SAW:KWF:JMD
5/21/2026
T-23776.002 \ 2306472_2 1
Council Agenda: 06-02-2026
Item No.: 9.1(a)
DRAFT – Contact the Office of the City Clerk at (408) 535-1260 or [email protected] for final document.
SUCCESSOR AGENCY
RESOLUTION NO. ______________
A RESOLUTION OF THE S UCCESSOR AGENCY TO THE
REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE
APPROVING THE ADMINISTRATIVE BUDGET FOR JULY
1, 2026, THROUGH JUNE 30, 2027
WHEREAS, Redevelopment Dissolution Law requires that the Successor Agency to the Redevelopment Agency of the City of San José (“Successor Agency”) prepare an administrative budget for Countywide Oversight Board (“County Board”) approval, which includes Successor Agency personnel costs and City of San José (“City”) support services; and
WHEREAS, the Successor Agency’s proposed Administrative Budget for the period of July 1, 2026, through June 30, 2027, reflects estimated expenditures of $161,883, a
16.0% decrease from the approved Administrative Budget for FY 2025-26; and
WHEREAS, this decrease in expenditures is the result of an decrease in personnel costs and staffing levels to support the work of the Successor Agency; and
WHEREAS, the source of funding for the Administrative Budget will be the Redevelopment Property Tax Trust Fund (“RPTTF”), formerly tax increment dollars. The administrative activities performed by City staff on behalf of the Successor Agency will be reimbursed from RPTTF funds;
SAW:KWF:JMD
5/21/2026
T-23776.002 \ 2306472_2 2
Council Agenda: 06-02-2026
Item No.: 9.1(a)
DRAFT – Contact the Office of the City Clerk at (408) 535-1260 or [email protected] for final document.
NOW, THEREFORE, BE IT RESOLVED BY THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF SAN JOSE that:
The Administrative Budget of the Successor Agency for the period July 1, 2026 through June 30, 2027, attached hereto, which sets forth Successor Agency operating costs and City support services, is hereby approved.
ADOPTED this _____ day of ___________, 2026, by the following vote:
AYES:
NOES:
ABSENT:
DISQUALIFIED:
MATT MAHAN
Chairperson
ATTEST:
TONI J. TABER, MMC
Secretar
y
SAW:KWF:JMD
5/21/2026
T-23776.002 \ 2306472_2 A-1
Council Agenda: 06-02-2026
Item No.: 9.1(a)
DRAFT – Contact the Office of the City Clerk at (408) 535-1260 or [email protected] for final document.
ATTACHMENT A
ADMINISTRATIVE BUDGET 2026-2027
Successor Agency Administrative Budget
ROPS 26-27
July 2026-June 2027
ATTACHMENT A-1
SAW:KWF:JMD
5/21/2026
T-23776.002 \ 2306472_2 A-2
Council Agenda: 06-02-2026
Item No.: 9.1(a)
DRAFT – Contact the Office of the City Clerk at (408) 535-1260 or [email protected] for final document.
Successor Agency Personnel Costs – Administrative Budget ROPS 26-27
July 2026-June 2027
ATTACHMENT A-2