HomeMy WebLinkAboutPublic Financing Authority - 23 RESOLUTION NO. 23
A RESOLUTION OF THE PUBLIC FINANCING AUTHORITY OF THE CITY OF
HUNTINGTON BEACH CHANGING THE FISCAL YEAR FOR THE CITY
The Public Financing Authority ("Authority") of the City of Huntington Beach now
convenes for the purpose of passing Resolution No. 2017-70, changing the fiscal year for the
Authority.
WHEREAS, the Authority will have better knowledge of state actions that affect the
Authority and city revenue during budget planning by adopting a later fiscal year and the City
Council has changed the fiscal year of the City by Ordinance No. 4143,
NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby
resolve as follows:
1. There shall be a one-time nine-month fiscal year from October 1, 2017, and ending
on June 30, 2018.
2. A normal 12-month fiscal year will begin on July 1, 2018, and end on June 30,
2019.
3. Continuing thereafter, the Authority's fiscal year will begin on July I", and end on
June 30tn
PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a
regular meeting thereof held on the 181n day of December, 2017.
i
Mayor
REVIEWED AND APPROVED: APPROVED AS TO RM:
I
6AY M4hager ity Attorney #.w
IATED AND;AP y
ROVED:
Chief Financial Officer
17-6150/170222/M V
Res. No. 23
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
CITY OF HUNTINGTON BEACH )
I, ROBIN ESTANISLAU, the duly appointed, qualified Secretary
of the Huntington Beach Public Financing Authority, do hereby certify that the
whole number of members of the Board of Directors of the Huntington Beach
Public Financing Authority is seven; that the foregoing resolution was passed and
adopted by the affirmative vote of at least a majority of all the members of said
Board at a Regular meeting thereof held on December 18, 2017 and that it was
so adopted by the following vote:
AYES: Directors: O'Connell, Semeta, Peterson, Posey, Delgleize, Hardy, Brenden
NOES: Directors: None
ABSENT: Directors: None
ABSTAIN: Directors: None
Secretary of the Board of Directors
of the Huntington Beach Public
Financing Authority