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Measure BP fund balance reported at $8.89 million; committee approves Nov. 12 minutes 6-0; St. John's disqualified from grant round
Summary
City staff reported Measure BP receipts and commitments and said grant-award letters were pending; staff said St. John's was disqualified because a constitutional provision forbids public funds for a parochial school; the committee approved a prior meeting's minutes in a 6-0 vote.
City staff told the Baldwin Park Stakeholders Oversight Committee on Feb. 11 that Measure BP sales-tax receipts and interest bring projected revenue to about $12,878,000 since the measure's inception, with roughly $3.99 million committed to 11 projects and a projected fund balance of about $8,890,000 as of Jan. 31, 2025.
A staff presenter said the fund had received roughly $12 million through the end of 2024, with $583,298 received in January 2025 and about $122,000 of interest in the 2024 quarter. The…
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