUTHORITY OF THE
CITY OF BALDWIN PARK ADOPTING THE BUDGET OF THE
AUTHORITY FOR THE FISCAL YEAR COMMENCING JULY 1,
2024 AND ENDING JUNE 30, 2025
NOW THEREFORE, THE FINANCING AUTHORITY BOARD MEMBERS OF THE
CITY OF BALDWIN PARK DO ES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Financing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Financing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. FA 2024-001 was duly and regularly approved and adopted by the Members of the Financing Authority of the City of Baldwin Park at a regular meeting of the Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. HA 2024-003
A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY
OF BALDWIN PARK ADOPTING THE BUDGET OF THE
AUTHORITY FOR THE FISCAL YEAR COMMENCING JULY 1,
2024 AND ENDING JUNE 30, 2025
THE HOUSING AUTHORITY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Housing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Housing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. HA 2024-003 was duly and regularly approved and adopted by the Members of the Housing Authority of the City of Baldwin Park at a regular meeting of the Housing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. MFA 2024-001
A RESOLUTION OF THE MUNICIPAL FINANCING
AUTHORITY OF THE CITY OF BALDWIN PARK ADOPTING
THE BUDGET OF THE AUTHORITY FOR THE FI SCAL YEAR
COMMENCING JULY 1, 2024 AND ENDING JUNE 30, 2025
THE MUNICIPAL FINANCING AUTHORITY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Municipal Financing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Municipal Financing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. MFA 2024-001 was duly and regularly approved and adopted by the Members of the Municipal Financing Authority of the City of Baldwin Park at a regular meeting of the Municipal Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
None
Attachment 1 (Continued)
RESOLUTION NO. SA 2024-001
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
DISSOLVED COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF BALDWIN PARK ADOPTING THE BUDGET OF
THE AUTHORITY FOR THE FI SCAL YEAR COMMENCING
JULY 1, 2024 AND ENDING JUNE 30, 2025
THE SUCCESSOR AGENCY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY AS RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Successor Agency of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Successor Agency and as modified by the Agency Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the Authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Agency Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Agency Board by a majority vote of a quorum of the Agency Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Agency Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the Secretary shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ , Secretary of the Successor Agency of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. SA 2024-001 was duly and regularly approved and adopted by the Members of the Successor Agency of the City of Baldwin Park at a regular meeting of the Successor Agency on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
SECRETARY
Attachment 2
RESOLUTION NO. 2024-028
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN
PARK, COUNTY OF LOS ANGELES, STAT E OF CALIFORNIA
AUTHORIZING A CONTINUING APPROPRIATION FOR THE
TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL YEAR
2024-25 PENDING FINAL APPROVAL OF THE 2024-25 BUDGET
WHEREAS, the City needs an operating budget to function financially, and
WHEREAS, the City desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the City Council has a properly approved budget for fiscal year 2023-
24. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The City adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Chief Executive Officer is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Mayor or presiding officer of the Baldwin Park City Council is hereby authorized to execute this resolution indicating its adoption by the City Council.
Section 4. That this Resolution shall become effective retroactively as of July 1, 2023.
Section 5. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Mayor
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. 2024-028 was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
________________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 2 (Continued)
RESOLUTION NO. FA 2024-002
A RESOLUTION OF THE FINANCING AUTHORITY OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Financing Authority needs an operating budget to function financially, and
WHEREAS, the Financing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Financing Authority has a properly approved budget for fiscal year 2023-24.
NOW, THEREFORE BE IT RESOLVED BY THE FINANCING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY AND ORDER AS FOLLOWS:
Section 1. The Financing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Financing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Financing Authority is hereby authorized to execute this resolution indicating its adoption by the Financing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. FA 2024-002 was duly and regularly approved and adopted by the Financing Authority of the City of Baldwin Park at a regular meeting of the Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_______________________
Christopher Saenz
City Clerk
Attachment 2 (Continued)
RESOLUTION NO. HA 2024-004
A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Housing Authority needs an operating budget to function financially, and
WHEREAS, the Housing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Housing Authority has a properly approved budget for fiscal year 2023-24.
NOW THEREFORE, THE HOUSING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Housing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Housing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Housing Authority is hereby authorized to execute this resolution indicating its adoption by the Housing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. HA 2024-004 was duly and regularly approved and adopted by the Housing Authority of the City of Baldwin Park at a regular meeting of the Housing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_______________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 2 (Continued)
RESOLUTION NO. MFA 2024-002
A RESOLUTION OF THE MUNICIPAL FINANCING AUTHORITY OF
THE CITY OF BALDWIN PARK, COUNTY OF LOS ANGELES, STATE
OF CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION
FOR THE TEMPORARY USE OF THE 2023-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Municipal Financing Authority needs an operating budget to function financially, and
WHEREAS, the Municipal Financing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Municipal Financing Authority has a properly approved budget for fiscal year 2023-24.
NOW THEREFORE THE MUNICIPAL FINANCING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Municipal Financing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Municipal Financing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Municipal Financing Authority is hereby authorized to execute this resolution indicating its adoption by the Municipal Financing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. MFA 2024-002 was duly and regularly approved and adopted by the Municipal Financing Authority of the City of Baldwin Park at a regular meeting of the Municipal Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_____________________
Christopher Saenz
City Clerk
Attachment 2 (Continued)
RESOLUTION NO. SA 2024-002
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE DISSOLVED
COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 2023-24 BUDGET FOR FISCAL YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25 BUDGET
WHEREAS, the Successor Agency needs an operating budget to function financially, and
WHEREAS, the Successor Agency desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Successor Agency has a properly approved budget for fiscal year 2023-24.
NOW, THEREFORE THE SUCCESSOR AGENCY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Successor Agency adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Successor Agency Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Successor Agency is hereby authorized to execute this resolution indicating its adoption by the Successor Agency.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. SA 2024-002 was duly and regularly approved and adopted by the Successor Agency of the City of Baldwin Park at a regular meeting of the Successor Agency on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_____________________
CHRISTOPHER SAENZ
CITY CLERK
Fund Fund Description
FY 2025
Proposed
Revenues
FY 2025
Proposed
Expenditures
Surplus /
(Deficit)
General Fund
100 General Fund* 38,328,256 41,417,628 (3,089,372) 110 Measure BP Sales Tax (TUT) 5,713,352 810,314 4,903,038 200 Future Development Fund** 32,360 1,186,316 (1,153,956) 210 Community Enhancement Fund** 100,000 181,900 (81,900) Subtotal - General Fund 44,173,968 $ 43,596,158$ 577,810 $ Internal Services Funds
401 Information and Support Services 1,345,293 1,605,293 (260,000) 402 Fleet Services 1,261,577 1,491,577 (230,000) 403 Internal Insurance 5,540,621 5,540,621 - Subtotal - Internal Services Funds 8,147,491 $ 8,637,491$ (490,000)$ Special (Restricted) Funds
205 Federal Asset Forfeiture - 57,043 (57,043) 208 Law Enforcement Development Impact 20,600 25,000 (4,400) 209 AB74 Public Safety Enhancement - 22,589 (22,589) 220 Community Development Block Grant 2,251,054 2,303,667 (52,613) 221 H.O.M.E. (Home Investment Partnership Program) 4,091,516 3,600,511 491,005 222 CAL Home 100 - 100 230 AB1693 Business Improvement Fees 135,200 157,106 (21,906) 231 Air Quality Management 94,632 133,012 (38,380) 234 Park Fees (Quimby Act) 220,000 2,546,571 (2,326,571) 235 General Plan Fees 162,000 559,545 (397,545) 236 Public Art Fees 33,000 - 33,000 237 Cannabis Fees 738,333 738,333 0 240 Gasoline Tax 1,964,162 1,961,589 2,573 241 Surface Transportation Program 18,000 985,785 (967,785) 243 Bicycle and Pedestrian Safety 296,095 - 296,095 244 Proposition A 2,265,346 2,168,467 96,879 245 Proposition C 1,651,707 2,782,907 (1,131,200) 246 AB939 Integrated Waste Management 643,000 669,479 (26,479) 247 Oil Recycling Grant 10,000 11,637 (1,637) 249 Storm Drains NPDS 175,100 173,415 1,685 250 Assessment District 14,630 - 14,630 251 Street Lighting and Landscape 2,332,673 2,753,675 (421,002) 252 Parks Maintenance Assessment District 1,107,280 1,107,280 - 253 Proposition A - Parks 60 - 60 254 Measure R Local Return 1,248,280 2,326,349 (1,078,069) 255 Measure M 2,733,014 3,035,428 (302,414) 256 SB1 Road Repair & Accountability 1,852,108 3,162,093 (1,309,985) 257 Traffic Mitigation Fees 1,600 - 1,600 258 Measure W 5,575,690 15,556,965 (9,981,275) 270 Grants Fund 20,350,263 18,890,257 1,460,006 271 Police Grants Fund 193,393 169,151 24,242 275 American Rescue Plan Act 10,000 9,553,590 (9,543,590) 280 Cooperative Agreements Contributions 15,000 15,000 - 450 BPROUD Utility District 3,000 4,550 (1,550) Subtotal Special Funds 50,206,836 $ 75,519,993$ (25,313,156)$ TOTAL GENERAL, INTERNAL SERVICES, & SPECIAL FUNDS102,528,295$ 127,753,642$ (25,225,347)$ City of Baldwin Park
Fiscal Year 2024-2025 Proposed Budget
Attachment 3
Fund Fund Description
FY 2025
Proposed
Revenues
FY 2025
Proposed
Expenditures
Surplus /
(Deficit)
City of Baldwin Park
Fiscal Year 2024-2025 Proposed Budget
Financing Authority Funds
610 COP Lease Payment 590,399 590,399 - 651 Pension Obligation Bond 2019 3,844,972 3,846,623 (1,651) 660 Measure M Rev Bond 588,669 1,923,232 (1,334,563) Subtotal Financing Authority Funds 5,024,040 $ 6,360,254$ (1,336,214)$ Successor Agency Funds
Capital Projects
806 Sierra Vista Capital Project 116,741 116,741 - Subtotal Capital Projects 116,741 $ 116,741$ - $ Debt Service
838 BP Merged 2017 Refinance 1,090,263 1,086,883 3,380 Subtotal Debt Service 1,090,263 $ 1,086,883$ 3,380 $ Low/Mod Housing
890 Low/Mod Income Housing 127,000 953,908 (826,908) Subtotal Low/Mod Housing 127,000 $ 953,908$ (826,908)$ TOTAL SUCCESSOR AGENCY FUNDS 1,334,004$ 2,157,531$ (823,527.83)$ Housing Authority
901 Housing Voucher Choice 9,461,435 9,502,111 (40,676) 902 Housing Authority American Rescue Plan Act 827,588 777,774 49,814 905 Public Housing 109,599 197,410 (87,811) 910 CIAP 30,825 30,825 - Subtotal Housing Authority Funds 10,429,447 $ 10,508,120$ (78,672.62)$ COMBINED GRAND TOTAL - ALL FUNDS 119,315,786$ 146,779,547$ (27,463,761)$ 9,929,084$ * The Projected General Fund Reserve Balance at June 30, 2025 is:
** The Future Development Fund and Community Enhancement Fund were merged with the General Fund. However, these funds are committed for future / special projects pending City Council approval.
Attachment 3 (Continued)
Projected 2025 2025 2025 2025 Projected
Fund Balance Proposed Proposed Proposed Proposed Fund Balance Fund Fund Description 06/30/2024 Revenues Transfers In Expenditures Transfers Out 06/30/2025 General Fund
100 General Fund* 43,845,179 37,770,923 557,333 40,623,501 794,127 40,755,807 110 Measure BP Sales Tax (TUT) 8,693,724 5,713,352 - 810,314 - 13,596,762 200 Future Development Fund** 4,290,027 32,360 - 1,186,316 - 3,136,071 210 Community Enhancement Fund** 631,438 100,000 - 181,900 - 549,538 Subtotal - General Fund 57,460,368 $ 43,616,635$ 557,333 $ 42,802,031$ 794,127 $ 58,038,177$ Internal Services Funds
401 Information and Support Services 312,132 1,345,293 - 1,605,293 - 52,132 402 Fleet Services 283,768 1,261,577 - 1,491,577 - 53,768 403 Internal Insurance (7,761,547) 5,540,621 - 5,540,621 - (7,761,547) 404 Capital Equipment (3,791) - - - - (3,791) Subtotal - Internal Services Funds (7,169,439)$ 8,147,491$ - $ 8,637,491$ - $ (7,659,439)$ Special (Restricted) Funds
205 Federal Asset Forfeiture 83,104 - - 57,043 - 26,061 206 State Asset Forfeiture 56,068 - - 49,000 - 7,068 207 Local Law Enforcement Block Grant 15,648 - - - - 15,648 208 Law Enforcement Development Impact 101,049 20,600 - 25,000 - 96,649 209 AB74 Public Safety Enhancement 126,471 - - 22,589 - 103,883 220 Community Development Block Grant 304,666 2,251,054 - 2,303,667 - 252,053 221 H.O.M.E. (Home Investment Partnership Program) 6,925,295 4,091,516 - 3,600,511 - 7,416,299 222 CAL Home 159,547 100 - - - 159,647 230 AB1693 Business Improvement Fees 22,225 135,200 - 157,106 - 319 231 Air Quality Management 96,199 94,632 - 133,012 - 57,819 232 Residential Development Fee 4 - - - - 4 233 Economic Development Grant 554 - - - - 554 234 Park Fees (Quimby Act) 2,335,571 220,000 - 2,546,571 - 9,000 235 General Plan Fees 578,519 162,000 - 559,545 - 180,975 236 Public Art Fees 253,190 33,000 - - - 286,190 237 Cannabis Fees (19,225) 738,333 - 181,000 557,333 (19,224) 240 Gasoline Tax (242,700) 1,964,162 - 1,961,589 - (240,127) 241 Surface Transportation Program 968,537 18,000 - 985,785 - 752 243 Bicycle and Pedestrian Safety 15 296,095 - - - 296,110 244 Proposition A 428,637 2,265,346 - 2,168,467 - 525,516 245 Proposition C 1,181,358 1,651,707 - 2,782,907 - 50,158 246 AB939 Integrated Waste Management 145,494 643,000 - 669,479 - 119,014 247 Oil Recycling Grant (11,192) 10,000 - 11,637 - (12,829) 249 Storm Drains NPDS 85,074 175,100 - 173,415 - 86,759 250 Assessment District 419,153 14,630 - - - 433,783 251 Street Lighting and Landscape 738,455 2,332,673 - 2,753,675 - 317,453 252 Parks Maintenance Assessment District 3,692 903,552 203,728 1,107,280 - 3,692 253 Proposition A - Parks 60 60 - - - 120 254 Measure R Local Return 1,112,412 1,248,280 - 2,326,349 - 34,343 255 Measure M 660,725 1,398,451 1,334,563 2,446,759 588,669 358,311 256 SB1 Road Repair & Accountability 2,876,198 1,852,108 - 3,162,093 - 1,566,213 257 Traffic Mitigation Fees (8,021) 1,600 - - - (6,421) 258 Measure W 14,154,035 5,575,690 - 15,556,965 - 4,172,760 City of Baldwin Park
Fiscal Year 2024-2025 Projected Fund Balance
Attachment 4
Projected 2025 2025 2025 2025 Projected
Fund Balance Proposed Proposed Proposed Proposed Fund Balance Fund Fund Description 06/30/2024 Revenues Transfers In Expenditures Transfers Out 06/30/2025 259 Measure H 110,250 - - - - 110,250 270 Grants Fund (1,661,041) 20,350,263 - 18,890,257 - (201,035) 271 Police Grants Fund 90,771 193,393 - 169,151 - 115,013 275 American Rescue Plan Act 9,873,227 10,000 - 9,553,590 - 329,638 280 Cooperative Agreements Contributions 31,475 15,000 - 15,000 - 31,475 301 Building Reserve 10,213 - - - - 10,213 450 BPROUD Utility District 305,349 3,000 - 4,550 - 303,799 Subtotal Special Funds 42,311,061 $ 48,668,545$ 1,538,291$ 74,373,991$ 1,146,002$ 16,997,904$ TOTAL GENERAL, INTERNAL SERVICES & SPECIAL FUNDS 92,601,990$ 100,432,671$ 2,095,624$ 125,813,513$ 1,940,129$ 67,376,643$ Financing Authority Funds
601 Debt Service 36,393 - - - - 36,393 610 COP Lease Payment - - 590,399 590,399 - - 635 BPFA/PM 2003 Tax Alloc 33,104 - - - - 33,104 637 BPFA/CBD 1990 Refunding Loan 143 - - - - 143 650 Pension Obligation Bond 3,355 - - - - 3,355 651 Pension Obligation Bond 2019 191,917 3,844,972 - 3,846,623 - 190,266 660 Measure M Rev Bond 3,175,592 - 588,669 588,669 1,334,563 1,841,029 Subtotal Financing Authority Funds 3,440,504$ 3,844,972$ 1,179,068$ 5,025,691$ 1,334,563$ 2,104,290$ Successor Agency Funds
Capital Projects
806 Sierra Vista Capital Project 1,511,424 - 116,741 116,741 - 1,511,424 Subtotal Capital Projects 1,511,424 $ - $ 116,741$ 116,741$ - $ 1,511,424$ Debt Service
838 BP Merged 2000 Refinance 2,471 1,090,263 - 970,142 116,741 5,851 Subtotal Debt Service 2,471 $ 1,090,263$ - $ 970,142$ 116,741$ 5,851 $ Low/Mod Housing
890 Low/Mod Income Housing 10,726,851 127,000 - 953,908 - 9,899,942 Subtotal Low/Mod Housing 10,726,851 $ 127,000 $ - $ 953,908$ - $ 9,899,942$ TOTAL SUCCESSOR AGENCY FUNDS 12,240,745$ 1,217,263$ 116,741$ 2,040,791$ 116,741$ 11,417,217$ Housing Authority
901 Housing Voucher Choice 51,632 9,461,435 - 9,502,111 - 10,956 902 Housing Authority American Rescue Plan Act 208,769 827,588 - 777,774 - 258,584 905 Public Housing 285,057 78,774 30,825 197,410 - 197,246 910 CIAP - 30,825 - - 30,825 - Subtotal Housing Authority Funds 545,458 $ 10,398,622$ 30,825 $ 10,477,295$ 30,825 $ 466,786$ COMBINED GRAND TOTAL - ALL FUNDS 108,828,697$ 115,893,528$ 3,422,257$ 143,357,289$ 3,422,257$ 81,364,936$ $ 9,929,084 * The Projected General Fund Reserve Balance at June 30, 2025 is:
** The Future Development Fund and Community Enhancement Fund were merged with the General Fund. However, these funds are committed for future / special projects pending City Council approval.
Attachment 4 (Continued)
General Fund Reserve Bar Chart - Fiscal Year 2024-25 Projected $0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000 2016 2017 2018 2019 2020 2021 2022 2023 2024Projected2025Projected$7,572,817 $7,090,375 $8,484,704 $9,409,180 $9,730,683 $10,465,582 $11,304,427 $12,134,376 $13,018,456 $9,929,084 Note: This table does not include the Future Development Fund or Community Enhancement Fund.
Attachment 5
FINANCE AUTHORITY
REGULAR MEETING
Agenda
June 19, 2024, 7:00 PM
Chair
Vice Chair
Board Member
Board Member
Board Member
Emmanuel J. Estrada
Jean M. Ayala
Alejandra Avila
Daniel Damian
Monica Garcia
Welcome to your Finance Authority Meeting
We welcome your interest and involvement in the City’s legislative process. This agenda includes information about topics coming before the Board Members and the action recommended by city staff. You can read about each topic in the staff reports, which are available on the city’s website and in the Office of the City Clerk.
Please note that, in the event of a technical issue causing a disruption in the call-in option or internet-based option, the meeting will continue unless otherwise required by law, such as when a Board Member is attending the meeting virtually pursuant to certain provisions of the Brown Act. Electronic devices are to be turned off while meetings are in session.
How to watch
The City of Baldwin Park provides two ways to watch a Finance Authority meeting:
In Person
Most Finance Authority meetings take
place at City Hall, 14403 E. Pacific
Ave., Baldwin Park, CA 91706
Online
Audio streaming will be available at
https://www.youtube.com/channel/UCFLZ0_dDFRjy59rhiDZ13Fg/featured?view_as=subscriber http://baldwinpark.granicus.com/ViewPublisher.php?view_id=10 Reasonable Accommodations
Individuals with disabilities may request an agenda packet in appropriate alternative formats as required by the Americans with Disability Act of 1990. Reasonable accommodations and auxiliary aids will be provided to effectively allow participation in the meeting. Please contact the City Clerk’s Office at (626) 960-4011.
Public Comments
The public is encouraged to address the City Council or any of its Agencies listed on this agenda on any matter posted on the agenda or on any other matter within its jurisdiction. In accordance with Chapter 39 of the Baldwin Park Municipal Code, Speakers must address the Council as a whole and refrain from making impertinent, slanderous, or profane remarks or disrupt the peace of the meeting. Speaker cards are available at the podium and by request with the City Clerk.
Public Communication
There is a three-minute speaking time limit. This is the time set aside to address the City Council. Please notify the City Clerk if you require the services of an interpreter. No Action may be taken on a matter unless it is listed on the agenda, or unless certain emergency or special circumstances exist. The legislative body or its staff may: 1) Briefly respond to statements made or questions asked by persons; or 2) Direct staff to investigate and/or schedule matters for consideration at a future meeting. [Government Code §54954.2] If you wish to comment on agenda items and are unable to physically appear in person, please email your name, place of residence, item number or topic and a phone number where you will be available between the hours of 7:00 PM du ring City Council Meetings to [email protected]. Written comments will be distributed and will be made part of the written record but will NOT be read verbally at the meeting.
CALL TO ORDER
ROLL CALL
PUBLIC COMMUNICATIONS
CONSENT CALENDAR
1. Treasurer’s Report FA – March 2024
Staff recommends that the Board receive and file the Treasurer’s Report for March 2024.
2. Treasurer’s Report FA – April 2024
Staff recommends that the Board receive and file the Treasurer’s Report for April 2024.
PUBLIC HEARING
3. Public Hearing and Adoption of the Budget for Fiscal Year 2024-25 for the City, Finance Authority, Municipal Financing Authority, Housing Authority and Successor Agency Staff recommends that the City Council open a public hearing, and following the public hearing, adopt the fiscal year 2024-25 Budget for:
• City of Baldwin Park by Resolution No. 2024-027, and
• Finance Authority by Resolution No. FA 2024-001, and
• Municipal Financing Authority by Resolution No. MFA 2024-001, and • Housing Authority by Resolution No. HA 2024-003, and
• Successor Agency by Resolution No. SA 2024-001
ADJOURNMENT
CERTIFICATION
I, Christopher Saenz, City Clerk of the City of Baldwin Park hereby certify that, under penalty of perjury under the laws of the State of California that the foregoing agenda was posted on the City Hall bulletin board not less than 72 hours prior to the meeting.
Christopher Saenz
City Clerk
For further information regarding agenda items, please contact the office of the City Clerk at (626) 960-4011 ext. 466 or via e-mail at [email protected]. In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the Public Works Department or Risk Management at (626) 960-4011. Notification 48 hours prior to the meeting will enable staff to make reasonable arrangements to ensure accessibility to this meeting. (28 CFR 34.102.104 ADA TITLE II)
STAFF REPORT
ITEM NO. _____FA 1 _____
TO: Chair and Members of the Finance Authority
FROM: Rose Tam, Director of Finance
PREPARED BY: Anthony Ceballos, Accountant
DATE: June 19, 2024
SUBJECT: Treasurer’s Report FA – March 2024
SUMMARY
Attached is the Treasurer’s Report for the month of March 2024. The Treasurer’s Report lists all cash for the City which includes the Baldwin Park Financing Authority, the Housing Authority, and the Successor Agency to the Community Development Commission (CDC). All inves tments are in compliance with the City’s Investment Policy and the California Government Code.
RECOMMENDATION
Staff recommends that the Board receive and file the Treasurer’s Report for March 2024.
FISCAL IMPACT
None
BACKGROUND
City of Baldwin Park Investment Policy requires the Treasurer’s Report be submitted to the Mayor and City Council on a monthly basis.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Exhibit “A”, Treasurer’s Report
STAFF REPORT
ITEM NO. ___FA 2____
TO: Chair and Members of the Finance Authority
FROM: Rose Tam, Director of Finance
PREPARED BY: Anthony Ceballos, Accountant
DATE: June 19, 2024
SUBJECT: Treasurer’s Report FA – April 2024
SUMMARY
Attached is the Treasurer’s Report for the month of April 2024. The Treasurer’s Report lists all cash for the City which includes the Baldwin Park Financing Authority, the Housing Authority, and the Successor Agency to the Community Development Commission (CDC). All inves tments are in compliance with the City’s Investment Policy and the California Government Code.
RECOMMENDATION
Staff recommends that the Board receive and file the Treasurer’s Report for April 2024.
FISCAL IMPACT
None
BACKGROUND
City of Baldwin Park Investment Policy requires the Treasurer’s Report be submitted to the Mayor and City Council on a monthly basis.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Exhibit “A”, Treasurer’s Report
ESTIMATED
INVESTMENT INTEREST PURCHASE MATURITY PAR CURRENT BOOK MARKET
DESCRIPTION RATE DATE DATE VALUE PRINCIPAL VALUE VALUE
State of California Local Agency Investment Fund (LAIF) * City-Including General Fund & all other Special Revenue Funds 4.272% Varies Varies 9,466,047.01$ 9,466,047.01$ 9,466,047.01$ 9,466,047.01$ * Housing Authority 4.272% Varies Varies 426.28 426.28 426.28 426.28 9,466,473.29 9,466,473.29 9,466,473.29 9,466,473.29
Certificate of Deposit
* Traditions Bancorp Inc. (Cambridge Investment Research) 4.650% 11/4/2022 11/4/2024 250,000.00 250,000.00 250,000.00 249,095.00 * BMO 5.400% 4/26/2024 7/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 10,005,917.80 10,250,000.00 10,250,000.00 10,250,000.00 10,255,012.80 US Treasury Securities
* United States Treas NTS 3.000T 07/31/24 B/E DTD 07/31/22 1st CPN DTE 01/31/23 CPN PMT Semi Annual (Multi-Bank Securities Inc.) 3.000% 7/13/2023 7/31/2024 6,500,000.00 6,500,000.00 6,500,000.00 6,460,870.00 * United States Treas Bills 0.000% 08/22/24 B/E DTD 02/22/24 (Piper Sandler & Co.) 0.000% 2/22/2024 8/22/2024 3,000,000.00 3,000,000.00 3,000,000.00 2,950,770.00 * United States Treas Bills 0.000% 09/26/24 B/E DTD 03/28/24 (Piper Sandler & Co.) 0.000% 4/3/2024 9/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 9,786,400.00 19,500,000.00 19,500,000.00 19,500,000.00 19,198,040.00 US Government Bonds
* Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Multi-Bank Securities Inc.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,994,880.00 * Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Piper Sandler & Co.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,994,880.00 * Federal Home LN BKS CONS BD 5.250% 12/30/24 B/E DTD
03/28/24 Callable 06/28/24 @ 100.000 (Piper Sandler & Co.) 5.250% 4/2/2024 12/30/2024 5,000,000.00 5,000,000.00 5,000,000.00 4,996,050.00 * Federal Home LN BKS CONS BD 5.350% 04/3/25 B/E DTD
04/4/24 Callable 07/3/24 @ 100.000 Moody Rating Aaa (Piper Sandler & Co.) 5.350% 4/4/2024 4/3/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,993,980.00 * Federal Home LN BKS CONS BD 5.180% 10/2/25 B/E DTD
04/2/24 Callable 01/2/25 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.180% 4/2/2024 10/2/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,981,030.00 * Federal Home LN BKS CONS BD 5.125% 03/27/26 B/E DTD
03/28/24 Callable 12/27/24 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.125% 4/2/2024 3/27/2026 7,000,000.00 7,000,000.00 7,000,000.00 6,973,400.00 30,000,000.00 30,000,000.00 30,000,000.00 29,934,220.00 US Bank - Debt Service Trustee Accounts
* Fiscal Agent Funds (Trust/Debt Service Fund) Varies Varies Varies 3,883,298.33 3,883,298.33 3,883,298.33 3,883,298.33 * Fiscal Agent Funds - Successor Agency (Trust/Debt Service Fund Varies Varies Varies 866.18 866.18 866.18 866.18 3,884,164.51 3,884,164.51 3,884,164.51 3,884,164.51
73,100,637.80$ 73,100,637.80$ 73,100,637.80$ 72,737,910.60$ Total Investments 73,100,637.80$
Cash with BMO
4,763,069.78
244,403.29
1.72 683,290.23
1,588,316.03
1,054,234.48
Total Cash with BMO 8,333,315.53
Investment Brokerage (Cash & Cash Equivalents) 21,720.55 Total Cash and Investments $ 81,455,673.88
Money Market Plus
Successor Agency
CITY OF BALDWIN PARK
TREASURER'S REPORT
4/30/2024
Housing Authority
City Miscellaneous Cash (W/C, P/R)
City Checking (General)
CNG Station
CITY OF BALDWIN PARK
TREASURER'S REPORT
4/30/2024
Approved by:
Rose Tam
Director of Finance
Statement of Investment Policy.
* There was multiple investment purchase transactions made for the month of April 2024 and several deposits/withdrawals were made through the Local Agency Investment Fund.
In compliance with the California Government Code Section 53646 et seq., I hereby certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months that all investments are in compliance to the City's * Schedule of Cash and Investments includes city-wide assets as included in the Comprehensive Annual Financial Report.
STAFF REPORT
ITEM NO. ____FA 3____
TO: Chair and Members of the Finance Authority
FROM: Enrique C. Zaldivar, Chief Executive Officer
Rose Tam, Director of Finance
DATE: June 19, 2024
SUBJECT: Public Hearing and Adoption of the Budget for Fiscal Year 2024-25 for the City, Finance Authority, Municipal Financing Authority, Housing Authority and Successor Agency
SUMMARY
The Mayor and the City Council are required to adopt a budget annually for each fiscal year for the City and hold a public hearing for its consideration and approval. In addition, they must also adopt budgets for the Financing Authority, Municipal Financin g Authority, Housing Authority, and the Successor Agency to the Dissolved Community Development Commission, where they also sit as Board Members. Attached is the proposed budget for fiscal year 2024-25 and the resolutions which approve the adoption of the budget. The capital improvement projects (CIP) proposed budget for fiscal year 2024-25 is not included and will be presented at a later date.
RECOMMENDATION
Staff recommends that the City Council open a public hearing, and following the public hearing, adopt the fiscal year 2024-25 Budget for:
• City of Baldwin Park by Resolution No. 2024-027, and
• Finance Authority by Resolution No. FA 2024-001, and
• Municipal Financing Authority by Resolution No. MFA 2024-001, and • Housing Authority by Resolution No. HA 2024-003, and
• Successor Agency by Resolution No. SA 2024-001
FISCAL IMPACT
General Fund (100)
Revenues $ 38,328,256 Expenditures $ 41,417,628 Deficit $ (3,089,372)
Other Funds – Expenditures
Measure BP Sales Tax (TUT) Fund $ 810,314
Future Development Fund $ 1,186,316 Community Enhancement Fund $ 181,900 Internal Service Funds $ 8,637,491 Special Revenue Funds $ 75,519,993 Finance Authority $ 6,360,254
Successor Agency $ 2,157,531
Housing Authority $ 10,508,120
Total Other Funds – Expenditures $ 105,361,919
TOTAL BUDGET (CITY-WIDE EXPENDITURES) $ 146,779,547
BACKGROUND
The Mayor and the City Council are required to adopt a budget each fiscal year for the City and its respective Agencies and Authorities to operate. The Chief Executive Officer and Director of Finance met initially with each member of the Executive Team and their managers/supervisors/assistants to review their departmental budgets and their various requests. From those meetings a proposed budget was assembled and presented to the Mayor and City Council to review and cons ider. The Mayor and the City Council are also required to hold a public hearing, and at the conclusion of the public hearing, the City may adopt the budget as originally filed or changed by it. The Public Hearing Notice was posted as required.
The City-wide total proposed budget for Fiscal Year 2024-25 is $146,779,547. The total projected General Fund revenue is $38,341,837 and expenditure is $41,440,790 with a projected deficit of $3,098,953. Due to the onset of COVID-19 in FY 2020-21, many programs were suspended for approximately a year. Combined with savings from vacant positions and funding from ARPA for many programs and projects, the City has generated a surplus over the past 3 fiscal years (FY 2021, 2022, 2023), amounts to $3.9M that has been added to the General Fund reserve. The surplus can be utilized to support the projected deficit due to increases in expenditure. The projected General Fund Reserve balance at the end of the fiscal year will be $9.9 million.
The General Fund revenue is expected to increase by $752,435 from the prior year. The projected increases are mainly from sales tax, utility users tax, property tax in lieu of VLF, franchise fees, business licenses, transient occupancy tax, SB211 passthrough from the redevelopment property tax (former RDA project areas) and interest earnings. We projected $557,333 to be transferred to the General Fund from the cannabis public benefit fees to be used to fund safety, community enhancement, as well as funding youth and community services. A smal l percentage is used to fund administration costs and related legal expenses.
The City’s General Fund proposed expenditures are $41,417,628, an increase of $4.9 million from the prior year.
The increases is due to inflation, causing the cost of everything to increase. The other main reason here is due to the proposed COLA increase including part -time employees, health insurance, other MOU related costs, and increase in CalPERS pension cost. The COLA adjustments will enhance city-wide salaries making the City more competitive in hiring and employee retention.
Public safety continues to be the priority of the City. Therefore, another major increase is the public safety budget due to the planned filling of police officer vacancies and contractual obligations. The increases in personnel and maintenance/operation are mainly due to the COLA and CPI.
The General Fund projected expenditures also include an estimated cost of $513,060 to support many special events, programs, and quality of life activities to benefit the residents, business, and the community. These special events, programs and activities include but are not limited to the 4th of July Celebration, Concerts in the Park, Downtown Street Market, Posada, State of the City Address, Arbor Day Celebration, Breakfast with Santa, Spring Fest, Tree Lighting Ceremony, Christmas with the COPS, National Night Out, Trick or Treat with the COPS, Pride of the Valley 5K Run, Mental Health Awareness and Veterans Day Ceremony, and Celebrate Baldwin Park Holiday Parade.
This proposed budget also includes the newly implemented Measure BP Sales Tax Fund -Transactions and Use Taxes (TUT). The City has received $7,537,356 TUT as of May 2024 since the inception, April 2023. The projected revenue for FY 2024-25 is $5,713,352 and proposed expenditure is $810,314.
The City will continue to take a balanced and conservative approach in managing expenditures, as well as seeking other sources of revenue to maintain a healthy reserve balance to meet future rising costs. unforeseen and /or emergency situations. The City will continue to practice proactive planning, promote increased productivity,
encourage efficiency in the workplace, seek new revenues, and reinvest in the community. Staff will continue to monitor appropriations and expenditure closely and will keep the Mayor and City Council apprised of any significant changes that will impact on the budget.
ALTERNATIVES
In the event the budget is not adopted by July 1, 2024, staff is recommending that the City Council approve Continuing Appropriation Resolution Nos. 2024 -028; FA 2024 -002; MFA 2024 -002; HA 2024 -004; and SA 2024-002, which will allow the City to operate wit h the prior fiscal year’s budget until a new budget is adopted. This will allow the City to continue providing vital services to the community but does not allow for spending for any new program, including new capital expenditures, until such time as a new budget is adopted by the City Council.
LEGAL REVIEW
This report and resolutions have been reviewed and approved by the City Attorney as to form.
ATTACHMENTS
1. Budget Resolution Nos. 2024-027; FA 2024-001; MFA 2024-001; HA 2024-003; and SA 2024-001
2. Continuing Appropriation Resolution Nos. 2024 -028; FA 2024-002; MFA 2024-002; HA 2024-004; and SA 2024-002
3. FY2024-25 Proposed Budget (Summary). The proposed line -item budget will be available on the City’s website by June 13, 2024.
4. FY2024-25 Projected Fund Balance.
5. FY2024-25 Proposed General Fund Reserve Bar Chart
Attachment 1
RESOLUTION NO. 2024-027
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN
PARK ADOPTING THE BUDGET OF THE CITY FOR THE FISCAL
YEAR COMMENCING JULY 1, 2024 AND ENDING JUNE 30, 2025
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Chief Executive Officer and Director of Finance and as modified by the City Council for said fiscal year. A Budget is attached to this Resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several departments, offices, and agencies for the respective objects and purposes therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicab le ordinances of the City and statutes of the State.
SECTION 3. That the authority granted for making expenditures from other than the General Fund shall be limited to the actual amount of money received from the source of funds indicated in the Budget for each department, section, or purpose, and no liability upon the General Fund is assumed or can be imposed in excess of such amounts as may be provided therefore in this Budget from the General Fund. In the event that the amounts of money received and credited to the special funds exceed the amount herein estimated, such excess receipts shall be considered deferred allocations in such special funds, contingent upon such receipt and no expenditure thereof made except under the provisions as provided by law or ordinance.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the City Council by a majority vote of a quorum of the City Council.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
Attachment 1 (Continued)
(C) Transfers up to $15,000 between cost center programs may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the City Council by a majority vote of a quorum of the City Council.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the City Council for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss:
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. 2024-027 was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at a regular meeting of the City Council on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
________________________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. FA 2024-001
A RESOLUTION OF THE FINANCING AUTHORITY OF THE
CITY OF BALDWIN PARK ADOPTING THE BUDGET OF THE
AUTHORITY FOR THE FISCAL YEAR COMMENCING JULY 1,
2024 AND ENDING JUNE 30, 2025
NOW THEREFORE, THE FINANCING AUTHORITY BOARD MEMBERS OF THE
CITY OF BALDWIN PARK DO ES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Financing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Financing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. FA 2024-001 was duly and regularly approved and adopted by the Members of the Financing Authority of the City of Baldwin Park at a regular meeting of the Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. HA 2024-003
A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY
OF BALDWIN PARK ADOPTING THE BUDGET OF THE
AUTHORITY FOR THE FISCAL YEAR COMMENCING JULY 1,
2024 AND ENDING JUNE 30, 2025
THE HOUSING AUTHORITY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Housing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Housing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. HA 2024-003 was duly and regularly approved and adopted by the Members of the Housing Authority of the City of Baldwin Park at a regular meeting of the Housing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. MFA 2024-001
A RESOLUTION OF THE MUNICIPAL FINANCING
AUTHORITY OF THE CITY OF BALDWIN PARK ADOPTING
THE BUDGET OF THE AUTHORITY FOR THE FI SCAL YEAR
COMMENCING JULY 1, 2024 AND ENDING JUNE 30, 2025
THE MUNICIPAL FINANCING AUTHORITY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Municipal Financing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Municipal Financing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. MFA 2024-001 was duly and regularly approved and adopted by the Members of the Municipal Financing Authority of the City of Baldwin Park at a regular meeting of the Municipal Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
None
Attachment 1 (Continued)
RESOLUTION NO. SA 2024-001
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
DISSOLVED COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF BALDWIN PARK ADOPTING THE BUDGET OF
THE AUTHORITY FOR THE FI SCAL YEAR COMMENCING
JULY 1, 2024 AND ENDING JUNE 30, 2025
THE SUCCESSOR AGENCY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY AS RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Successor Agency of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Successor Agency and as modified by the Agency Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the Authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Agency Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Agency Board by a majority vote of a quorum of the Agency Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Agency Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the Secretary shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ , Secretary of the Successor Agency of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. SA 2024-001 was duly and regularly approved and adopted by the Members of the Successor Agency of the City of Baldwin Park at a regular meeting of the Successor Agency on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
SECRETARY
Attachment 2
RESOLUTION NO. 2024-028
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN
PARK, COUNTY OF LOS ANGELES, STAT E OF CALIFORNIA
AUTHORIZING A CONTINUING APPROPRIATION FOR THE
TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL YEAR
2024-25 PENDING FINAL APPROVAL OF THE 2024-25 BUDGET
WHEREAS, the City needs an operating budget to function financially, and
WHEREAS, the City desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the City Council has a properly approved budget for fiscal year 2023-
24. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The City adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Chief Executive Officer is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Mayor or presiding officer of the Baldwin Park City Council is hereby authorized to execute this resolution indicating its adoption by the City Council.
Section 4. That this Resolution shall become effective retroactively as of July 1, 2023.
Section 5. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Mayor
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. 2024-028 was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
________________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 2 (Continued)
RESOLUTION NO. FA 2024-002
A RESOLUTION OF THE FINANCING AUTHORITY OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Financing Authority needs an operating budget to function financially, and
WHEREAS, the Financing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Financing Authority has a properly approved budget for fiscal year 2023-24.
NOW, THEREFORE BE IT RESOLVED BY THE FINANCING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY AND ORDER AS FOLLOWS:
Section 1. The Financing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Financing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Financing Authority is hereby authorized to execute this resolution indicating its adoption by the Financing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. FA 2024-002 was duly and regularly approved and adopted by the Financing Authority of the City of Baldwin Park at a regular meeting of the Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_______________________
Christopher Saenz
City Clerk
Attachment 2 (Continued)
RESOLUTION NO. HA 2024-004
A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Housing Authority needs an operating budget to function financially, and
WHEREAS, the Housing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Housing Authority has a properly approved budget for fiscal year 2023-24.
NOW THEREFORE, THE HOUSING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Housing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Housing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Housing Authority is hereby authorized to execute this resolution indicating its adoption by the Housing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. HA 2024-004 was duly and regularly approved and adopted by the Housing Authority of the City of Baldwin Park at a regular meeting of the Housing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_______________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 2 (Continued)
RESOLUTION NO. MFA 2024-002
A RESOLUTION OF THE MUNICIPAL FINANCING AUTHORITY OF
THE CITY OF BALDWIN PARK, COUNTY OF LOS ANGELES, STATE
OF CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION
FOR THE TEMPORARY USE OF THE 2023-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Municipal Financing Authority needs an operating budget to function financially, and
WHEREAS, the Municipal Financing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Municipal Financing Authority has a properly approved budget for fiscal year 2023-24.
NOW THEREFORE THE MUNICIPAL FINANCING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Municipal Financing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Municipal Financing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Municipal Financing Authority is hereby authorized to execute this resolution indicating its adoption by the Municipal Financing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. MFA 2024-002 was duly and regularly approved and adopted by the Municipal Financing Authority of the City of Baldwin Park at a regular meeting of the Municipal Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_____________________
Christopher Saenz
City Clerk
Attachment 2 (Continued)
RESOLUTION NO. SA 2024-002
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE DISSOLVED
COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 2023-24 BUDGET FOR FISCAL YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25 BUDGET
WHEREAS, the Successor Agency needs an operating budget to function financially, and
WHEREAS, the Successor Agency desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Successor Agency has a properly approved budget for fiscal year 2023-24.
NOW, THEREFORE THE SUCCESSOR AGENCY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Successor Agency adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Successor Agency Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Successor Agency is hereby authorized to execute this resolution indicating its adoption by the Successor Agency.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. SA 2024-002 was duly and regularly approved and adopted by the Successor Agency of the City of Baldwin Park at a regular meeting of the Successor Agency on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_____________________
CHRISTOPHER SAENZ
CITY CLERK
Fund Fund Description
FY 2025
Proposed
Revenues
FY 2025
Proposed
Expenditures
Surplus /
(Deficit)
General Fund
100 General Fund* 38,328,256 41,417,628 (3,089,372) 110 Measure BP Sales Tax (TUT) 5,713,352 810,314 4,903,038 200 Future Development Fund** 32,360 1,186,316 (1,153,956) 210 Community Enhancement Fund** 100,000 181,900 (81,900) Subtotal - General Fund 44,173,968 $ 43,596,158$ 577,810 $ Internal Services Funds
401 Information and Support Services 1,345,293 1,605,293 (260,000) 402 Fleet Services 1,261,577 1,491,577 (230,000) 403 Internal Insurance 5,540,621 5,540,621 - Subtotal - Internal Services Funds 8,147,491 $ 8,637,491$ (490,000)$ Special (Restricted) Funds
205 Federal Asset Forfeiture - 57,043 (57,043) 208 Law Enforcement Development Impact 20,600 25,000 (4,400) 209 AB74 Public Safety Enhancement - 22,589 (22,589) 220 Community Development Block Grant 2,251,054 2,303,667 (52,613) 221 H.O.M.E. (Home Investment Partnership Program) 4,091,516 3,600,511 491,005 222 CAL Home 100 - 100 230 AB1693 Business Improvement Fees 135,200 157,106 (21,906) 231 Air Quality Management 94,632 133,012 (38,380) 234 Park Fees (Quimby Act) 220,000 2,546,571 (2,326,571) 235 General Plan Fees 162,000 559,545 (397,545) 236 Public Art Fees 33,000 - 33,000 237 Cannabis Fees 738,333 738,333 0 240 Gasoline Tax 1,964,162 1,961,589 2,573 241 Surface Transportation Program 18,000 985,785 (967,785) 243 Bicycle and Pedestrian Safety 296,095 - 296,095 244 Proposition A 2,265,346 2,168,467 96,879 245 Proposition C 1,651,707 2,782,907 (1,131,200) 246 AB939 Integrated Waste Management 643,000 669,479 (26,479) 247 Oil Recycling Grant 10,000 11,637 (1,637) 249 Storm Drains NPDS 175,100 173,415 1,685 250 Assessment District 14,630 - 14,630 251 Street Lighting and Landscape 2,332,673 2,753,675 (421,002) 252 Parks Maintenance Assessment District 1,107,280 1,107,280 - 253 Proposition A - Parks 60 - 60 254 Measure R Local Return 1,248,280 2,326,349 (1,078,069) 255 Measure M 2,733,014 3,035,428 (302,414) 256 SB1 Road Repair & Accountability 1,852,108 3,162,093 (1,309,985) 257 Traffic Mitigation Fees 1,600 - 1,600 258 Measure W 5,575,690 15,556,965 (9,981,275) 270 Grants Fund 20,350,263 18,890,257 1,460,006 271 Police Grants Fund 193,393 169,151 24,242 275 American Rescue Plan Act 10,000 9,553,590 (9,543,590) 280 Cooperative Agreements Contributions 15,000 15,000 - 450 BPROUD Utility District 3,000 4,550 (1,550) Subtotal Special Funds 50,206,836 $ 75,519,993$ (25,313,156)$ TOTAL GENERAL, INTERNAL SERVICES, & SPECIAL FUNDS102,528,295$ 127,753,642$ (25,225,347)$ City of Baldwin Park
Fiscal Year 2024-2025 Proposed Budget
Attachment 3
Fund Fund Description
FY 2025
Proposed
Revenues
FY 2025
Proposed
Expenditures
Surplus /
(Deficit)
City of Baldwin Park
Fiscal Year 2024-2025 Proposed Budget
Financing Authority Funds
610 COP Lease Payment 590,399 590,399 - 651 Pension Obligation Bond 2019 3,844,972 3,846,623 (1,651) 660 Measure M Rev Bond 588,669 1,923,232 (1,334,563) Subtotal Financing Authority Funds 5,024,040 $ 6,360,254$ (1,336,214)$ Successor Agency Funds
Capital Projects
806 Sierra Vista Capital Project 116,741 116,741 - Subtotal Capital Projects 116,741 $ 116,741$ - $ Debt Service
838 BP Merged 2017 Refinance 1,090,263 1,086,883 3,380 Subtotal Debt Service 1,090,263 $ 1,086,883$ 3,380 $ Low/Mod Housing
890 Low/Mod Income Housing 127,000 953,908 (826,908) Subtotal Low/Mod Housing 127,000 $ 953,908$ (826,908)$ TOTAL SUCCESSOR AGENCY FUNDS 1,334,004$ 2,157,531$ (823,527.83)$ Housing Authority
901 Housing Voucher Choice 9,461,435 9,502,111 (40,676) 902 Housing Authority American Rescue Plan Act 827,588 777,774 49,814 905 Public Housing 109,599 197,410 (87,811) 910 CIAP 30,825 30,825 - Subtotal Housing Authority Funds 10,429,447 $ 10,508,120$ (78,672.62)$ COMBINED GRAND TOTAL - ALL FUNDS 119,315,786$ 146,779,547$ (27,463,761)$ 9,929,084$ * The Projected General Fund Reserve Balance at June 30, 2025 is:
** The Future Development Fund and Community Enhancement Fund were merged with the General Fund. However, these funds are committed for future / special projects pending City Council approval.
Attachment 3 (Continued)
Projected 2025 2025 2025 2025 Projected
Fund Balance Proposed Proposed Proposed Proposed Fund Balance Fund Fund Description 06/30/2024 Revenues Transfers In Expenditures Transfers Out 06/30/2025 General Fund
100 General Fund* 43,845,179 37,770,923 557,333 40,623,501 794,127 40,755,807 110 Measure BP Sales Tax (TUT) 8,693,724 5,713,352 - 810,314 - 13,596,762 200 Future Development Fund** 4,290,027 32,360 - 1,186,316 - 3,136,071 210 Community Enhancement Fund** 631,438 100,000 - 181,900 - 549,538 Subtotal - General Fund 57,460,368 $ 43,616,635$ 557,333 $ 42,802,031$ 794,127 $ 58,038,177$ Internal Services Funds
401 Information and Support Services 312,132 1,345,293 - 1,605,293 - 52,132 402 Fleet Services 283,768 1,261,577 - 1,491,577 - 53,768 403 Internal Insurance (7,761,547) 5,540,621 - 5,540,621 - (7,761,547) 404 Capital Equipment (3,791) - - - - (3,791) Subtotal - Internal Services Funds (7,169,439)$ 8,147,491$ - $ 8,637,491$ - $ (7,659,439)$ Special (Restricted) Funds
205 Federal Asset Forfeiture 83,104 - - 57,043 - 26,061 206 State Asset Forfeiture 56,068 - - 49,000 - 7,068 207 Local Law Enforcement Block Grant 15,648 - - - - 15,648 208 Law Enforcement Development Impact 101,049 20,600 - 25,000 - 96,649 209 AB74 Public Safety Enhancement 126,471 - - 22,589 - 103,883 220 Community Development Block Grant 304,666 2,251,054 - 2,303,667 - 252,053 221 H.O.M.E. (Home Investment Partnership Program) 6,925,295 4,091,516 - 3,600,511 - 7,416,299 222 CAL Home 159,547 100 - - - 159,647 230 AB1693 Business Improvement Fees 22,225 135,200 - 157,106 - 319 231 Air Quality Management 96,199 94,632 - 133,012 - 57,819 232 Residential Development Fee 4 - - - - 4 233 Economic Development Grant 554 - - - - 554 234 Park Fees (Quimby Act) 2,335,571 220,000 - 2,546,571 - 9,000 235 General Plan Fees 578,519 162,000 - 559,545 - 180,975 236 Public Art Fees 253,190 33,000 - - - 286,190 237 Cannabis Fees (19,225) 738,333 - 181,000 557,333 (19,224) 240 Gasoline Tax (242,700) 1,964,162 - 1,961,589 - (240,127) 241 Surface Transportation Program 968,537 18,000 - 985,785 - 752 243 Bicycle and Pedestrian Safety 15 296,095 - - - 296,110 244 Proposition A 428,637 2,265,346 - 2,168,467 - 525,516 245 Proposition C 1,181,358 1,651,707 - 2,782,907 - 50,158 246 AB939 Integrated Waste Management 145,494 643,000 - 669,479 - 119,014 247 Oil Recycling Grant (11,192) 10,000 - 11,637 - (12,829) 249 Storm Drains NPDS 85,074 175,100 - 173,415 - 86,759 250 Assessment District 419,153 14,630 - - - 433,783 251 Street Lighting and Landscape 738,455 2,332,673 - 2,753,675 - 317,453 252 Parks Maintenance Assessment District 3,692 903,552 203,728 1,107,280 - 3,692 253 Proposition A - Parks 60 60 - - - 120 254 Measure R Local Return 1,112,412 1,248,280 - 2,326,349 - 34,343 255 Measure M 660,725 1,398,451 1,334,563 2,446,759 588,669 358,311 256 SB1 Road Repair & Accountability 2,876,198 1,852,108 - 3,162,093 - 1,566,213 257 Traffic Mitigation Fees (8,021) 1,600 - - - (6,421) 258 Measure W 14,154,035 5,575,690 - 15,556,965 - 4,172,760 City of Baldwin Park
Fiscal Year 2024-2025 Projected Fund Balance
Attachment 4
Projected 2025 2025 2025 2025 Projected
Fund Balance Proposed Proposed Proposed Proposed Fund Balance Fund Fund Description 06/30/2024 Revenues Transfers In Expenditures Transfers Out 06/30/2025 259 Measure H 110,250 - - - - 110,250 270 Grants Fund (1,661,041) 20,350,263 - 18,890,257 - (201,035) 271 Police Grants Fund 90,771 193,393 - 169,151 - 115,013 275 American Rescue Plan Act 9,873,227 10,000 - 9,553,590 - 329,638 280 Cooperative Agreements Contributions 31,475 15,000 - 15,000 - 31,475 301 Building Reserve 10,213 - - - - 10,213 450 BPROUD Utility District 305,349 3,000 - 4,550 - 303,799 Subtotal Special Funds 42,311,061 $ 48,668,545$ 1,538,291$ 74,373,991$ 1,146,002$ 16,997,904$ TOTAL GENERAL, INTERNAL SERVICES & SPECIAL FUNDS 92,601,990$ 100,432,671$ 2,095,624$ 125,813,513$ 1,940,129$ 67,376,643$ Financing Authority Funds
601 Debt Service 36,393 - - - - 36,393 610 COP Lease Payment - - 590,399 590,399 - - 635 BPFA/PM 2003 Tax Alloc 33,104 - - - - 33,104 637 BPFA/CBD 1990 Refunding Loan 143 - - - - 143 650 Pension Obligation Bond 3,355 - - - - 3,355 651 Pension Obligation Bond 2019 191,917 3,844,972 - 3,846,623 - 190,266 660 Measure M Rev Bond 3,175,592 - 588,669 588,669 1,334,563 1,841,029 Subtotal Financing Authority Funds 3,440,504$ 3,844,972$ 1,179,068$ 5,025,691$ 1,334,563$ 2,104,290$ Successor Agency Funds
Capital Projects
806 Sierra Vista Capital Project 1,511,424 - 116,741 116,741 - 1,511,424 Subtotal Capital Projects 1,511,424 $ - $ 116,741$ 116,741$ - $ 1,511,424$ Debt Service
838 BP Merged 2000 Refinance 2,471 1,090,263 - 970,142 116,741 5,851 Subtotal Debt Service 2,471 $ 1,090,263$ - $ 970,142$ 116,741$ 5,851 $ Low/Mod Housing
890 Low/Mod Income Housing 10,726,851 127,000 - 953,908 - 9,899,942 Subtotal Low/Mod Housing 10,726,851 $ 127,000 $ - $ 953,908$ - $ 9,899,942$ TOTAL SUCCESSOR AGENCY FUNDS 12,240,745$ 1,217,263$ 116,741$ 2,040,791$ 116,741$ 11,417,217$ Housing Authority
901 Housing Voucher Choice 51,632 9,461,435 - 9,502,111 - 10,956 902 Housing Authority American Rescue Plan Act 208,769 827,588 - 777,774 - 258,584 905 Public Housing 285,057 78,774 30,825 197,410 - 197,246 910 CIAP - 30,825 - - 30,825 - Subtotal Housing Authority Funds 545,458 $ 10,398,622$ 30,825 $ 10,477,295$ 30,825 $ 466,786$ COMBINED GRAND TOTAL - ALL FUNDS 108,828,697$ 115,893,528$ 3,422,257$ 143,357,289$ 3,422,257$ 81,364,936$ $ 9,929,084 * The Projected General Fund Reserve Balance at June 30, 2025 is:
** The Future Development Fund and Community Enhancement Fund were merged with the General Fund. However, these funds are committed for future / special projects pending City Council approval.
Attachment 4 (Continued)
General Fund Reserve Bar Chart - Fiscal Year 2024-25 Projected $0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000 2016 2017 2018 2019 2020 2021 2022 2023 2024Projected2025Projected$7,572,817 $7,090,375 $8,484,704 $9,409,180 $9,730,683 $10,465,582 $11,304,427 $12,134,376 $13,018,456 $9,929,084 Note: This table does not include the Future Development Fund or Community Enhancement Fund.
Attachment 5
HOUSING AUTHORITY
REGULAR MEETING
Agenda
June 19, 2024, 7:00 PM
Chair
Vice Chair
Board Member
Board Member
Board Member
Emmanuel J. Estrada
Jean M. Ayala
Alejandra Avila
Daniel Damian
Monica Garcia
Welcome to your Housing Authority Meeting
We welcome your interest and involvement in the City’s legislative process. This agenda includes information about topics coming before the Board Members and the action recommended by city staff. You can read about each topic in the staff reports, which are available on the city’s website and in the Office of the City Clerk.
Please note that, in the event of a technical issue causing a disruption in the call-in option or internet-based option, the meeting will continue unless otherwise required by law, such as when a Board Member is attending the meeting virtually pursuant to certain provisions of the Brown Act. Electronic devices are to be turned off while meetings are in session.
How to watch
The City of Baldwin Park provides two ways to watch a Housing Authority meeting:
In Person
Most Housing Authority meetings take
place at City Hall, 14403 E. Pacific
Ave., Baldwin Park, CA 91706
Online
Audio streaming will be available at
https://www.youtube.com/channel/UCFLZ0_dDFRjy59rhiDZ13Fg/featured?view_as=subscriber http://baldwinpark.granicus.com/ViewPublisher.php?view_id=10 Reasonable Accommodations
Individuals with disabilities may request an agenda packet in appropriate alternative formats as required by the Americans with Disability Act of 1990. Reasonable accommodations and auxiliary aids will be provided to effectively allow participation in the meeting. Please contact the City Clerk’s Office at (626) 960-4011.
Public Comments
The public is encouraged to address the City Council or any of its Agencies listed on this agenda on any matter posted on the agenda or on any other matter within its jurisdiction. In accordance with Chapter 39 of the Baldwin Park Municipal Code, Speakers must address the Council as a whole and refrain from making impertinent, slanderous, or profane remarks or disrupt the peace of the meeting. Speaker cards are available at the podium and by request with the City Clerk.
Public Communication
There is a three-minute speaking time limit. This is the time set aside to address the City Council. Please notify the City Clerk if you require the services of an interpreter. No Action may be taken on a matter unless it is listed on the agenda, or unless certain emergency or special circumstances exist. The legislative body or its staff may: 1) Briefly respond to statements made or questions asked by persons; or 2) Direct staff to investigate and/or schedule matters for consideration at a future meeting. [Government Code §54954.2] If you wish to comment on agenda items and are unable to physically appear in person, please email your name, place of residence, item number or topic and a phone number where you will be available between the hours of 7:00 PM du ring City Council Meetings to [email protected]. Written comments will be distributed and will be made part of the written record but will NOT be read verbally at the meeting.
CALL TO ORDER
ROLL CALL
PUBLIC COMMUNICATIONS
CONSENT CALENDAR
1. Baldwin Park Housing Authority’s Warrants and Demands Staff recommends that the Board ratify the attached Warrants and Demands Register.
2. Treasurer’s Report HA – March 2024
Staff recommends that the Board receive and file the Treasurer’s Report for March 2024.
3. Treasurer’s Report HA – April 2024
Staff recommends that the Board receive and file the Treasurer’s Report for April 2024.
PUBLIC HEARING
4. Public Hearing and Adoption of the Budget for Fiscal Year 2024-25 for the City, Finance Authority, Municipal Financing Authority, Housing Authority and Successor Agency Staff recommends that the City Council open a public hearing, and following the public hearing, adopt the fiscal year 2024-25 Budget for:
• City of Baldwin Park by Resolution No. 2024-027, and
• Finance Authority by Resolution No. FA 2024-001, and
• Municipal Financing Authority by Resolution No. MFA 2024-001, and • Housing Authority by Resolution No. HA 2024-003, and
• Successor Agency by Resolution No. SA 2024-001
ADJOURNMENT
CERTIFICATION
I, Christopher Saenz, City Clerk of the City of Baldwin Park hereby certify that, under penalty of perjury under the laws of the State of California that the foregoing agenda was posted on the City Hall bulletin board not less than 72 hours prior to the meeting.
Christopher Saenz
City Clerk
For further information regarding agenda items, please contact the office of the City Clerk at (626) 960-4011 ext. 466 or via e-mail at [email protected]. In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the Public Works Department or Risk Management at (626) 960-4011. Notification 48 hours prior to the meeting will enable staff to make reasonable arrangements to ensure accessibility to this meeting. (28 CFR 34.102.104 ADA TITLE II)
STAFF REPORT
ITEM NO. _____HA 1 _____
TO: Chair and Members of the Housing Authority
FROM: Rose Tam, Director of Finance
PREPARED BY: Grace Nguyen, Senior Finance Clerk
DATE: June 19, 2024
SUBJECT: Baldwin Park Housing Authority’s Warrants and Demands
SUMMARY
Attached are the Warrants and Demands Registers for the City of Baldwin Park Housing Authority to be ratified by the Board.
RECOMMENDATION
Staff recommends that the Board ratify the attached Warrants and Demands Register.
FISCAL IMPACT
The total of the Warrants and Demands for Housing Authority was $793,548.09.
BACKGROUND
The attached Claims and Demands report format meets the required information as set out in the California Government Code. Staff has reviewed the requests for expenditures for the appropriate budgetary approval and for the authorization from the departmen t head or its designee. Pursuant to Section 37208 of the California Government Code, the Chief Executive Officer or his/her designee does hereby certify to the accuracy of the demands hereinafter referred. Payments released since the previous meeting and the following is a summary of the payment released:
1. The May 03, 2024 to Jun 06, 2024 Warrant check numbers 73035 through 73061 in the amount of $15,753.88 and Automated Clearing House (ACH) In the amount of $777,794.21 were made on behalf of City of Baldwin Park Housing Authority constituting of claims and demands, are herewith presented to the Board as required by law, and hereby ratified.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Happy Check Register
2. Happy Check Register ACH
Check Register ReportDate Range: 5/3/2024...6/6/2024VMS Date Range:...Program:-Payment Type:Check Numbers: ...Direct Deposit: Exclude Direct DepositCheck Cleared: AllPort Status: Include Port InsZero HAPs: Include Zero HAPsVoided Payments:Omit Voided PaymentsHeld Checks: Exclude Held ChecksGrouped by:Sorted by: Check Number6/6/2024Check Number Check Date Payee Name Amount DDVMS Date73035 06/01/2024 Julie L Fonseca $19.0006/01/202473036 06/01/2024 Leda D Bluitt $5072.0006/01/202473037 06/01/2024Vanessa G Ross$109.0006/01/202473038 06/01/2024 Jacqueline Chaves $248.0006/01/202473039 06/01/2024 Carmen Rivera-Madrid $27.0006/01/202473040 06/01/2024Xiomara A Martinez$21.0006/01/202473041 06/01/2024 City of Pomona Housing Authority $819.4406/01/202473042 06/01/2024 Ken Chi-Kin Yu $13.0006/01/202473043 06/01/2024 Jasmine Janae Rhodes $138.0006/01/202473044 06/01/2024 Monica A Escalante $45.0006/01/202473045 06/01/2024Viridiana Medina$17.0006/01/202473046 06/01/2024 Christine A Rodriguez $38.0006/01/202473047 06/01/2024 Gwendolyn Jean Adams $16.0006/01/202473048 06/01/2024 Jess Edward Peralta $10.0006/01/202473049 06/01/2024 Ricky Garcia $31.0006/01/202473050 06/01/2024 Kellie D Towns $36.0006/01/202473051 06/01/2024 Elaina A Caldera $4.0006/01/202473052 06/01/2024 Manuel Ochoa $621.0003/04/202473053 06/01/2024 Maria L Lopez $21.0006/01/202473054 06/01/2024 Tricia J Haseltine $120.0006/01/202473055 06/01/2024 Eternal Link LLC $1893.0006/01/202473056 06/01/2024 Flemisha Perowe $135.0006/01/202473057 06/01/2024 George Ka Chun Chew $2494.0006/01/202473058 06/01/2024 City of Carlsbad$1121.4406/01/202473059 06/01/2024 Kerry Spelman, Authorized Signer$1198.0006/01/202473060 06/01/2024 Cameron Properties $1316.0006/01/202473061 06/01/2024 Mary F Ballesteros $171.0006/01/2024Check Register Report GN 06/06/2024 Page 1Copyright © 2011-2024, HAPPY Software, Inc. $15,753.88Total6Unit Count$1,438.17Average Weighted by Unit Count$492.31AverageHard to House Count Check Register Report GN 06/06/2024 Page 2Copyright © 2011-2024, HAPPY Software, Inc.
Check Register ReportDate Range: 5/3/2024...6/6/2024VMS Date Range:...Program:-Payment Type:Check Numbers: ...Direct Deposit: Include Direct DepositCheck Cleared: AllPort Status: Include Port InsZero HAPs: Include Zero HAPsVoided Payments:Omit Voided PaymentsHeld Checks: Exclude Held ChecksGrouped by:Sorted by: Check Number6/6/2024Check Number Check Date Payee Name Amount DDVMS Date33710 06/01/2024Y & H Investment, Inc.$1317.0006/01/202433711 06/01/2024 Eunice Property, LLC $1270.0006/01/202433712 06/01/2024 Wilson Apartment Associates L.P. $1816.0006/01/202433713 06/01/2024 Monet Huong Nguyen $3029.0006/01/202433714 06/01/2024ASCENSION HOLDINGS LLC$1268.0006/01/202433715 06/01/2024 Tom Cinquegrani $513.0006/01/202433716 06/01/2024 Mark T. Fernandez $881.0006/01/202433717 06/01/2024 Melody (Muoi) Dao $1597.0006/01/202433718 06/01/2024 John W. Ruwitch and Anh Lam Truong $2012.0006/01/202433719 06/01/2024Adam King Lee and Joyce Ng Lee$1374.0006/01/202433720 06/01/2024 Mingyu Qu $2201.0006/01/202433721 06/01/2024 SAE GROUP, LLC $2169.0006/01/202433722 06/01/2024 Wei Zhen Su $1600.0006/01/202433723 06/01/2024 Mallorca Apartments, LTD $3184.0006/01/202433724 06/01/2024 Michael I. or Ling Brooks $941.0006/01/202433725 06/01/2024 Cipriano Salazar Jr. $1612.0006/01/202433726 06/01/2024 Dung Tran $2357.0006/01/202433727 06/01/2024 $1395.0006/01/202433728 06/01/2024 Monrovia 612, LP $32959.0006/01/202433729 06/01/2024 Leslie K Ng $1684.0006/01/202433730 06/01/2024 Jun Hua Hu $2837.0006/01/202433731 06/01/2024 Lien Diep $1585.0006/01/202433732 06/01/2024 Rosa Lamas-Serratos $2369.0006/01/202433733 06/01/2024Villa Olive Oak dba Oak Park- South$5468.0006/01/202433734 06/01/2024 Malcolm Oso $875.0006/01/202433735 06/01/2024 Dajojo, LLC $1285.0006/01/202433736 06/01/2024 Investor Trust Realty Group, Inc. $1427.0006/01/202433737 06/01/2024 Sieu Tuan Phan $3249.0006/01/202433738 06/01/2024 Don Norwood $1463.0006/01/202433739 06/01/2024Ana Thai$921.0006/01/202433740 06/01/2024 SRI Properties No 15 LLC $1397.0006/01/202433741 06/01/2024 Larry Chow $1851.0006/01/2024Check Register Report GN 06/06/2024 Page 1Copyright © 2011-2024, HAPPY Software, Inc. 33742 06/01/2024 T & T Asset Holding, LLC $537.0006/01/202433743 06/01/2024 Michael Alfred Alarcon $1269.0006/01/202433744 06/01/2024 Mousa Boushaaya $1798.0006/01/202433745 06/01/2024 Tuan Viet Ho $2190.0006/01/202433746 06/01/2024Xiaomin Lin and Xiaoxi Wu$2717.0006/01/202433747 06/01/2024 Jun Ye and Ming Feng$1124.0006/01/202433748 06/01/2024 4324 Walnut St LLC$2118.0006/01/202433749 06/01/2024 El Monte Housing Partners LP - The $12188.0006/01/202433750 06/01/2024 Joseph T. Tung $1202.0006/01/202433751 06/01/2024Alamitas LLC$232.0006/01/202433752 06/01/2024Avalon Monrovia LLC$1473.0006/01/202433753 06/01/2024 Pro Management Inc. $1600.0006/01/202433754 06/01/2024Andrew & Eva Fogg$1419.0006/01/202433755 06/01/2024 Heritage Park Villas LP $24918.0006/01/202433756 06/01/2024 Heritage Park Villas LP $3993.0006/01/202433757 06/01/2024 Manapa Enterprises LLC $1507.0006/01/202433758 06/01/2024Villa Olive Oak dba Oak Park - South$8616.0006/01/202433759 06/01/2024$11960.0006/01/202433760 06/01/2024 Palo Verde Apartments, LP $899.0006/01/202433761 06/01/2024 Sharon Campbell $3149.0006/01/202433762 06/01/2024 John M Jacquet Sr. $2000.0006/01/202433763 06/01/2024 Linda Alice Enriquez $2124.0006/01/202433764 06/01/2024 Ha X Van $4495.0006/01/202433765 06/01/2024 Chen Jackson $1210.0006/01/202433766 06/01/2024 Philip Tsui $337.0006/01/202433767 06/01/2024 Paul Yen $1719.0006/01/202433768 06/01/2024 Mie Chen $2778.0006/01/202433769 06/01/2024 Becky Binh Nguyet Luu or Eddie Ma $2131.0006/01/202433770 06/01/2024 Tinh Van Le $627.0006/01/202433771 06/01/2024 The Six Straws LLC $9646.0006/01/202433772 06/01/2024 Everardo Garcia $1669.0006/01/202433773 06/01/2024 Ngoc T. Lieu $3008.0006/01/202433774 06/01/2024Alfred Tai-Kong Ho and Lisa Chen$562.0006/01/202433775 06/01/2024 Covina 023 Woods 206 LP c/o $882.0006/01/202433776 06/01/2024 Doreen Han $1662.0006/01/202433777 06/01/2024 PI Properties No. 94 LLC$1154.0006/01/202433778 06/01/2024 Cecilia Lan Cao $785.0006/01/202433779 06/01/2024 Baldwin Park Family Housing Limited $23853.0006/01/202433780 06/01/2024 Grace Chiou $901.0006/01/202433781 06/01/2024 Marina Alvarez $4405.0006/01/202433782 06/01/2024 Zhi Min Li and WXL Investments Inc. $945.0006/01/202433783 06/01/2024 Sui Man Mak $802.0006/01/202433784 06/01/2024 Henry Wong $2174.0006/01/202433785 06/01/2024 West Covina Senior Villas II, LP $506.0006/01/202433786 06/01/2024 Dung Trung Pham and Tammy Tram $364.0006/01/202433787 06/01/2024 Francisco J. Sanchez and Gloria $1045.0006/01/2024Check Register Report GN 06/06/2024 Page 2Copyright © 2011-2024, HAPPY Software, Inc. 33788 06/01/2024 Blessed Rock of El Monte $28491.0006/01/202433789 06/01/2024 Blessed Rock of El Monte $4010.0006/01/202433790 06/01/2024 Joanne Pham Chau$2118.0006/01/202433791 06/01/2024 $10621.0006/01/202433792 06/01/2024Alfonso Contreras$1308.0006/01/202433793 06/01/2024 Ryan Quach and Hue Cao $1886.0006/01/202433794 06/01/2024 Windwood West Covina, L.P. c/o GK $4497.0004/01/202433795 06/01/2024Alta Vista Villas, LP c/o Yale$3491.0006/01/202433796 06/01/2024 West Covina Seniors Villas I $997.0006/01/202433797 06/01/2024 Post Brookhollow , LP $21818.0006/01/202433798 06/01/2024 Rahmat Ray Nehdar$1135.0006/01/202433799 06/01/2024Alexander Chan$2260.0006/01/202433800 06/01/2024 Phat Binh Vuong $1242.0006/01/202433801 06/01/2024Alan Wu$813.0006/01/202433802 06/01/2024 Lawe Family Trust $795.0006/01/202433803 06/01/2024 Henry Ho $1288.0006/01/202433804 06/01/2024 PAMA IV Properties, LP $5164.0006/01/202433805 06/01/2024 Roger Hin Nam Mak $9531.0006/01/202433806 06/01/2024 LAT Investments, LLC $3231.0006/01/202433807 06/01/2024 Kimmie Mu Matsunaga $4221.0006/01/202433808 06/01/2024Xitlalai Del Real Sanchez$1560.0006/01/202433809 06/01/2024 Delgar IV LLC $1376.0006/01/202433810 06/01/2024 Mary L Haynes $1060.0006/01/202433811 06/01/2024 Betty Chim Lieu $1846.0006/01/202433812 06/01/2024 Clinett Glazis $309.0006/01/202433813 06/01/2024 Jim & Nancy Bailey $523.0006/01/202433814 06/01/2024 Kimberly Nguyen $1022.0006/01/202433815 06/01/2024 Gregory W. Pratt $4254.0006/01/202433816 06/01/2024 Joseph M. Kwok $2094.0006/01/202433817 06/01/2024 Leng Zhang and Bao Ying Jiang $1680.0006/01/202433818 06/01/2024 Mack E Titus $1232.0006/01/202433819 06/01/2024 Lois J Gaston $1737.0006/01/202433820 06/01/2024 Doan & Lily Thi $2100.0006/01/202433821 06/01/2024 El Monte Affordable Housing Partner $2357.0006/01/202433822 06/01/2024 Jose Baudelio Delgado $349.0006/01/202433823 06/01/2024 Larry Mimms $1600.0006/01/202433824 06/01/2024 Jaime Jimenez $702.0006/01/202433825 06/01/2024 Guillermo Vasquez $2641.0006/01/202433826 06/01/2024 $1734.0006/01/202433827 06/01/2024 $2920.0006/01/202433828 06/01/2024 Fat Law $903.0006/01/202433829 06/01/2024 Kevin Kambor Kwong and Yuk Ming $1572.0006/01/202433830 06/01/2024 Dwight Chang $2291.0006/01/202433831 06/01/2024 Cameron Park Community Partners, $1554.0006/01/202433832 06/01/2024 Mozhgan Tavakoli $1638.0006/01/202433833 06/01/2024Anmelindon LLC$1865.0006/01/2024Check Register Report GN 06/06/2024 Page 3Copyright © 2011-2024, HAPPY Software, Inc. 33834 06/01/2024 Lourdes Vela $3745.0006/01/202433835 06/01/2024 Gilbert Roybal $597.0006/01/202433836 06/01/2024 Philip & Fanny Kwok $1578.0006/01/202433837 06/01/2024 Primrose Villa dba Oak Park-North $13352.0006/01/202433838 06/01/2024 Woodside Village Apartments LP $27377.0006/01/202433839 06/01/2024 Cynthia Pham $685.0006/01/202433840 06/01/2024 Katie Yau and Daniel Hong $3088.0006/01/202433841 06/01/2024 Fanny Chan$1100.0006/01/202433842 06/01/2024 Baldwin Rose LP $1896.0006/01/202433843 06/01/2024 Kwan and Mei Chiang $1399.0006/01/202433844 06/01/2024 Sergio Molina $236.0006/01/202433845 06/01/2024 Fortune America $1700.0006/01/202433846 06/01/2024 Jason Tran $1298.0006/01/202433847 06/01/2024 Chuen Lau $1734.0006/01/202433848 06/01/2024 Tanya H Chen $2281.0006/01/202433849 06/01/2024 Dan Thanh Peng and Hoan Peng $1626.0006/01/202433850 06/01/2024 Sunset Square #200U, LP $5959.0006/01/202433851 06/01/2024 Ngoc Lieu $1252.0006/01/202433852 06/01/2024 Lark Ellen Village $13009.0006/01/202433853 06/01/2024Xuyen Thach Han$2940.0006/01/202433854 06/01/2024 EZ APT LLC $1776.0006/01/202433855 06/01/2024 Kim Wah Wong and Sau Yi Wong $1490.0006/01/202433856 06/01/2024 Lucena A Ewing $4344.0006/01/202433857 06/01/2024 Jocelyn Jae Jhong $3172.0006/01/202433858 06/01/2024 Emilio De Jesus Cruz $842.0006/01/202433859 06/01/2024 Delgar V LLC $961.0006/01/202433860 06/01/2024 Isabel R Sanchez $1760.0006/01/202433861 06/01/2024 Cienega Garden Apartments $9389.0006/01/202433862 06/01/2024Vinh Hong Lai$4189.0006/01/202433863 06/01/2024 LPC 1829 E Workman Ave., LLC $2910.0006/01/202433864 06/01/2024 Doreen E Ewing $1381.0006/01/202433865 06/01/2024 Moller Property Management $1486.0006/01/202433866 06/01/2024 TPA/NASCH LLC, Westgate as a sole $3366.0006/01/202433867 06/01/2024 TDF LP - Pacific Towers c/o Winn $14233.0006/01/202433868 06/01/2024 Paul & Annie W Chau $892.0006/01/202433869 06/01/2024 Steven Eraj Espantman and Marta $1295.0006/01/202433870 06/01/2024 Gilbert Dominguez$11565.0006/01/202433871 06/01/2024 Eric Yu $1374.0006/01/202433872 06/01/2024 Up Hill Investment Inc. $1766.0006/01/202433873 06/01/2024 Dieu Van Huynh $918.0006/01/202433874 06/01/2024 Kelly Nguyen $1614.0006/01/202433875 06/01/2024Vijay Gulati$4783.0006/01/202433876 06/01/2024 Nancy Mikhaiel $2151.0006/01/202433877 06/01/2024 Badillo Street Senior Apartments, LP $23378.0006/01/202433878 06/01/2024 Monrovia Heritage Park LP $16227.0006/01/202433879 06/01/2024 Los Angeles County Housing Authority $6207.6804/01/2024Check Register Report GN 06/06/2024 Page 4Copyright © 2011-2024, HAPPY Software, Inc. 33880 06/01/2024 Tyler-Valley Metro Housing, LP $15688.0006/01/202433881 06/01/2024 James or Barbara Fox $1086.0006/01/202433882 06/01/2024 Mayra Ortega $1263.0006/01/202433883 06/01/2024 Sel Homes LLC $9094.0006/01/202433884 06/01/2024 Hui Chuan Wang $4668.0006/01/202433885 06/01/2024 725-731 W. Duarte Rd, LLC $1036.0006/01/202433886 06/01/2024 Nhan Nguyen and Amy Tran $2948.0006/01/202433887 06/01/2024 Paul P Simon $2189.0006/01/202433888 06/01/2024 Puente Villa LLC $2431.0006/01/202433889 06/01/2024 RAMONA BLVD. FAMILY $10861.0006/01/202433890 06/01/2024AJG Realty Inc.$2053.0006/01/202433891 06/01/2024 Maria Martha Martinez $6535.0006/01/202433892 06/01/2024Antonio & Aida Rinos$1773.0006/01/202433893 06/01/2024 Greater San Gabriel Valley Property $856.0006/01/202433894 06/01/2024Annette C Scott$1572.0006/01/202433895 06/01/2024 1024 Royal Oaks LP dba Whispering $18349.0006/01/202433896 06/01/2024 1024 Royal Oaks LP dba Whispering $10129.0006/01/202433897 06/01/2024 Khiem Nguyen, Authorized Signer $7023.0004/01/202433898 06/01/2024 Derek Sim$1197.0006/01/202433899 06/01/2024 Josephine Tran$1124.0006/01/202433900 06/01/2024Allan M. & Virginia J Chipp and Ralph$1060.0006/01/202433901 06/01/2024 Zi Jian Li $1227.0006/01/202433902 06/01/2024 Minh A Nguyen $1902.0006/01/202433903 06/01/2024 DelGar I LLC. $1315.0006/01/202433904 06/01/2024 Jaime Barcena $1400.0006/01/202433905 06/01/2024 Monica D Mao $1665.0006/01/202433906 06/01/2024 Shiu-Ein Huang $248.0006/01/202433907 06/01/2024 The Promenade Housing Partners, LP $5081.0006/01/202433908 06/01/2024 Paramjit S Nijjar $2930.0006/01/202433909 06/01/2024 Rosa Beltran $1890.0006/01/202433910 06/01/2024 David Wagner$1173.0006/01/202433911 06/01/2024Ynfante Holdings I, LLC$1008.5306/01/202433912 06/01/2024 Roman Basin $1453.0006/01/202433913 06/01/2024 Sandhya Kal and Padma Kal $1519.0006/01/202433914 06/01/2024 K. Carl and Zitta A Setian $1380.0006/01/202433915 06/01/2024 Nomer Lacson $2038.0006/01/202433916 06/01/2024Anna & Simon Choi$1429.0006/01/202433917 06/01/2024 Chung Thi Pham $2695.0006/01/202433918 06/01/2024 Roy Lam $1298.0006/01/202433919 06/01/2024 Golden Dragon Properties LLC c/o $970.0006/01/202433920 06/01/2024 Nancy H Shen $671.0006/01/202433921 06/01/2024 Richard A DaSylveira $214.0006/01/202433922 06/01/2024 Sara Romo $2447.0006/01/202433923 06/01/2024 T & P Property LLC $925.0006/01/202433924 06/01/2024 Singing Wood Senior Housing LP $18825.0006/01/202433925 06/01/2024 Sitara B. Mamdani $2362.0006/01/2024Check Register Report GN 06/06/2024 Page 5Copyright © 2011-2024, HAPPY Software, Inc. 33926 06/01/2024 Garvey Senior Affordable Partners, LP $3601.0006/01/202433927 06/01/2024Amy Phan Tran$1146.0006/01/202433928 06/01/2024 Ryan Kinpong Woo and Ching King $573.0006/01/202433929 06/01/2024 Mei Yan Chen $1215.0006/01/202433930 06/01/2024 Shawn Hui Zhen $547.0006/01/202433931 06/01/2024 Fred Lau $955.0006/01/2024$777,794.21Total534Unit Count$1,444.88Average Weighted by Unit Count$1,443.03Average3Hard to House Count Check Register Report GN 06/06/2024 Page 6Copyright © 2011-2024, HAPPY Software, Inc.
STAFF REPORT
ITEM NO. _____HA 2____
TO: Chair and Members of the Housing Authority
FROM: Rose Tam, Director of Finance
PREPARED BY: Anthony Ceballos, Accountant
DATE: June 19, 2024
SUBJECT: Treasurer’s Report HA – March 2024
SUMMARY
Attached is the Treasurer’s Report for the month of March 2024. The Treasurer’s Report lists all cash for the City which includes the Baldwin Park Financing Authority, the Housing Authority, and the Successor Agency to the Community Development Commission (CDC). All inves tments are in compliance with the City’s Investment Policy and the California Government Code.
RECOMMENDATION
Staff recommends that the Board receive and file the Treasurer’s Report for March 2024.
FISCAL IMPACT
None
BACKGROUND
City of Baldwin Park Investment Policy requires the Treasurer’s Report be submitted to the Mayor and City Council on a monthly basis.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Exhibit “A”, Treasurer’s Report
STAFF REPORT
ITEM NO. ___HA 3 ___
TO: Chair and Members of the Housing Authority
FROM: Rose Tam, Director of Finance
PREPARED BY: Anthony Ceballos, Accountant
DATE: June 19, 2024
SUBJECT: Treasurer’s Report HA – April 2024
SUMMARY
Attached is the Treasurer’s Report for the month of April 2024. The Treasurer’s Report lists all cash for the City which includes the Baldwin Park Financing Authority, the Housing Authority, and the Successor Agency to the Community Development Commission (CDC). All inves tments are in compliance with the City’s Investment Policy and the California Government Code.
RECOMMENDATION
Staff recommends that the Board receive and file the Treasurer’s Report for April 2024.
FISCAL IMPACT
None
BACKGROUND
City of Baldwin Park Investment Policy requires the Treasurer’s Report be submitted to the Mayor and City Council on a monthly basis.
LEGAL REVIEW
Not Applicable
ATTACHMENTS
1. Exhibit “A”, Treasurer’s Report
ESTIMATED
INVESTMENT INTEREST PURCHASE MATURITY PAR CURRENT BOOK MARKET
DESCRIPTION RATE DATE DATE VALUE PRINCIPAL VALUE VALUE
State of California Local Agency Investment Fund (LAIF) * City-Including General Fund & all other Special Revenue Funds 4.272% Varies Varies 9,466,047.01$ 9,466,047.01$ 9,466,047.01$ 9,466,047.01$ * Housing Authority 4.272% Varies Varies 426.28 426.28 426.28 426.28 9,466,473.29 9,466,473.29 9,466,473.29 9,466,473.29
Certificate of Deposit
* Traditions Bancorp Inc. (Cambridge Investment Research) 4.650% 11/4/2022 11/4/2024 250,000.00 250,000.00 250,000.00 249,095.00 * BMO 5.400% 4/26/2024 7/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 10,005,917.80 10,250,000.00 10,250,000.00 10,250,000.00 10,255,012.80 US Treasury Securities
* United States Treas NTS 3.000T 07/31/24 B/E DTD 07/31/22 1st CPN DTE 01/31/23 CPN PMT Semi Annual (Multi-Bank Securities Inc.) 3.000% 7/13/2023 7/31/2024 6,500,000.00 6,500,000.00 6,500,000.00 6,460,870.00 * United States Treas Bills 0.000% 08/22/24 B/E DTD 02/22/24 (Piper Sandler & Co.) 0.000% 2/22/2024 8/22/2024 3,000,000.00 3,000,000.00 3,000,000.00 2,950,770.00 * United States Treas Bills 0.000% 09/26/24 B/E DTD 03/28/24 (Piper Sandler & Co.) 0.000% 4/3/2024 9/26/2024 10,000,000.00 10,000,000.00 10,000,000.00 9,786,400.00 19,500,000.00 19,500,000.00 19,500,000.00 19,198,040.00 US Government Bonds
* Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Multi-Bank Securities Inc.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,994,880.00 * Federal Natl Mtg Assn 5.210% 02/14/25 B/E DTD 02/16/24 Callable 08/14/24 @ 100.000 (Piper Sandler & Co.) 5.210% 2/16/2024 2/14/2025 2,000,000.00 2,000,000.00 2,000,000.00 1,994,880.00 * Federal Home LN BKS CONS BD 5.250% 12/30/24 B/E DTD
03/28/24 Callable 06/28/24 @ 100.000 (Piper Sandler & Co.) 5.250% 4/2/2024 12/30/2024 5,000,000.00 5,000,000.00 5,000,000.00 4,996,050.00 * Federal Home LN BKS CONS BD 5.350% 04/3/25 B/E DTD
04/4/24 Callable 07/3/24 @ 100.000 Moody Rating Aaa (Piper Sandler & Co.) 5.350% 4/4/2024 4/3/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,993,980.00 * Federal Home LN BKS CONS BD 5.180% 10/2/25 B/E DTD
04/2/24 Callable 01/2/25 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.180% 4/2/2024 10/2/2025 7,000,000.00 7,000,000.00 7,000,000.00 6,981,030.00 * Federal Home LN BKS CONS BD 5.125% 03/27/26 B/E DTD
03/28/24 Callable 12/27/24 @ 100.000 Moody Rating Aaa S & P (Piper Sandler & Co.) 5.125% 4/2/2024 3/27/2026 7,000,000.00 7,000,000.00 7,000,000.00 6,973,400.00 30,000,000.00 30,000,000.00 30,000,000.00 29,934,220.00 US Bank - Debt Service Trustee Accounts
* Fiscal Agent Funds (Trust/Debt Service Fund) Varies Varies Varies 3,883,298.33 3,883,298.33 3,883,298.33 3,883,298.33 * Fiscal Agent Funds - Successor Agency (Trust/Debt Service Fund Varies Varies Varies 866.18 866.18 866.18 866.18 3,884,164.51 3,884,164.51 3,884,164.51 3,884,164.51
73,100,637.80$ 73,100,637.80$ 73,100,637.80$ 72,737,910.60$ Total Investments 73,100,637.80$
Cash with BMO
4,763,069.78
244,403.29
1.72 683,290.23
1,588,316.03
1,054,234.48
Total Cash with BMO 8,333,315.53
Investment Brokerage (Cash & Cash Equivalents) 21,720.55 Total Cash and Investments $ 81,455,673.88
Money Market Plus
Successor Agency
CITY OF BALDWIN PARK
TREASURER'S REPORT
4/30/2024
Housing Authority
City Miscellaneous Cash (W/C, P/R)
City Checking (General)
CNG Station
CITY OF BALDWIN PARK
TREASURER'S REPORT
4/30/2024
Approved by:
Rose Tam
Director of Finance
Statement of Investment Policy.
* There was multiple investment purchase transactions made for the month of April 2024 and several deposits/withdrawals were made through the Local Agency Investment Fund.
In compliance with the California Government Code Section 53646 et seq., I hereby certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months that all investments are in compliance to the City's * Schedule of Cash and Investments includes city-wide assets as included in the Comprehensive Annual Financial Report.
STAFF REPORT
ITEM NO. _____HA 4____
TO: Chair and Members of the Housing Authority
FROM: Enrique C. Zaldivar, Chief Executive Officer
Rose Tam, Director of Finance
DATE: June 19, 2024
SUBJECT: Public Hearing and Adoption of the Budget for Fiscal Year 2024-25 for the City, Finance Authority, Municipal Financing Authority, Housing Authority and Successor Agency
SUMMARY
The Mayor and the City Council are required to adopt a budget annually for each fiscal year for the City and hold a public hearing for its consideration and approval. In addition, they must also adopt budgets for the Financing Authority, Municipal Financing Authority, Housing Authority, and the Successor Agency to the Dissolved Community Development Commission, where they also sit as Board Members. Attached is the proposed budget for fiscal year 2024-25 and the resolutions which approve the adoption of the budget. The capital improvement projects (CIP) proposed budget for fiscal year 2024-25 is not included and will be presented at a later date.
RECOMMENDATION
Staff recommends that the City Council open a public hearing, and following the public hearing, adopt the fiscal year 2024-25 Budget for:
• City of Baldwin Park by Resolution No. 2024-027, and
• Finance Authority by Resolution No. FA 2024-001, and
• Municipal Financing Authority by Resolution No. MFA 2024-001, and • Housing Authority by Resolution No. HA 2024-003, and
• Successor Agency by Resolution No. SA 2024-001
FISCAL IMPACT
General Fund (100)
Revenues $ 38,328,256 Expenditures $ 41,417,628 Deficit $ (3,089,372)
Other Funds – Expenditures
Measure BP Sales Tax (TUT) Fund $ 810,314
Future Development Fund $ 1,186,316 Community Enhancement Fund $ 181,900 Internal Service Funds $ 8,637,491 Special Revenue Funds $ 75,519,993 Finance Authority $ 6,360,254
Successor Agency $ 2,157,531
Housing Authority $ 10,508,120
Total Other Funds – Expenditures $ 105,361,919
TOTAL BUDGET (CITY-WIDE EXPENDITURES) $ 146,779,547
BACKGROUND
The Mayor and the City Council are required to adopt a budget each fiscal year for the City and its respective Agencies and Authorities to operate. The Chief Executive Officer and Director of Finance met initially with each member of the Executive Team and their managers/supervisors/assistants to review their departmenta l budgets and their various requests. From those meetings a proposed budget was assembled and presented to the Mayor and City Council to review and consider. The Mayor and the City Council are also required to hold a public hearing, and at the conclusion of the public hearing, the City may adopt the budget as originally filed or changed by it. The Public Hearing Notice was posted as required.
The City-wide total proposed budget for Fiscal Year 2024-25 is $146,779,547. The total projected General Fund revenue is $38,341,837 and expenditure is $41,440,790 with a projected deficit of $3,098,953. Due to the onset of COVID-19 in FY 2020-21, many programs were suspended for approximately a year. Combined with savings from vacant positions and funding from ARPA for many programs and projects, the City has generated a surplus over the past 3 fiscal years (FY 2021, 2022, 2023), amounts to $3.9M that has been added to the General Fund reserve. The surplus can be utilized to support the projected deficit due to increases in expenditure. The projected General Fund Reserve balance at the end of the fiscal year will be $9.9 million.
The General Fund revenue is expected to increase by $752,435 from the prior year. The projected increases are mainly from sales tax, utilit y users tax, property tax in lieu of VLF, franchise fees, business licenses, transient occupancy tax, SB211 passthrough from the redevelopment property tax (former RDA project areas) and interest earnings. We projected $557,333 to be transferred to the Gen eral Fund from the cannabis public benefit fees to be used to fund safety, community enhancement, as well as funding youth and community services. A small percentage is used to fund administration costs and related legal expenses.
The City’s General Fund proposed expenditures are $41,417,628, an increase of $4.9 million from the prior year.
The increases is due to inflation, causing the cost of everything to increase. The other main reason here is due to the proposed COLA increase including part -time employees, health insurance, other MOU related costs, and increase in CalPERS pension cost. The COLA adjustments will enhance city-wide salaries making the City more competitive in hiring and employee retention.
Public safety continues to be the priority of the City. Therefore, another major increase is the public safety budget due to the planned filling of police officer vacancies and contractual obligations. The increases in personnel and maintenance/operation are mainly due to the COLA and CPI.
The General Fund projected expenditures also include an estimated cost of $513,060 to support many special events, programs, and quality of life activities to benefit the residents, business, and the community. These special events, programs and activities include but are not limited to the 4th of July Celebration, Concerts in the Park, Downtown Street Market, Posada, State of the City Address, Arbor Day Celebration, Breakfast with Santa, Spring Fest, Tree Lighting Ceremony, Christmas with the COPS, National Night Out, Trick or Treat with the COPS, Pride of the Valley 5K Run, Mental Health Awareness and Veterans Day Ceremony, and Celebrate Baldwin Park Holiday Parade.
This proposed budget also includes the newly implemented Measure BP Sales Tax Fund -Transactions and Use Taxes (TUT). The City has received $7,537,356 TUT as of May 2024 since the inception, April 2023. The projected revenue for FY 2024-25 is $5,713,352 and proposed expenditure is $810,314.
The City will continue to take a balanced and conservative approach in managing expenditures, as well as seeking other sources of revenue to maintain a healthy reserve balance to meet future rising costs. unforeseen and/or emergency situations. The City will continue to practice proactive planning, promote increased prod uctivity, encourage efficiency in the workplace, seek new revenues, and reinvest in the community. Staff will continue to
monitor appropriations and expenditure closely and will keep the Mayor and City Council apprised of any significant changes that will impact on the budget.
ALTERNATIVES
In the event the budget is not adopted by July 1, 2024, staff is recommending that the City Council approve Continuing Appropriation Resolution Nos. 2024 -028; FA 2024 -002; MFA 2024 -002; HA 2024 -004; and SA 2024-002, which will allow the City to operate with the prior fiscal year’s budget until a new budget is adopted. This will allow the City to continue providing vital services to the community but does not allow for spending for any new program, including new capital expenditures, until such time as a new budget is adopted by the City Council.
LEGAL REVIEW
This report and resolutions have been reviewed and approved by the City Attorney as to form.
ATTACHMENTS
1. Budget Resolution Nos. 2024-027; FA 2024-001; MFA 2024-001; HA 2024-003; and SA 2024-001
2. Continuing Appropriation Resolution Nos. 2024 -028; FA 2024-002; MFA 2024-002; HA 2024-004; and SA 2024-002
3. FY2024-25 Proposed Budget (Summary). The proposed line -item budget will be av ailable on the City’s website by June 13, 2024.
4. FY2024-25 Projected Fund Balance.
5. FY2024-25 Proposed General Fund Reserve Bar Chart
Attachment 1
RESOLUTION NO. 2024-027
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN
PARK ADOPTING THE BUDGET OF THE CITY FOR THE FISCAL
YEAR COMMENCING JULY 1, 2024 AND ENDING JUNE 30, 2025
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Chief Executive Officer and Director of Finance and as modified by the City Council for said fiscal year. A Budget is attached to this Resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several departments, offices, and agencies for the respective objects and purposes therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicab le ordinances of the City and statutes of the State.
SECTION 3. That the authority granted for making expenditures from other than the General Fund shall be limited to the actual amount of money received from the source of funds indicated in the Budget for each department, section, or purpose, and no liability upon the General Fund is assumed or can be imposed in excess of such amounts as may be provided therefore in this Budget from the General Fund. In the event that the amounts of money received and credited to the special funds exceed the amount herein estimated, such excess receipts shall be considered deferred allocations in such special funds, contingent upon such receipt and no expenditure thereof made except under the provisions as provided by law or ordinance.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the City Council by a majority vote of a quorum of the City Council.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
Attachment 1 (Continued)
(C) Transfers up to $15,000 between cost center programs may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the City Council by a majority vote of a quorum of the City Council.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the City Council for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
MAYOR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss:
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. 2024-027 was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at a regular meeting of the City Council on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
________________________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. FA 2024-001
A RESOLUTION OF THE FINANCING AUTHORITY OF THE
CITY OF BALDWIN PARK ADOPTING THE BUDGET OF THE
AUTHORITY FOR THE FISCAL YEAR COMMENCING JULY 1,
2024 AND ENDING JUNE 30, 2025
NOW THEREFORE, THE FINANCING AUTHORITY BOARD MEMBERS OF THE
CITY OF BALDWIN PARK DO ES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Financing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Financing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. FA 2024-001 was duly and regularly approved and adopted by the Members of the Financing Authority of the City of Baldwin Park at a regular meeting of the Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. HA 2024-003
A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY
OF BALDWIN PARK ADOPTING THE BUDGET OF THE
AUTHORITY FOR THE FISCAL YEAR COMMENCING JULY 1,
2024 AND ENDING JUNE 30, 2025
THE HOUSING AUTHORITY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Housing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Housing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. HA 2024-003 was duly and regularly approved and adopted by the Members of the Housing Authority of the City of Baldwin Park at a regular meeting of the Housing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
Attachment 1 (Continued)
RESOLUTION NO. MFA 2024-001
A RESOLUTION OF THE MUNICIPAL FINANCING
AUTHORITY OF THE CITY OF BALDWIN PARK ADOPTING
THE BUDGET OF THE AUTHORITY FOR THE FI SCAL YEAR
COMMENCING JULY 1, 2024 AND ENDING JUNE 30, 2025
THE MUNICIPAL FINANCING AUTHORITY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Municipal Financing Authority of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Municipal Financing Authority and as modified by the Authority Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Authority Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Authority Board by a majority vote of a quorum of the Authority Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Authority Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the City Clerk shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. MFA 2024-001 was duly and regularly approved and adopted by the Members of the Municipal Financing Authority of the City of Baldwin Park at a regular meeting of the Municipal Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
CITY CLERK
None
Attachment 1 (Continued)
RESOLUTION NO. SA 2024-001
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE
DISSOLVED COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF BALDWIN PARK ADOPTING THE BUDGET OF
THE AUTHORITY FOR THE FI SCAL YEAR COMMENCING
JULY 1, 2024 AND ENDING JUNE 30, 2025
THE SUCCESSOR AGENCY BOARD MEMBERS OF THE CITY OF BALDWIN PARK DOES HEREBY AS RESOLVE AND ORDER AS FOLLOWS:
SECTION 1. That the Budget for the Successor Agency of the City of Baldwin Park for the fiscal year commencing July 1, 2024 and ending June 30, 2025, is hereby adopted as prepared and submitted by the Executive Director of the Successor Agency and as modified by the Agency Board for said fiscal year. A Budget is attached to this resolution for adoption as presented.
SECTION 2. That from and after the effective date of the adoption of said Budget, the several amounts stated therein as proposed expenditures, shall be deemed appropriated to the several line items for the respective objects and purposed therein stated. All appropriations with the exception of capital improvement programs, shall lapse at the end of the fiscal year to the extent that they shall not have been expended or lawfully encumbered, pursuant to the provisions of all applicable statutes of the State.
SECTION 3. That the Authority granted for making expenditures shall be limited to the actual amount of money received from the sources of funds indicated in the Budget and no liability upon the Authority is assumed or can be imposed in excess of such amounts as may be provided therefore in the Budget.
SECTION 4. That amounts appropriated to any account for any object or purpose may be transferred in the following manner:
(A) That at any meeting after adoption of the budget, total appropriations may be amended by the Board Members by a majority vote of a quorum of the Authority Board.
(B) For transfers of appropriations within the same cost center program, such transfers in an amount less than $10,000 may be approved by the department head, and such transfers up to $15,000 may be approved by the Chief Executive Officer. For amounts greater than $15,000, City Council approval is required.
(C) Transfers up to $15,000 between line items may be approved by the Executive Director. For amounts greater than $15,000, Agency Board approval is required.
Attachment 1 (Continued)
(D) All transfers of appropriations in accordance with subsections (B) and (C) above shall be within the same fund.
(E) Any transfer of appropriations from one fund to another fund is considered a new appropriation requiring a budget amendment, and such appropriations must be approved by the Agency Board by a majority vote of a quorum of the Agency Board.
(F) For transfers of appropriations related to contract approved under the Chief Executive Officer authority, such transfers may be approved by the Chief Executive Officer authority in conformity with Section 34.26 and 34.37 of the Baldwin Park Municipal Code.
(G) All transfers made pursuant to the above provisions shall be submitted to the Agency Board for informational purposes.
SECTION 5. That this Resolution shall become effective July 1, 2024.
SECTION 6. That the Secretary shall certify to the adoption of this Resolution.
Attachment 1 (Continued)
APPROVED AND ADOPTED this 19th day of June 2024.
EMMANUEL J. ESTRADA
CHAIR
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ , Secretary of the Successor Agency of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. SA 2024-001 was duly and regularly approved and adopted by the Members of the Successor Agency of the City of Baldwin Park at a regular meeting of the Successor Agency on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
CHRISTOPHER SAENZ
SECRETARY
Attachment 2
RESOLUTION NO. 2024-028
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN
PARK, COUNTY OF LOS ANGELES, STAT E OF CALIFORNIA
AUTHORIZING A CONTINUING APPROPRIATION FOR THE
TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL YEAR
2024-25 PENDING FINAL APPROVAL OF THE 2024-25 BUDGET
WHEREAS, the City needs an operating budget to function financially, and
WHEREAS, the City desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the City Council has a properly approved budget for fiscal year 2023-
24. NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The City adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Chief Executive Officer is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Mayor or presiding officer of the Baldwin Park City Council is hereby authorized to execute this resolution indicating its adoption by the City Council.
Section 4. That this Resolution shall become effective retroactively as of July 1, 2023.
Section 5. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Mayor
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. 2024-028 was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at a regular meeting thereof held on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
________________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 2 (Continued)
RESOLUTION NO. FA 2024-002
A RESOLUTION OF THE FINANCING AUTHORITY OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Financing Authority needs an operating budget to function financially, and
WHEREAS, the Financing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Financing Authority has a properly approved budget for fiscal year 2023-24.
NOW, THEREFORE BE IT RESOLVED BY THE FINANCING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY AND ORDER AS FOLLOWS:
Section 1. The Financing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Financing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Financing Authority is hereby authorized to execute this resolution indicating its adoption by the Financing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. FA 2024-002 was duly and regularly approved and adopted by the Financing Authority of the City of Baldwin Park at a regular meeting of the Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_______________________
Christopher Saenz
City Clerk
Attachment 2 (Continued)
RESOLUTION NO. HA 2024-004
A RESOLUTION OF THE HOUSING AUTHORITY OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 20 23-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Housing Authority needs an operating budget to function financially, and
WHEREAS, the Housing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Housing Authority has a properly approved budget for fiscal year 2023-24.
NOW THEREFORE, THE HOUSING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Housing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Housing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Housing Authority is hereby authorized to execute this resolution indicating its adoption by the Housing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. HA 2024-004 was duly and regularly approved and adopted by the Housing Authority of the City of Baldwin Park at a regular meeting of the Housing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_______________________
CHRISTOPHER SAENZ
CITY CLERK
Attachment 2 (Continued)
RESOLUTION NO. MFA 2024-002
A RESOLUTION OF THE MUNICIPAL FINANCING AUTHORITY OF
THE CITY OF BALDWIN PARK, COUNTY OF LOS ANGELES, STATE
OF CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION
FOR THE TEMPORARY USE OF THE 2023-24 BUDGET FOR FISCAL
YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25
BUDGET
WHEREAS, the Municipal Financing Authority needs an operating budget to function financially, and
WHEREAS, the Municipal Financing Authority desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Municipal Financing Authority has a properly approved budget for fiscal year 2023-24.
NOW THEREFORE THE MUNICIPAL FINANCING AUTHORITY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Municipal Financing Authority adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Municipal Financing Authority Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Municipal Financing Authority is hereby authorized to execute this resolution indicating its adoption by the Municipal Financing Authority.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. MFA 2024-002 was duly and regularly approved and adopted by the Municipal Financing Authority of the City of Baldwin Park at a regular meeting of the Municipal Financing Authority on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_____________________
Christopher Saenz
City Clerk
Attachment 2 (Continued)
RESOLUTION NO. SA 2024-002
A RESOLUTION OF THE SUCCESSOR AGENCY TO THE DISSOLVED
COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF
BALDWIN PARK , COUNTY OF LOS ANGELES, STAT E OF
CALIFORNIA AUTHORIZING A CONTINUING APPROPRIATION FOR
THE TEMPORARY USE OF THE 2023-24 BUDGET FOR FISCAL YEAR 2024-25 PENDING FINAL APPROVAL OF THE 2024-25 BUDGET
WHEREAS, the Successor Agency needs an operating budget to function financially, and
WHEREAS, the Successor Agency desires to continue making payments in a timely basis with proper authorization established, and
WHEREAS, the Successor Agency has a properly approved budget for fiscal year 2023-24.
NOW, THEREFORE THE SUCCESSOR AGENCY OF THE CITY OF BALDWIN PARK DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
Section 1. The Successor Agency adopts as a temporary measure the fiscal year 2023-24 budget as its budget for fiscal year 2024-25.
Section 2. The Successor Agency Executive Director is hereby directed and authorized to take any and all necessary actions to implement this budget.
Section 3. The Chair or presiding officer of the Successor Agency is hereby authorized to execute this resolution indicating its adoption by the Successor Agency.
Section 4. The City Clerk, or her duly appointed Deputy, is directed to attest thereto.
Attachment 2 (Continued)
PASSED, APPROVED AND ADOPTED on this 19th day of June 2024.
Emmanuel J. Estrada, Chair
ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, CHRISTOPHER SAENZ, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. SA 2024-002 was duly and regularly approved and adopted by the Successor Agency of the City of Baldwin Park at a regular meeting of the Successor Agency on June 19, 2024, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_____________________
CHRISTOPHER SAENZ
CITY CLERK
Fund Fund Description
FY 2025
Proposed
Revenues
FY 2025
Proposed
Expenditures
Surplus /
(Deficit)
General Fund
100 General Fund* 38,328,256 41,417,628 (3,089,372) 110 Measure BP Sales Tax (TUT) 5,713,352 810,314 4,903,038 200 Future Development Fund** 32,360 1,186,316 (1,153,956) 210 Community Enhancement Fund** 100,000 181,900 (81,900) Subtotal - General Fund 44,173,968 $ 43,596,158$ 577,810 $ Internal Services Funds
401 Information and Support Services 1,345,293 1,605,293 (260,000) 402 Fleet Services 1,261,577 1,491,577 (230,000) 403 Internal Insurance 5,540,621 5,540,621 - Subtotal - Internal Services Funds 8,147,491 $ 8,637,491$ (490,000)$ Special (Restricted) Funds
205 Federal Asset Forfeiture - 57,043 (57,043) 208 Law Enforcement Development Impact 20,600 25,000 (4,400) 209 AB74 Public Safety Enhancement - 22,589 (22,589) 220 Community Development Block Grant 2,251,054 2,303,667 (52,613) 221 H.O.M.E. (Home Investment Partnership Program) 4,091,516 3,600,511 491,005 222 CAL Home 100 - 100 230 AB1693 Business Improvement Fees 135,200 157,106 (21,906) 231 Air Quality Management 94,632 133,012 (38,380) 234 Park Fees (Quimby Act) 220,000 2,546,571 (2,326,571) 235 General Plan Fees 162,000 559,545 (397,545) 236 Public Art Fees 33,000 - 33,000 237 Cannabis Fees 738,333 738,333 0 240 Gasoline Tax 1,964,162 1,961,589 2,573 241 Surface Transportation Program 18,000 985,785 (967,785) 243 Bicycle and Pedestrian Safety 296,095 - 296,095 244 Proposition A 2,265,346 2,168,467 96,879 245 Proposition C 1,651,707 2,782,907 (1,131,200) 246 AB939 Integrated Waste Management 643,000 669,479 (26,479) 247 Oil Recycling Grant 10,000 11,637 (1,637) 249 Storm Drains NPDS 175,100 173,415 1,685 250 Assessment District 14,630 - 14,630 251 Street Lighting and Landscape 2,332,673 2,753,675 (421,002) 252 Parks Maintenance Assessment District 1,107,280 1,107,280 - 253 Proposition A - Parks 60 - 60 254 Measure R Local Return 1,248,280 2,326,349 (1,078,069) 255 Measure M 2,733,014 3,035,428 (302,414) 256 SB1 Road Repair & Accountability 1,852,108 3,162,093 (1,309,985) 257 Traffic Mitigation Fees 1,600 - 1,600 258 Measure W 5,575,690 15,556,965 (9,981,275) 270 Grants Fund 20,350,263 18,890,257 1,460,006 271 Police Grants Fund 193,393 169,151 24,242 275 American Rescue Plan Act 10,000 9,553,590 (9,543,590) 280 Cooperative Agreements Contributions 15,000 15,000 - 450 BPROUD Utility District 3,000 4,550 (1,550) Subtotal Special Funds 50,206,836 $ 75,519,993$ (25,313,156)$ TOTAL GENERAL, INTERNAL SERVICES, & SPECIAL FUNDS102,528,295$ 127,753,642$ (25,225,347)$ City of Baldwin Park
Fiscal Year 2024-2025 Proposed Budget
Attachment 3
Fund Fund Description
FY 2025
Proposed
Revenues
FY 2025
Proposed
Expenditures
Surplus /
(Deficit)
City of Baldwin Park
Fiscal Year 2024-2025 Proposed Budget
Financing Authority Funds
610 COP Lease Payment 590,399 590,399 - 651 Pension Obligation Bond 2019 3,844,972 3,846,623 (1,651) 660 Measure M Rev Bond 588,669 1,923,232 (1,334,563) Subtotal Financing Authority Funds 5,024,040 $ 6,360,254$ (1,336,214)$ Successor Agency Funds
Capital Projects
806 Sierra Vista Capital Project 116,741 116,741 - Subtotal Capital Projects 116,741 $ 116,741$ - $ Debt Service
838 BP Merged 2017 Refinance 1,090,263 1,086,883 3,380 Subtotal Debt Service 1,090,263 $ 1,086,883$ 3,380 $ Low/Mod Housing
890 Low/Mod Income Housing 127,000 953,908 (826,908) Subtotal Low/Mod Housing 127,000 $ 953,908$ (826,908)$ TOTAL SUCCESSOR AGENCY FUNDS 1,334,004$ 2,157,531$ (823,527.83)$ Housing Authority
901 Housing Voucher Choice 9,461,435 9,502,111 (40,676) 902 Housing Authority American Rescue Plan Act 827,588 777,774 49,814 905 Public Housing 109,599 197,410 (87,811) 910 CIAP 30,825 30,825 - Subtotal Housing Authority Funds 10,429,447 $ 10,508,120$ (78,672.62)$ COMBINED GRAND TOTAL - ALL FUNDS 119,315,786$ 146,779,547$ (27,463,761)$ 9,929,084$ * The Projected General Fund Reserve Balance at June 30, 2025 is:
** The Future Development Fund and Community Enhancement Fund were merged with the General Fund. However, these funds are committed for future / special projects pending City Council approval.
Attachment 3 (Continued)
Projected 2025 2025 2025 2025 Projected
Fund Balance Proposed Proposed Proposed Proposed Fund Balance Fund Fund Description 06/30/2024 Revenues Transfers In Expenditures Transfers Out 06/30/2025 General Fund
100 General Fund* 43,845,179 37,770,923 557,333 40,623,501 794,127 40,755,807 110 Measure BP Sales Tax (TUT) 8,693,724 5,713,352 - 810,314 - 13,596,762 200 Future Development Fund** 4,290,027 32,360 - 1,186,316 - 3,136,071 210 Community Enhancement Fund** 631,438 100,000 - 181,900 - 549,538 Subtotal - General Fund 57,460,368 $ 43,616,635$ 557,333 $ 42,802,031$ 794,127 $ 58,038,177$ Internal Services Funds
401 Information and Support Services 312,132 1,345,293 - 1,605,293 - 52,132 402 Fleet Services 283,768 1,261,577 - 1,491,577 - 53,768 403 Internal Insurance (7,761,547) 5,540,621 - 5,540,621 - (7,761,547) 404 Capital Equipment (3,791) - - - - (3,791) Subtotal - Internal Services Funds (7,169,439)$ 8,147,491$ - $ 8,637,491$ - $ (7,659,439)$ Special (Restricted) Funds
205 Federal Asset Forfeiture 83,104 - - 57,043 - 26,061 206 State Asset Forfeiture 56,068 - - 49,000 - 7,068 207 Local Law Enforcement Block Grant 15,648 - - - - 15,648 208 Law Enforcement Development Impact 101,049 20,600 - 25,000 - 96,649 209 AB74 Public Safety Enhancement 126,471 - - 22,589 - 103,883 220 Community Development Block Grant 304,666 2,251,054 - 2,303,667 - 252,053 221 H.O.M.E. (Home Investment Partnership Program) 6,925,295 4,091,516 - 3,600,511 - 7,416,299 222 CAL Home 159,547 100 - - - 159,647 230 AB1693 Business Improvement Fees 22,225 135,200 - 157,106 - 319 231 Air Quality Management 96,199 94,632 - 133,012 - 57,819 232 Residential Development Fee 4 - - - - 4 233 Economic Development Grant 554 - - - - 554 234 Park Fees (Quimby Act) 2,335,571 220,000 - 2,546,571 - 9,000 235 General Plan Fees 578,519 162,000 - 559,545 - 180,975 236 Public Art Fees 253,190 33,000 - - - 286,190 237 Cannabis Fees (19,225) 738,333 - 181,000 557,333 (19,224) 240 Gasoline Tax (242,700) 1,964,162 - 1,961,589 - (240,127) 241 Surface Transportation Program 968,537 18,000 - 985,785 - 752 243 Bicycle and Pedestrian Safety 15 296,095 - - - 296,110 244 Proposition A 428,637 2,265,346 - 2,168,467 - 525,516 245 Proposition C 1,181,358 1,651,707 - 2,782,907 - 50,158 246 AB939 Integrated Waste Management 145,494 643,000 - 669,479 - 119,014 247 Oil Recycling Grant (11,192) 10,000 - 11,637 - (12,829) 249 Storm Drains NPDS 85,074 175,100 - 173,415 - 86,759 250 Assessment District 419,153 14,630 - - - 433,783 251 Street Lighting and Landscape 738,455 2,332,673 - 2,753,675 - 317,453 252 Parks Maintenance Assessment District 3,692 903,552 203,728 1,107,280 - 3,692 253 Proposition A - Parks 60 60 - - - 120 254 Measure R Local Return 1,112,412 1,248,280 - 2,326,349 - 34,343 255 Measure M 660,725 1,398,451 1,334,563 2,446,759 588,669 358,311 256 SB1 Road Repair & Accountability 2,876,198 1,852,108 - 3,162,093 - 1,566,213 257 Traffic Mitigation Fees (8,021) 1,600 - - - (6,421) 258 Measure W 14,154,035 5,575,690 - 15,556,965 - 4,172,760 City of Baldwin Park
Fiscal Year 2024-2025 Projected Fund Balance
Attachment 4
Projected 2025 2025 2025 2025 Projected
Fund Balance Proposed Proposed Proposed Proposed Fund Balance Fund Fund Description 06/30/2024 Revenues Transfers In Expenditures Transfers Out 06/30/2025 259 Measure H 110,250 - - - - 110,250 270 Grants Fund (1,661,041) 20,350,263 - 18,890,257 - (201,035) 271 Police Grants Fund 90,771 193,393 - 169,151 - 115,013 275 American Rescue Plan Act 9,873,227 10,000 - 9,553,590 - 329,638 280 Cooperative Agreements Contributions 31,475 15,000 - 15,000 - 31,475 301 Building Reserve 10,213 - - - - 10,213 450 BPROUD Utility District 305,349 3,000 - 4,550 - 303,799 Subtotal Special Funds 42,311,061 $ 48,668,545$ 1,538,291$ 74,373,991$ 1,146,002$ 16,997,904$ TOTAL GENERAL, INTERNAL SERVICES & SPECIAL FUNDS 92,601,990$ 100,432,671$ 2,095,624$ 125,813,513$ 1,940,129$ 67,376,643$ Financing Authority Funds
601 Debt Service 36,393 - - - - 36,393 610 COP Lease Payment - - 590,399 590,399 - - 635 BPFA/PM 2003 Tax Alloc 33,104 - - - - 33,104 637 BPFA/CBD 1990 Refunding Loan 143 - - - - 143 650 Pension Obligation Bond 3,355 - - - - 3,355 651 Pension Obligation Bond 2019 191,917 3,844,972 - 3,846,623 - 190,266 660 Measure M Rev Bond 3,175,592 - 588,669 588,669 1,334,563 1,841,029 Subtotal Financing Authority Funds 3,440,504$ 3,844,972$ 1,179,068$ 5,025,691$ 1,334,563$ 2,104,290$ Successor Agency Funds
Capital Projects
806 Sierra Vista Capital Project 1,511,424 - 116,741 116,741 - 1,511,424 Subtotal Capital Projects 1,511,424 $ - $ 116,741$ 116,741$ - $ 1,511,424$ Debt Service
838 BP Merged 2000 Refinance 2,471 1,090,263 - 970,142 116,741 5,851 Subtotal Debt Service 2,471 $ 1,090,263$ - $ 970,142$ 116,741$ 5,851 $ Low/Mod Housing
890 Low/Mod Income Housing 10,726,851 127,000 - 953,908 - 9,899,942 Subtotal Low/Mod Housing 10,726,851 $ 127,000 $ - $ 953,908$ - $ 9,899,942$ TOTAL SUCCESSOR AGENCY FUNDS 12,240,745$ 1,217,263$ 116,741$ 2,040,791$ 116,741$ 11,417,217$ Housing Authority
901 Housing Voucher Choice 51,632 9,461,435 - 9,502,111 - 10,956 902 Housing Authority American Rescue Plan Act 208,769 827,588 - 777,774 - 258,584 905 Public Housing 285,057 78,774 30,825 197,410 - 197,246 910 CIAP - 30,825 - - 30,825 - Subtotal Housing Authority Funds 545,458 $ 10,398,622$ 30,825 $ 10,477,295$ 30,825 $ 466,786$ COMBINED GRAND TOTAL - ALL FUNDS 108,828,697$ 115,893,528$ 3,422,257$ 143,357,289$ 3,422,257$ 81,364,936$ $ 9,929,084 * The Projected General Fund Reserve Balance at June 30, 2025 is:
** The Future Development Fund and Community Enhancement Fund were merged with the General Fund. However, these funds are committed for future / special projects pending City Council approval.
Attachment 4 (Continued)
General Fund Reserve Bar Chart - Fiscal Year 2024-25 Projected $0$2,000,000$4,000,000$6,000,000$8,000,000$10,000,000$12,000,000$14,000,000 2016 2017 2018 2019 2020 2021 2022 2023 2024Projected2025Projected$7,572,817 $7,090,375 $8,484,704 $9,409,180 $9,730,683 $10,465,582 $11,304,427 $12,134,376 $13,018,456 $9,929,084 Note: This table does not include the Future Development Fund or Community Enhancement Fund.
Attachment 5
MUNICIPAL FINANCING
AUTHORITY
REGULAR MEETING
Agenda
June 19, 2024, 7:00 PM
Chair
Vice Chair
Board Member
Board Member
Board Member
Emmanuel J. Estrada
Jean M. Ayala
Alejandra Avila
Daniel Damian
Monica Garcia
Welcome to your Municipal Financing Authority Meeting
We welcome your interest and involvement in the City’s legislative process. This agenda includes information about topics coming before the Board Members and the action recommended by city staff. You can read about each topic in the staff reports, which are available on the city’s website and in the Office of the City Clerk.
Please note that, in the event of a technical issue causing a disruption in the call-in option or internet-based option, the meeting will continue unless otherwise required by law, such as when a Board Member is attending the meeting virtually pursuant to certain provisions of the Brown Act. Electronic devices are to be turned off while meetings are in session.
How to watch
The City of Baldwin Park provides two ways to watch a Municipal Financing Authority meeting:
In Person
Most Municipal Financing Authority
meetings take
place at City Hall, 14403 E. Pacific
Ave., Baldwin Park, CA 91706
Online
Audio streaming will be available at
https://www.youtube.com/channel/UCFLZ0_dDFRjy59rhiDZ13Fg/featured?view_as=subscriber http://baldwinpark.granicus.com/ViewPublisher.php?view_id=10 Reasonable Accommodations
Individuals with disabilities may request an agenda packet in appropriate alternative formats as required by the Americans with Disability Act of 1990. Reasonable accommodations and auxiliary aids will be provided to effectively allow participation in the meeting. Please contact the City Clerk’s Office at (626) 960-4011.
Public Comments
The public is encouraged to address the City Council or any of its Agencies listed on this agenda on any matter posted on the agenda or on any other matter within its jurisdiction. In accordance with Chapter 39 of the Baldwin Park Municipal Code, Speakers must address the Council as a whole and refrain from making impertinent, slanderous, or profane remarks or disrupt the peace of the meeting. Speaker cards are available at the podium and by request with the City Clerk.
Public Communication
There is a three-minute speaking time limit. This is the time set aside to address the City Council. Please notify the City Clerk if you require the services of an interpreter. No Action may be taken on a matter unless it is listed on the agenda, or unless certain emergency or special circumstances exist. The legislative body or its staff may: 1) Briefly respond to statements made or questions asked by persons; or 2) Direct staff to investigate and/or schedule matters for consideration at a future meeting. [Government Code §54954.2] If you wish to comment on agenda items and are unable to physically appear in person, please email your name, place of residence, item number or topic and a phone number where you will be available between the hours of 7:00 PM du ring City Council Meetings to [email protected]. Written comments will be distributed and will be made part of the written record but will NOT be read verbally at the meeting.
CALL TO ORDER
ROLL CALL
PUBLIC COMMUNICATIONS
CONSENT CALENDAR
PUBLIC HEARING
Public Hearing and Adoption of the Budget for Fiscal Year 2024-25 for the City, Finance Authority, Municipal Financing Authority, Housing Authority and Successor Agency Staff recommends that the City Council open a public hearing, and following the public hearing, adopt the fiscal year 2024-25 Budget for:
• City of Baldwin Park by Resolution No. 2024-027, and
• Finance Authority by Resolution No. FA 2024-001, and
• Municipal Financing Authority by Resolution No. MFA 2024-001, and • Housing Authority by Resolution No. HA 2024-003, and
• Successor Agency by Resolution No. SA 2024-001
ADJOURNMENT
CERTIFICATION
I, Christopher Saenz, City Clerk of the City of Baldwin Park hereby certify that, under penalty of perjury under the laws of the State of California that the foregoing agenda was posted on the City Hall bulletin board not less than 72 hours prior to the meeting.
Christopher Saenz
City Clerk
For further information regarding agenda items, please contact the office of the City Clerk at (626) 960-4011 ext. 466 or via e-mail at [email protected]. In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact the Public Works Department or Risk Management at (626) 960-4011. Notification 48 hours prior to the meeting will enable staff to make reasonable arrangements to ensure accessibility to this meeting. (28 CFR 34.102.104 ADA TITLE II)
STAFF REPORT
ITEM NO. _____MFA 1 _____