Cities Index.
5. CC_06232026_Resolution (Pension Rate Stabilization)

Glendale City Council
June 23, 2026

Document
5. CC_06232026_Resolution (Pension Rate Stabilization)
Meeting
June 23, 2026
Body
Glendale City Council
Original file
35 KB
Text extracted from the city's file for reading and search. Open the original on glendaleca.primegov.com. That file is the official record.

RESOLUTION
NO.
_________

RESOLUTION
OF
THE

COUNCIL
OF
THE
CITY
OF

GLENDALE
MAKING
AN

APPROPRIATION
BE
IT

RESOLVED
BY
THE

COUNCIL
OF
THE
CITY
OF
GLENDALE:

SECTION
1:

That
the
sum
of
$60,000,000
is
hereby
appropriated
and/or
transferred
from
the
following
accounts
to
the
following
accounts:

Accounts‘
Description
From
To
25300-1080-000
Undesignated
Fund
Balance,
Section
$60,000,000
115
Trust
Fund
101
15-1080-000
Cash
Restricted—
Section
115
Trust,
$60,000,000
Section
115
Trust
Fund
FY
2026-27
Resolution
to
appropriate
$60,000,000
for
the
Pension
Rate
Stabilization
Program
IRC
Section
115
Trust.

SECTION
2:

The
Director
of
Finance
is
authorized
to
make
such
other
revisions,
individual
appropriation
line-items,
changes
in
summaries,
fund
totals,
grand
totals,
and
other
portions
of
the
budget
document
as
necessary
to
reflect
and
implement
the
changes
specified
in
this
resolutionSECTION
3:

The
City
Clerk
shall
certify
to
the
adoption
of
this
Resolution.

Adoptedthis
________
day
of
________________,
2026.

Mayor
ATTEST:

CITY
OF

GLENDALE
DATE
6/15/2026
1$’P

APPROVED
AS
TO

FINANCIAL
City
Clerk

PROVISION
FOR
$
60,000,000
-
—
_—--Th
STATE
OF

CALIFORNIA)
Director
of
Fhiance
COUNTY
OF
LOS

ANGELES)
SS
CITY
OF

GLENDALE)
I,Suzie
Abajian,
City
Clerk
of
the
City
of
Glendale,
do
hereby
certify
that
the
foregoing
Resolution
No._________
was
adopted
by
the
Council
of
the
City
of
Glendale,
California,
at
aregular
meeting
held
on
the__________
day
of
________________
2026,
and
that
the
same
was
adopted
by
the
following
vote:

Ayes:Noes:Absent:Abstain:

City
Clerk

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