Consent Calendar Item 4d
STAFF REPORT
City Council Consent Calendar Agenda Item
DATE: January 18, 2022
TO: Honorable Mayor and Council Members
FROM: Aaron Felmlee, Finance Director
THROUGH: Merritt Perry, City Manager
SUBJECT: Finance Department Monthly Report
STAFF RECOMMENDATION:
Receive report as an informational item.
EXECUTIVE SUMMARY:
Recognized Obligation Payment Schedule (ROPS):
The City of Fortuna became the Successor Agency to the Former Fortuna Redevelopment Agency after the State dissolved all Redevelopment Agencies back in 2012. As such, the City, as the Successor Agency, must submit an annual Recognized Obligation Payment Schedule (ROPS) to the State Department of Finance in order to receive funds to pay down the Former Fortuna Redevelopment Agency’s outstanding obligations.
The ROPS is due by February 1 of each year. This will be the fourth year that staff will be required to get the ROPS approved by the Humboldt County Redevelopment Oversight Board before submitting the ROPS to the State Department of Finance. Staff provided all staff reports and attachments to County Staff and tentative meeting dates have been sent out to the Oversight Board members to secure a meeting date and time for the end of January.
State Controller’s Office Annual Financial Transactions Reporting:
At the conclusion of each fiscal year each city and special district is mandated by the California Government Code to submit Financial Transaction Reports to the State Controller’s Office. These reports are due by the end of January each year. Staff are working on submitting these reports for the City of Fortuna, the Fortuna Public Financing Authority, the Rohner Recreation and Park District and the Fortuna Specialized Service Transit System. The State posts these reports from all the Special Districts, Cities, Transit Systems and Counties online. The detailed information provided in these reports are used by the State Legislature as well as the taxpayers to make comprehensive decisions.
Measure E Update:
The Measure E committee has a regularly scheduled meeting set for January 19, 2022 at 5:30pm.
The primary purpose of this meeting will be to solicit project ideas and funding input from the Consent Calendar Item 4d
public. This is a great place for the public to be heard on how they want their sales and use tax monies to be spent within the City of Fortuna. The City has historically received valuable input and project ideas, which City staff would not have been aware of, from the public during these annual public solicitation meetings.
List of Measure E items funded this month:
(2) Police Detective Positions
Community Services Officer Position
Parks and Recreation Director Position
Recreation Program Supervisor Position
Transit Trips to Eureka for Seniors
PT Code Compliance Officer Position
Code Compliance Violation Site Cleanups
Illegal Camp Coordination and Assistance
K-9 Program
Storm drain Infrastructure Vulnerability Assessment Project Storm drain Maintenance Projects
Police Facility Project
An activity log displaying important Finance data is attached for informational purposes.
RECOMMENDED COUNCIL ACTION:
Receive Finance Department Monthly Report. Consent Agenda vote.
ATTACHMENTS:
Finance Staff Activity Log for December 2021
New Business List for Quarter 4 2021