Agenda

Back to Calendar Return

Agenda Item 23.

City Council Meeting

Meeting Date:	06/19/2018
FROM:	Bill Gallardo

Subject:

Public Hearing to Consider Adoption of 2018-19 Operating Budget for the Midbury Assessment Authority Commission

RECOMMENDATION

Adopt the attached Resolution appropriating funds for the Midbury Assessment Authority Commission 2018-19 Operating Budget, as presented in the 2018-19 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 2018-19 Operating Budget total $6,580.

RESPECTFULLY SUBMITTED

William Gallardo, City Manager
Prepared by: Lee Squire, Financial Services Manager
Concurrence: Cindy Russell, Administrative Services Director

Attachments
Resolution