Housing and Redevelopment Authority (HRA) Initial Levy for Fiscal Year 2027

Dissent: EDA Member Lat and an unnamed EDA Member voted against Resolution 2026-00005. There was no dissent on the motion for a public hearing.

Moved by EDA Member John Baptist [Timestamp] · Seconded by EDA Member Scott [Timestamp]

Brenda explained the difference between EDA and HRA levies, emphasizing that the HRA levy targets low-to-moderate income housing development. The proposed 2027 HRA levy of $196,000 aims to cover staff time for affordable housing projects, which is not funded by LAA dollars. This increase aligns with the city's 10-year financial management plan to boost funding for HRA activities, ensuring transparency by appearing as a separate line item on property tax statements. A preliminary budget detailed $43,300 for staff salaries and $25,000 for professional services for affordable housing review. The board decided to hold a public hearing for the final levy consideration.

Call Public Hearing for Final Levy Consideration

Dissent: None

Moved by EDA Vice President Olsen [Timestamp] · Seconded by EDA Member Scott [Timestamp]

Following the approval of the initial HRA levy, a motion was made to formally schedule a public hearing. This hearing will allow for public input and the final consideration of the levy amount by the board on December 1, 2026.