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HomeMy WebLinkAboutReso 2024-095RESOLUTION NO. 2024-095 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ADOPTING THE OPERATING BUDGET FOR COMMUNITY FACILITIES DISTRICT 13-M AND COMMUNITY FACILITIES DISTRICT 97-2 FOR FISCAL YEAR 2024-25 AND APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2025 WHEREAS, the City Council of the City of Chula Vista received and considered the City Manager’s proposed operating and capital improvement budget for the City of Chula Vista for the Fiscal Year ending June 30, 2025; and WHEREAS, on April 25, 2024, the Measure P Citizens’ Oversight Committee (COC) affirmed that the proposed budget for Measure P was in compliance with the City’s approved Infrastructure, Facilities, and Equipment Expenditure Plan; and WHEREAS, on April 22, 2024, the Measure A Citizens’ Oversight Committee (COC) affirmed that the proposed budget for Measure A was in compliance with the City’s approved Intended Public Safety Expenditure Plan; and WHEREAS, the City Manager’s Proposed Budget for Fiscal Year 2024-25 was presented at the May 7, 2024 City Council meeting; and WHEREAS, at the May 7, 2024, City Council meeting, the City Council accepted the City Manager’s proposed operating and capital improvement budgets for Fiscal Year 2024-25 as its proposed budget and set May 21, 2024, as the date for the adoption of the Fiscal Year 2024-25 budget; and WHEREAS, the budget submitted at this time for formal adoption and appropriation has been published for the requisite ten-day public review period and represents the City Council’s final proposed budget for Fiscal Year 2024-25, as accepted on May 7, 2024; and WHEREAS, a copy of the proposed budget document is on file in the Office of the City Clerk; and WHEREAS, a public hearing on the budget was noticed and held as required by the City Charter, and all public testimony was received and considered. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it adopts the operating budget for Community Facilities District 13-M (Fund 344) and Community Facilities District 97-2 (Fund 386) for the Fiscal Year ending June 30, 2025, and appropriates funds for Fiscal Year 2024-25 as summarized in the following table: FUND SUPPLIES & SERVICES UTILITIES OTHER EXPENSES TOTAL FY 2025 REVENUE 344 CFD 13-M Otay Ranch Village 2 1,604,979 627,573 215,648 2,448,200 2,409,842 386 CFD 97-2 Otay Ranch Preserve 710,481 - 93,906 804,387 922,011 DocuSign Envelope ID: B0B37183-0825-4F21-9499-C79C56ECE1E1 Resolution No. 2024-095 Page No. 2 Presented by Approved as to form by Sarah Schoen Marco A. Verdugo Director of Finance/Treasurer City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 21st day of May 2024 by the following vote: AYES: Councilmembers: Chavez, Morineau, Preciado, and McCann NAYS: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: Gonzalez John McCann, Mayor ATTEST: Kerry K. Bigelow, MMC, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2024-095 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 21st day of May 2024. Executed this 21st day of May 2024. Kerry K. Bigelow, MMC, City Clerk DocuSign Envelope ID: B0B37183-0825-4F21-9499-C79C56ECE1E1