Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
San Diego council approves ROPS 26‑27, requests roughly $37 million to meet successor‑agency obligations
Summary
The City Council approved the recognized‑obligation payment schedule (ROPS 26‑27) for July 2026–June 2027, requesting approximately $37,000,000 (mostly redevelopment property tax trust funds) to cover bond debt service, CDBG obligations and admin costs; staff will submit ROPS to oversight bodies for state review.
City staff presented the twentieth Recognized Obligation Payment Schedule (ROPS 26‑27) to the council on Jan. 13 and requested authorization to pursue roughly $37 million in funding to meet successor‑agency obligations through June 2027.
"In ROPS 26‑27, we are requesting funding of approximately 37,000,000 with a majority of funding from the redevelopment property trust fund," Leonardo Alarcon, successor agency coordinator in the Economic Development Department, told the council. He said roughly…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
