City Council - Successor Agency - Housing Authority 4/21/2026

Fullerton City Council · April 21, 2026

0:00/3:21

3:21:09

0:00

40:00

1:20:00

2:00:00

2:40:00

3:20:00

Consultant presents three-task proposal to analyze budget and recommend next steps

Presentation

0:00 → 2:23(2m 24s)

A consulting firm (speaker 1, identified in the transcript as the presenter) outlined a three-task approach: Task 1, an immediate budget risk analysis and transaction interrogation ($100,000 fixed fee); Task 2, a budget optimization and economic opportunity analysis ($130,000); and a contingent Task 3, a forensic/fraud investigation if Task 1 uncovers indicators of fraud (forensics could cost hundreds of thousands up to about $1,000,000). The presenter emphasized there is currently no evidence of fraud and recommended starting with Tasks 1 and 2 and only escalating to Task 3 if necessary.

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Fullerton City Council received a consultant27s proposal for a two-phase budget analysis with a possible forensics follow-up amid questions about budget shortfalls; the council heard dozens of public commenters on procurement, municipal code recodification and other items; council adopted a municipal-code recodification ordinance and a local ordinance restricting certain kratom products, and staff presented vacancy and street-repair funding updates.

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No transcript available.