Report Prepared by: Stephanie R. Dietz, City Manager
Title
SUBJECT: Continued Public Hearing to Allow Interested Persons to be Heard Regarding the City Council, Public Financing and Economic Development Authority, and Parking Authority Fiscal Year 2021-22 Budget, Adoption of the Budget with Revision(s), if any, and Appropriation of the Revenue and Approval of the Capital Projects for Each Respective Budget
REPORT IN BRIEF
Continued Public Hearing and adoption of the Fiscal Year 2021-22 City Council, Public Financing and Economic Development Authority, and Parking Authority Budget.
RECOMMENDATION
City Council - Adopt a motion:
A. Adopting Resolution 2021-54, Resolution of the City Council of the City of Merced, California, Adopting the Budget and Appropriating Revenue for Fiscal Year 2021-2022; and,
B. Approving capital projects based upon the Planning Commission's June 9, 2021 finding of consistency of Capital Improvement Program with the General Plan and as modified by recalculation of carryover projects to reflect actual balances as of June 30, 2021; and,
C. Approving a transfer in Fiscal Year 2020-21 not to exceed $159,000 from Fund 085-Measure Y Parks and Recreation 20% unreserved, unencumbered fund balance to Fund 024-Parks and Community Services to mitigate estimated year-end cash short fall.
Public Financing and Economic Development Authority - Adopt a motion:
A. Adopting Resolution PFA 2021-01, Resolution of the City of Merced Public Financing and Economic Development Authority, Adopting the Budget and Appropriating Revenue for Fiscal Year 2021-2022; and,
B. Approving capital projects based upon the Planning Commission's June 9, 2021 finding of consistency of Capital Improvement Program with the General Plan and as modified by recalculation of carryover projects to reflect actual balances as of June 30, 2021.
Parking Authority - Adopt a motion:
A. Adopting Resolution PA 2021-01, Resolution of the City of Merced Parking Authority, Adopti...
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