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HomeMy WebLinkAboutSuccessor Agency - 2025-02 RESOLUTION NO. 2025-02 A RESOLUTION OF THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF HUNTINGTON BEACH APPROVING THE SUCCESSOR AGENCY ADMINISTRATIVE BUDGET FOR THE PERIOD JULY 1, 2025 THROUGH JUNE 30, 2026 WHEREAS, California Health and Safety Code section 34177(j) requires that the Successor Agency to the Redevelopment Agency of the City of Huntington Beach ("Successor Agency")prepare an administrative budget for each annual fiscal period; and A draft administrative budget for the fiscal period of July 1, 2025 through June 30, 2026 ("Administrative Budget") is attached hereto as Exhibit A; and California Health and Safety Code section 34177(k) requires the Successor Agency to provide to the County Auditor-Controller administrative cost estimates for expenses from the administrative budget that are to be paid from property tax revenues deposited in the Redevelopment Property Tax Trust Fund for each annual fiscal period; and All of the prerequisites with respect to the approval of this Resolution have been met. NOW, THEREFORE,the Successor Agency to the Redevelopment Agency of the City of Huntington Beach does hereby resolve as follows: 1. The Successor Agency hereby finds and determines that the foregoing recitals are true and correct. 2. The Administrative Budget attached hereto as Exhibit A is hereby approved. 3. The Successor Agency staff is directed to: (i) provide the required cost estimates for expenses to the County Auditor-Controller; and (ii) to do any and all things and to execute and deliver any and all documents which may be necessary or advisable in order to effectuate the purposes of this Resolution. 4. The Successor Agency does not intend, by adoption of this Resolution, to waive any constitutional, legal and/or equitable rights of the Successor Agency or the City of Huntington Beach under law and/or in equity by virtue of the adoption of this Resolution and actions approved and taken pursuant to this Resolution and, therefore, reserves all such rights of the Successor Agency and the City of Huntington Beach under law and/or in equity. 24-15770/364202 1 RESOLUTION NO. 2025-02 PASSED AND ADOPTED by the Successor Agency to the Redevelopment Agency of the City of Huntington Beach at a regular meeting thereof held on the disfday of January, 2025. 0/„Zi‘-15114---.... Chairperson REVIEWED AND APPROVED: / (xecutive DictI-e APPROVED TO FORM: 00 eneral Legal Counsel 24-15770/364202 2 RESOLUTION NO. 2025-02 EXHIBIT A ADMINISTRATIVE BUDGET FOR THE PERIOD JULY 1, 2025 THROUGH JUNE 30, 2026 [behind this page] 24-15770/364202 3 Reso No..2025-02 Exhibit"A" - - City of Huntington Beach - • FY 2025126 ; : - Administrative Allowance Budget- _ - - . . . . . . . . . . . . . . . . . . . . . . . . . . FiscatYear. - . . %of Time- . . .. .. • - • - - • - - '.2025/2026 ' _ - ' - Successor- ' -SA Spent an SA . . Costs : Hourly Rate Anencv Hours Administration Issues Direct Personnel Costs • Department -: ' - : - ' 'City Manager/Executive Director 'City Manager. • $ 465,114-$- 223.61 ,'_` 21 $.'-, 4,651 _ . 1.00% Assistant City Manager City Mana•ger, •428,777 - 206.14 -, 21. , 4,268 - 1.00% - City Council/Successor Council/ScAgency Board Members .: City Council .-94,760 45.56 . 4 • 190, 0.20% City Clerk/Board Clerk •. ' . •. •. ' City Clerk . •.' 228,099 .' -.109,66 ,4 456 0.20% Assistant City Clerk • • City Clerk - ' 147,828- 71.07 - 4 _ 298 0.20% • City Attorney . ' ' •' City Attorney. •- 453,999' - 218,27 ' '20 4,365 0.96% Chief Assistant City Attorney City Attorney .326,838* 157.13. 20 3,143 0.96% . .City Treasurer ' .• . . . :' . . . . . : . .' . . . Finance. . . : . . . .. : . .-184,574 '. :88.88- - - . 36 ... .3,200,. -; 1.73% . . . Chief Financial Officer' • • . Finance • _ 322,9,21 155.25 125 * 19,375' 6.00% •Assistant Chief Financial Officer; Finance• 266,565 129.60 30 3,888, '' 1.44% Finance Manager Treasury . • Finance;, 1,89,009•; 90.87 60 _ '5,452 - 2,88% Finance Manager Accounting' • 'Finance • • 213,823, . 102.80 '120 12,336 5.77% • Principal Finance Analyst Finance • - 184,609 88.75' 144 12,781 6,92% 'Senior Accountant ' : ' '• ' . : ' ' ' ' : Finance: ' ' ' :' • • 143,882 • 69,17' : 120 :' ' '8,301. 5.77%- . Accounting Technician • • Finance • 91,382 43.93- '. 21 914 1.00% Payroll Specialist • . . • . . ; • Finance: - • - ' 125,774. ; 60.47 . 120 : 7,256, .5.77% Community Development Director Community Development 189,152' . 90.94 104" • 9,458. ' 5.00% Deputy Director of Community Development• . Community Development, 274,559• . 132.00 . 146 . 19,219 7.00% Economic Development Project Manager , , Economic Development_ 174,184 83.74, , 120 '. 10,049 5.77% , , -Total Direct Personnel Costs - 129,617 Indirect Costs(applied at.5%of total cost) : ' I - ' ' . ' ' • . ' :General.Liability•Insurance. • ' . ' . ' . ' ' . 14,558,195 ' . ' . ' 72,791' Workers Compensation Insurance 11,868,717 • ' ',•59,344 ' • Facilities Maintenance and Utilities' • • •' • • - • • - •' 10,052;709 • - 50,264 - Computer Maintenance 4,230,465 . 21,152 'General and Office Supplies 3,315,760 : , : 16,579. ' Legal.-City Attorney • 4;252,769 .' 21,264 Sidman Resources • ' 2;864,232. . '• 14,321 Information Services • 8,450,864 27,122 • • Total Indirect Cost 282,837: , Total Successor Agency Admin Allowance Cost , $ 412,453 ' Total Successor Agency'FY 2024125 Proposed Admin Budget '' $' 260,000'• Successor Agency Res. No. 2025-02 STATE.OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, LISA LANE BARNES the Clerk of the Successor Agency to the former City of Huntington Beach Redevelopment Agency, Huntington Beach, California, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by The Successor Agency to the Redevelopment Agency of the City of Huntington Beach at a special meeting held on January 21,2025 and that is was so adopted by the following.vote: AYES: Board Members: Twining,Kennedy, Burns, Van Der Mark, McKeon, Williams NOES: Board Members: None ABSENT: Board Members: Strickland ABSTAIN: •Board Members: None • rn �G, r: ;r Clerk of The Successor Agency to the Redevelopment Agency of the City of Huntington Beach, California