Huntington Beach officials will consider adoption of the city budget on Monday for the 2020-21 fiscal year, which addresses current fiscal challenges arising from the COVID-19 pandemic and begins in July. A revised presentation was subsequently presented to the council on June 15 and continued to Monday’s meeting. The current proposed budget sits at $359 million including a general fund balance of $216.9 million, according to a staff report prepared for Monday’s meeting. Up for discussion is whether to authorize the implementation of the CalPERS early retirement program for eligible candidates and/or implementation of a self-designed retirement plan to reduce current city staff by about 5%. Once a caller has entered the meeting, the caller will be put in a holding queue to speak in order.

Source: Los Angeles Times June 27, 2020 00:45 UTC