HomeMy WebLinkAbout2026-121 - Successor Agency Multi-Year Budget for Fiscal Years 2026-27 through 2032-33 RESOLUTION NO. 2026- 121
RESOLUTION OF THE BOARD OF THE SUCCESSOR AGENCY TO THE COMMUNITY
DEVELOPMENT COMMISSION AS THE NATIONAL CITY REDEVELOPMENT AGENCY,
CALIFORNIA (NATIONAL CITY SUCCESSOR AGENCY), ADOPTING A MULTI-YEAR
BUDGET FOR FISCAL YEARS 2026-27 THROUGH 2032-33 THAT IS CONSISTENT WITH
THE SUCCESSOR AGENCY'S APPROVED LAST AND FINAL ROPS.
WHEREAS, on October 21, 2025, (Resolution No. 2025-119), the Board of the National
City Successor Agency approved the submittal of a Last and Final ROPS to the Countywide
Redevelopment Successor Agency Oversight Board; and
WHEREAS, on November 20, 2025, the Countywide Redevelopment Successor Agency
Oversight Board approved the National City Successor Agency's Last and Final ROPS and
authorized its submittal to the California State Department of Finance (DOF); and
WHEREAS, on December 19, 2025, DOF issued its "Determination Letter" approving the
National City Successor Agency's Last and Final ROPS, but with a lesser amount allowed for
administrative costs than was requested; and
WHEREAS, the National City Successor Agency's Last and Final ROPS covers the
seven-year period of fiscal years 2026-27 through 3032-33 and provides for total expenditures of
$24,701,550 over that period; and
WHEREAS, successor agencies are not required to adopt an annual budget, but staff
recommends doing so in the interest of practicality and transparency; and
WHEREAS, the National City Successor Agency's Executive Director has proposed that
the Board adopt a multi-year budget for fiscal years 2026-27 through 2032-33 that is consistent
with the authorized expenditures under the Last and Final ROPS in order to avoid administrative
costs for annual budget preparation and presentation to the Board; and
WHEREAS, said multi-year budget, presented in Exhibit B to the agenda report and
incorporated herein by reference, has been discussed and deliberated in public session.
NOW, THEREFORE, THE BOARD OF THE SUCCESSOR AGENCY TO THE
COMMUNITY DEVELOPMENT COMMISSION AS THE NATIONAL CITY REDEVELOPMENT
AGENCY, CALIFORNIA, DOES RESOLVE, DECLARE, DETERMINE, AND ORDER AS
FOLLOWS:
Section 1: That the Board of the Successor Agency hereby adopts a multi-year budget
for the Successor Agency for fiscal years 2026-27 through 2032-33 as presented in Exhibit B to
the agenda report.
Section 2: That the City Clerk shall certify the passage and adoption of this Resolution
and enter it into the book of original Resolutions.
PASSED and ADOPTED this 30th day of June, 2026.
on Morrison, Chairman
ATTEST:
q.-241A/
rShelley Ch el, MMC, City Clerk
as Secretfy to the Successor Agency
APPROVED AS TO FORM:
Heidi Skinner
Successor Agency Counsel
Passed and adopted by the Board of the Successor Agency to the Community
Development Commission as the National City Redevelopment Agency on June 30,
2026, by the following vote, to-wit:
Ayes: Yamane, Bush, Molina, Morrison
Nays: None.
Absent: Rodriguez
Abstain: None.
AUTHENTICATED BY: RON MORRISON
Chair of the Board of the Successor Agency,
City of National City, California
WAN,. SHELLEY CHAPEL
•�� Secretary of the Board of the Successor
‘'r Agency, City of National City, California
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Oz.C.gt.tF �� BY:
Shelley Ch76-I, MMC, City Clerk