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  Agenda Item   22.    
City Council Meeting
Meeting Date: 06/06/2017  
FROM: City Manager
Subject:

Public Hearing to Consider Adoption of  2017-18 Operating Budget for the Midbury Assessment Authority Commission
RECOMMENDATION
Adopt the attached Resolution appropriating funds for the Midbury Assessment Authority Commission 2017-18 Operating Budget, as presented in the 2017-18 Proposed Budget document.
BACKGROUND/DISCUSSION
The City of Brea, Los Angeles County and Orange County entered into a Joint Exercise of Powers Agreement on May 18, 1999, to form the Midbury Assessment Authority (MAA) Commission to provide a means for each party to the agreement to contribute money to a street improvement project, to form an assessment district and to levy an assessment to finance the balance of the cost of the project. MAA was formed as a separate public entity.
SUMMARY/FISCAL IMPACT
Expenditures which make up the Fiscal Year 2017-18 Operating Budget total $6,580.
RESPECTFULLY SUBMITTED
Bill Gallardo, City Manager
Prepared by: Lee Squire, Financial Services Manager
Concurrence: Cindy Russell, Administrative Services Director
Attachments
Resolution 2017-044

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