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Public Hearing on Proposed FY 2024-25 City of Hercules Annual Budget Plan including the First Year of the Ten-Year 2025-2034 Capital Improvement Plan (CIP) Budget RECOMMENDATION: Open the Continued Public Hearing, receive a Staff Report, Take Public Testimony, Close the Public Hearing, and Adopt the following resolutions (Attachments 1-3): 1. Approving the FY 2024-25 City of Hercules Budget Plan which includes the First Year (2024-25 Fiscal Year) of the Ten-Year (2025-2034 Fiscal Years) Capital Improvement Plan (CIP) Budget and making certain designations and fund balance adjustments, approving annual contracts for services in a total amount of $4,618,056. 2. Approving the FY 2024-25 Hercules Public Financing Authority Budget Plan Consisting of Debt Service in the amount of $2,023,238. 3. Establishing the Appropriations Limit for the FY 2024-25 in accordance with Proposition 111 and Article XIII B.

Public Hearing Passed Introduced June 4, 2024

What this record is

Amount
$4.62M
Runs until
no end date published in this record
Type
contract

Read automatically from the title of the official record. The source document below is authoritative.

Committee
City Council
Introduced
June 4, 2024
On agenda
June 11, 2024
Passed
June 11, 2024

Where it was heard

City Council Jun 11, 2024 adopt Pass City Council Jun 11, 2024 adopt Pass City Council Jun 11, 2024 adopt Pass