TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Javier Carcamo, Director of Finance
PREPARED BY: RN Mendoza, Financial Analyst
SUBJECT Consideration of the Fiscal Year 2023/24 Capital Improvement Plan
budget and approving the Capital Improvement Plan for Fiscal Years
2023/24 to 2027/28
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RECOMMENDATION
recommendation
Conduct a public hearing; and
Adopt Joint Resolution No. 23-4699 et al. entitled: A Joint Resolution of the City Council of
the City of Murrieta and the Boards of Directors of the Murrieta Library District, Murrieta Community Services District, Murrieta Fire District, and the Successor Agency for the
Murrieta Redevelopment Agency, Approving the Capital Improvement Plan Budget for Fiscal
Year 2023/24; Approving the Fiscal Years 2023/24 to 2027/28 Capital Improvement Plan;
Authorizing the Operating Transfers for Various Funds; and Authorizing the Use of
Unassigned Fund Balances, Committed Fund Balances and the Use of Various Operating
and Sustainability Reserves.
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PRIOR ACTION/VOTE
On May 2, 2023, the City Council received a presentation and report from City staff on the Proposed Capital Improvement Plan and Budget for FY 2023/24 through FY 2027/28 (Non-Action Item).
On May 10, 2023, the Planning Commission discussed proposed additions to the Capital Improvement Plan in conformance with the General Plan (Non-Action Item).
On June 14, 2023, the Planning Commission adopted Resolution No. 23-XXX, finding the project additions to the Capital Improvement Plan in conformance with the General Plan (Vote: 5-0)1.
CITY COUNCIL GOAL
Maintain a high performing organization that values fiscal sustainability, transparency, accountability and organizational efficiency.
BACKGROUND
One of the primary responsibilities of local government is the creation and preservation of a community's physical infrastructure. The City of Murrieta's (City) infrast...
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