SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY
RESOLUTION OF THE SUCCESSOR AGENCY TO THE
REDEVELOPMENT AGENCY OF THE CITY OF CHULA
VISTA ADOPTING THE OPERATING BUDGETS FOR THE
SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY
FOR FISCAL YEAR 20 24-25 AND APPROPRIATING FUNDS
FOR THE FISCAL YEAR ENDING JUNE 30, 2025
WHEREAS, the Successor Agency to the Redevelopment Agency of the City of Chula Vista received and considered the City Manager’s proposed budgets, including the Successor Agency’s budget, for the City of Chula Vista for the fiscal year ending June 30, 2025; and
WHEREAS, the City Council of the City of Chula Vista received and considered the City Manager’s proposed operating and capital improvement budget for the City of Chula Vista for the fiscal year ending June 30, 2025; and
WHEREAS, on April 25, 2024, the Measure P Citizens’ Oversight Committee (COC) affirmed that the proposed budget for Measure P was in compliance with the City’s approved Infrastructure, Facilities and Equipment Expenditure Plan; and
WHEREAS, on April 22, 202 4, the Measure A Citizens’ Oversight Committee (COC) affirmed that the proposed budget for Measure A was in compliance with the City’s approved Intended Public Safety Expenditure Plan; and
WHEREAS, the City Manager’s Proposed Budget for fiscal year 2024-25 was presented at the May 7, 2024 City Council meeting; and
WHEREAS, at the May 7, 2024 City Council meeting, the City Council accepted the City Manager’s proposed operating and capital improvem ent budgets for fiscal year 2024-25 as their proposed budgets, respectively, and set May 21, 2024 as the date for the adoption of the fiscal year 2024-25 budget; and
WHEREAS, the Successor Agency’s budget submitted for formal adoption and appropriation represent s the Successor Agency’s final proposed budget, as accepted on May 7, 2024 by the City Council; and
WHEREAS, a copy of the Successor Agency’s budget is on file in the Office of the City Clerk; and
WHEREAS, a public hearing on the City’s proposed budget, including the Successor Agency’s budget, was noticed and held as required by the City Charter, and all public testimony was received and considered.
Resolution No. _________
NOW, THEREFORE, BE IT RESOLVED by the Successor Agency to the Redevelopment Agency of the City of Chula Vista that it adopts the fiscal year 2024-25 Budget for the Successor Agency to the Redevelopment Agency, as presented and on file in the Office of the City Clerk.
BE IT FURTHER RESOLVED by the Successor Agency to the Redevelopment Agency of the City of Chula Vista that it approves the appropriation of funds for the fiscal year ending June 30, 202 5 as described in the Proposed Expenditures by Department/Category report , as presented and on file with the City Clerk’s Office.
Presented by Approved as to form by
Sarah Schoen Marco A. Verdugo
Director of Finance/Treasurer City Attorney