Title
Adoption of Fiscal Year 2024-25 Budgets, Fee Modifications, and Funding for Fiscal Year 2024-25 Capital Improvement Projects
Recommended Action
Convene a public hearing, accept public comment, and take the following actions necessary for the City of Mountain View, the Shoreline Regional Park Community, and the Mountain View Capital Improvement Financing Authority to adopt the Fiscal Year 2024-25 budgets, fee modifications, and funding for the adopted Fiscal Year 2024-25 Capital Improvement Projects.
City of Mountain View Actions:
1. Adopt a Resolution of the City Council of the City of Mountain View Appropriating One Million Seven Hundred Fifty Thousand Dollars ($1,750,000) for Capital Improvement Project 24-38, Underground Utilities at 1020 Terra Bella, and Authorizing the Finance and Administrative Services Director to Make Adjustments and Corrections to Capital Improvement Program Amounts and Determine Final Capital Improvement Program Amounts Based on Council Direction, to be read in title only, further reading waived (Attachment 1 to the Council report).
2. Adopt a Resolution of the City Council of the City of Mountain View: (1) Adopting the Fiscal Year 2024-25 City Budget; (2) Appropriating Funds to Cover Expenditures Approved by Said Budget; (3) Establishing Public Benefit Amounts for the El Camino Real Precise Plan and San Antonio Precise Plan; (4) Establishing Community Benefits Values for the East Whisman Precise Plan; (5) Authorizing the City Manager to Execute Funding Agreements Consistent with Nonprofit Funding Appropriations in the Adopted Budget; and (6) Authorizing the Finance and Administrative Services Director to Adjust Appropriations in Various Funds as Needed to Align with Actual Revenue Earned and Received as Specifically Set Forth Herein, Make Final Adjustments to the Community Stabilization and Fair Rent Act and Mobile Home Rent Stabilization Ordinance Budgets and Fees, Adjust Appropriations Related to the Graham Middle School Site Based on Billed Invoices, and Determine Final Budget Amounts Based on Council Direction, to be read in title only, further reading waived (Attachment 2 to the Council report).
3. Adopt a Resolution of the City Council of the City of Mountain View Amending the City of Mountain View Master Fee Schedule, to be read in title only, further reading waived (Attachment 3 to the Council report).
4. Commit $1,800,000 of Park Land Dedication Funds to the adopted Fiscal Year 2024-25 Capital Projects, including amendments to existing projects (Attachment 4 to the Council report).
5. Adopt a Resolution of the City Council of the City of Mountain View Amending the Regular Salary Plan for Fiscal Year 2023-24 and Regular and Hourly Salary Plans for Fiscal Year 2024-25, to be read in title only, further reading waived (Attachment 5 to the Council report).
Mountain View Shoreline Regional Park Community Actions:
6. Adopt a Resolution of the Board of Directors of the Shoreline Regional Park Community: (1) Adopting the Fiscal Year 2024-25 Shoreline Regional Park Community Budget; (2) Appropriating Funds to Cover Expenditures Approved by Said Budget; and (3) Authorizing the Treasurer to Adjust Appropriations as Needed to Make Payments in Accordance with the Tax-Sharing Agreement with Santa Clara County and the Education Enhancement Reserve Joint Powers Agreement, to Align Appropriations with Actual Revenues Earned and Received as Specifically Set Forth Herein, and Determine Final Budget Amounts Based on Board Direction (Attachment 6 to the Council report).
City of Mountain View Capital Improvements Financing Authority Action:
7. Adopt a Resolution of the City of Mountain View Capital Improvements Financing Authority (“MVCIFA”) Adopting the Fiscal Year 2024-25 Budget for Debt Service Payments, Appropriating Funds to Cover Expenditures Approved by Said Budget, and Authorizing the MVCIFA Treasurer to Make Budget Adjustments and Determine Final Budget Amounts Based on MVCIFA Board Direction, to be read in title only, further reading waived (Attachment 7 to the Council report).