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OCII presents ROPS 24–25 plan and begins SB 593 replacement-housing implementation planning
Summary
OCII presented its Recognized Obligations Payment Schedule for fiscal 2024–25 (roughly $693.4M requested across bonds, reserves, other funds and RPTCF), outlined major funding allocations for affordable housing and parks, and introduced SB 593 planning for replacement-housing bonds.
OCII staff presented a workshop on the Recognized Obligations Payment Schedule (ROPS) for July 1, 2024–June 30, 2025, requesting roughly $693.4 million to support affordable housing loans, park and infrastructure projects, debt service and operating costs.
Senior budget manager Mina Yu and housing program manager Elizabeth Colomillo walked commissioners through budget sources and principal uses. The request emphasizes continued…
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