Attachment 3Attachment 3RESOLUTION NO. 2024-85
Attachment 3
Attachment 3
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF POMONA, CALIFORNIA APPROVING THE FISCAL YEAR 2024-25 TO FISCAL YEAR 2028-29 FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM AND ADOPTING A CAPITAL IMPROVEMENT PROGRAM BUDGET FOR FISCAL YEAR 2024-25 WHEREAS, on May 13, 2024, the City Council held its Fiscal Year 2024-25 Budget Study Session; WHEREAS, a notice was published on May 17, 2024 in the Inland Valley Daily Bulletin advising of a public hearing to be held on June 3, 2024, and inviting the public to provide comments and express views and objections on the City’s proposed budget for Fiscal Year 2024-25; WHEREAS, the City Manager has prepared and presented to the City Council of the City of Pomona the proposed Fiscal Year 2024-25 to Fiscal Year 2028-29 Five-Year Capital Improvement Program and a proposed Capital Improvement Program Budget in the amount of $35,339,411 for Fiscal Year 2024-2025, as set forth in Exhibit A; and WHEREAS, after conducting the public hearing on June 3, 2024, and receiving public comments and views, the City Council desires to adopt the proposed Fiscal Year 2024-25 to Fiscal Year 2028-29 Five-Year Capital Improvement Program (CIP) and the Fiscal Year 2024-25 CIP Budget, including any CIP related items approved at the concurrent HUD Annual Action Plan public hearing.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Pomona, as follows:
SECTION 1. That the City Council has considered the proposed Fiscal Year 2024-25 to Fiscal Year 2028-29 Five-Year Capital Improvement Program and Capital Improvement Program Budget for Fiscal Year 2024-25 at a duly noticed public hearing on June 3, 2024.
SECTION 2. That the proposed Fiscal Year 2024-25 to Fiscal Year 2028-29 Five-Year Capital Improvement Program is hereby approved, in substantially the form submitted, and incorporated herein by this reference, a copy of which is on file in the Office of the City Clerk.
SECTION 3. That funding for the Fiscal Year 2024-25 Capital Improvement Program (CIP) Budget, which increases revenue estimates by accepting Affordable Housing and Sustainable Communities (AHSC) Program grant funds in the amount of $565,850 and appropriates various funding sources in the amount of $35,339,411 is hereby approved, as set forth in Exhibit A, attached hereto, and will incorporate any CIP related items approved at the concurrent HUD Annual Action Plan public hearing.
SECTION 4. That for adoption there is a total net decrease in CIP appropriations of $175,000 from the Proposed Budget. The changes from the Proposed document are as follows:
New appropriation of ARP funds to the “Civic Center Plaza – New Playground and Amenities,” Project No. 428-2590-XXXXX-71063 were reduced by $350,000 (from original new appropriation of $4,113,030 to a revised appropriation amount of $3,763,030.
New CIP Project, “New Gym at City Yard,” Project No. 428-2590-XXXXX-71118 will move from Partially Funded to Fully Funded Parks and Facilities Projects and add the additional appropriations of $87,500 of Water Funds and $87,500 of Sewer Funds to the originally proposed amount of $50,000 of General Fund, bringing the new funded budget to a total of $225,000. The project is also moved from Fund 428 to Enterprise Fund 528.
Summary of the fiscal impact of the changes:
Original CIP Proposed Budget appropriations: $35,514,411 Reduction of ARP appropriation for CIP#71063 $ (350,000) Addition of Water Fund appropriation for CIP#71118 $ 87,500 Addition of Sewer Fund appropriation for CIP#71118 $ 87,500 Revised Adopted CIP Budget for FY 2024-24 $35,339,411
SECTION 5. That any concurrent/subsequent Council action prior to June 30, 2024 that has the effect of amending the approved Fiscal Year 2024-25 CIP Budget will be reflected in the final Fiscal Year 2024-25 CIP Budget documents without additional or separate Council action.
SECTION 6. That any non-substantive errors or discrepancies in the adopted Five-Year CIP Program or Fiscal Year 2024-25 CIP Program Budget, subsequent to adoption, but no later than June 30, 2024, shall be corrected administratively and incorporated into the final CIP Program and CIP Program Budget documents with no additional Council action required. Any changes, amendments or corrections to the approved Program or Program Budget after June 30, 2024, shall require approval by City Council resolution.
SECTION 7. The City Clerk shall certify to the passage and adoption of this resolution and it shall thereupon be in full force and effect.
APPROVED AND ADOPTED this 3rd day of June 2024.
ATTEST: CITY OF POMONA:
Rosalia A. Butler, City Clerk Tim Sandoval, Mayor
APPROVED AS TO FORM:
Sonia Carvalho, City Attorney
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
CITY OF POMONA
I, ROSALIA A. BUTLER, CITY CLERK of the City of Pomona do hereby certify that the foregoing Resolution was adopted at a regular meeting of the City Council of the City of Pomona held on the 3rd day of June, 2024 by the following vote AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
ABSTAIN: COUNCILMEMBERS:
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Rosalia A. Butler, City Clerk
Resolution No. 2024-85
June 3, 2024