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Madera council adopts ROPS, authorizes city manager to seek county oversight board approval
Summary
The Madera City Council, acting as successor agency, unanimously adopted the Redevelopment Obligation Payment Schedule (ROPS) and an administrative budget for 07/01/2026–06/30/2027, asking the State to allocate roughly $3.4 million for bond payments plus about $25,000 in admin fees.
The Madera City Council, sitting as the successor agency to the former Madera Redevelopment Agency, voted unanimously on Jan. 14 to adopt the Redevelopment Obligation Payment Schedule (ROPS) and the administrative budget for the 2026–27 fiscal year and authorized the city manager to present the ROPS to the countywide oversight board.
Finance Director Mike Lima told the council the ROPS is the State Department of Finance's mechanism for approving property-tax…
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