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MINUTE ORDER <br />JOINT CITY COUNCIL / SUCCESSOR AGENCY BOARD <br />PUBLIC FINANCING AUTHORITY MEETING <br />February 24, 2020 <br />MO. 20-030 <br />CITY CLERK DEPARTMENT <br />Redwood City <br />Date: February 28, 2020 <br />Attention: City Attorney <br />Assistant City Manager and Administrative Services Director <br />"hard copy available upon request" <br />SUBJECT: FY 2019-20 Mid -year budget update and proposed process for <br />development of the FY 2020-21 budget <br />AGENDA STAFF REPORT ITEM: 8.A. (501) <br />Meeting of the Joint City Council/Successor Agency Board/Public Financing Authority <br />Meeting on February 24, 2020. <br />Present: Councilmembers Aguirre, Bain, Borgens, Hale, Masur, Reddy and Mayor <br />Howard <br />M/S Borgens/Aguirre to accept an update on the FY 2019-20 budget and provide direction <br />on the recommended approach for development of the FY 2020-21 budget; approve staff <br />position reclassifications; establish June 22, 2020 as the date on which the City Manager <br />shall submit a proposed budget to the City Council; and approve the dates for City Council <br />action on the FY 2020-21. <br />Motio asses 7-0 by electronic vote. <br />Pamela Aguilar, CMC <br />City Clerk <br />