DATE: June 4, 2024
TO: Mayor and City Council
Redevelopment Successor Agency Board of Directors
Housing Authority Board of Directors
FROM: Director of Finance
SUBJECT
FY 2025 Budget/CIP Public Hearing and Adoption: Public Hearing for the Proposed FY 2025 Operating Budgets for the City of Hayward, Hayward Redevelopment Successor Agency, and Hayward Housing Authority; FY 2025 Capital Improvement Program Budget; Adoption of the FY 2025 Operating Budgets and Appropriations for FY 2025; Adoption of the FY 2025 Capital Improvement Program Budget and Appropriations for FY 2025; Adoption of the Hayward Redevelopment Successor Agency Budget; and Adoption of the Hayward Housing Authority Budget
RECOMMENDATION
That the Council: considers the Proposed FY 2025 Operating Budgets of the City, Redevelopment Successor Agency, Housing Authority and Capital Improvement Program (CIP); conducts a Public Hearing on each; and adopts each of the above-mentioned documents should there be no further action needed based on public testimony or at Council’s request.
SUMMARY
The Council will conduct a public hearing for the adoption of the Proposed FY 2025 Operating Budgets and FY 2025 Capital Improvement Program Budget. Should there be no needed actions following public testimony or Council direction, Council will consider adoption of the FY 2025 Operating Budgets, and FY 2025 Capital Improvement Program Budget.
ATTACHMENTS
Attachment I Staff Report
Attachment II FY 2025 Operating Budget Resolution
Attachment III FY 2025 Exhibits A & B to FY 2025 Operating Budget Resolution
Attachment IV FY 2025 Budget Redevelopment Agency Successor Resolution
Attachment V FY 2025 Budget Housing Authority Resolution
Attachment VI FY 2025 Capital Improvement Projects Budget Resolution
Attachment VII FY 2025 Budget Community Agency Funding Resolution
Attachment VIII Exhibits A & B to Community Agency Funding Recommendation
Attachment IX General Fund Long Range Financial Model Update