City Council/SA/HA/IDA/PAA/PFA

LEGISLATIVE BODY ERIC OHLSEN, MAYOR AUSTIN BISHOP, MAYOR PRO TEM RICHARD J. LOA, COUNCILMEMBER LAURA BETTENCOURT, COUNCILMEMBER ANDREA ALARCÓN, COUNCILMEMBER The City of Palmdale offers live AI-powered translation and captions through Wordly in over 60 languages. Please scan the attached QR code or visit CityOfPalmdaleCA.Gov/JoinWordly. Translation QR Code. Translation QR Code.pdf Americans with Disabilities Act (ADA) Accommodations In accordance with the Americans with Disabilities Act of 1990, if you require a disability- related modification or accommodation to participate in this meeting, please contact the City Clerk’s Office at (661) 267-5151 at least 48 hours prior to the meeting. CITY COUNCIL SUCCESSOR AGENCY HOUSING AUTHORITY INDUSTRIAL DEVELOPMENT AUTHORITY PALMDALE AIRPORT AUTHORITY PALMDALE FINANCING AUTHORITY CITY COUNCIL CHAMBER 38300 SIERRA HIGHWAY SUITE B PALMDALE, CA 93550 TUESDAY, JUNE 2, 2026 5:00 PM www.cityofpalmdaleca.gov WELCOME City Council Tuesday, June 2, 2026

Public Comment Information Members of the public may speak for up to three (3) minutes on the Consent Calendar, Public Hearings, Appointments, New Business, and Closed Session items. To address the Legislative Body on any agendized item, please complete a speaker card for the City Clerk and indicate the item you wish to speak on. Speaker cards are available in the foyer of the Council Chambers. Please follow these guidelines to ensure the meeting runs smoothly: All comments must be respectful and courteous. Comments that are personal, threatening, obscene, insulting, or that attack others or berate differing viewpoints will not be allowed. Individuals who violate these rules or disrupt the meeting will be ruled out of order by the Chair and must immediately stop speaking. Disruptive individuals may be asked to leave the meeting. 1. CALL MEETING TO ORDER Note: All City Council memberships are reflected in their City Council titles. 2. ROLL CALL MAYOR OHLSEN, MAYOR PRO TEM BISHOP, COUNCILMEMBERS LOA, BETTENCOURT, ALARCÓN COMMISSIONERS FRAGA-SAENZ, BETTS 3. PLEDGE OF ALLEGIANCE AND MOMENT OF SILENCE 4. NON-AGENDA PUBLIC COMMENTS - Now is the time for public participation. 5. CLOSED SESSION - Now is the time for public participation. PRESENTATION BY CITY ATTORNEY 5.1 CONFERENCE WITH LEGAL COUNSEL—ANTICIPATED LITIGATION Significant exposure to litigation: (1 potential case – facts and circumstances unknown to potential plaintiffs) This closed session is being held pursuant to the authority of California Government Code Section 54956.9, paragraph (2) of subdivision (d). 5.2 CONFERENCE WITH LEGAL COUNSEL- ANTICIPATED LITIGATION Initiation of litigation: (1 case) This closed session is being held pursuant to the authority of California City Council Tuesday, June 2, 2026

Government Code Section 54956.9, paragraph (4) of subdivision (d). 6. CONSENT CALENDAR - Now is the time for public participation All matters listed under the Consent Calendar will be enacted by one motion unless an item(s) is pulled by Council, in which case the item(s) will be removed from the Consent Calendar and will be considered separately following this portion of the Agenda. 6.1 Waive full reading of the Resolution(s) and/or Ordinance(s) to be considered and voted on at this meeting. (This allows for reading the title only in lieu of reciting the entire text). 6.2 Receive and File the Monthly Investment Activity Report for April 2026. SR Monthly Investment Report April 2026.docx Rpt. Monthly Investment Report April 2026.pdf 6.3 Adopt Resolution No. CC 2026-036, a Resolution of the City Council of the City of Palmdale establishing an appropriations limit for Fiscal Year 2026-27 pursuant to Article XIII B of the California Constitution and repealing Resolution No. CC 2025- 044. SR Reso. No. CC 2026-036.docx Reso. No. CC 2026-036.docx 6.4 Approve Purchase Order 20270000 with Amazon Capital Services, Inc., DBA Amazon Business, in an amount not to exceed $328,200 for Fiscal Year 2026-27. SR PO 20270000 Amazon Capital Services, Inc.docx PO 20270000 Amazon Capital Services, Inc.pdf Agrmt No. R-TC-17006 Amazon Renewal 3.pdf Agrmt No. R-TC-17006 Renewal 2.pdf Agrmt No. R-TC-17006 Renewal 1.pdf Agrmt No. R-TC-17006.pdf 6.5 Approve 33 non-profit organizations, including their proposed locations for fireworks stands, and recommend permit issuance. SR 2026 Fireworks Stands.docx Map - Fireworks Stand Location 2026.pdf 6.6 Receive and file the annual report for the Palmdale Tourism Improvement District (PTID) for fiscal year 2025-26. SR Receive and File the Annual Report for the PTID for FY 2025-26.docx Rpt. PTID for FY 2025-26.docx 6.7 Approve Agreement with Civica Law Group, APC for Legal Services for Criminal Prosecution of Palmdale Municipal Code Violations in an amount not to exceed City Council Tuesday, June 2, 2026

$190,000 for a two-year term through June 30, 2028. SR Agrmt No. A-9871 with Civica Law Group APC.docx Agrmt No. A-9871 with Civica Law Group, APC.pdf Exhibit A - Rate Schedule.docx 6.8 Adopt Resolution No. CC 2026-008, a Resolution of the City Council of the City of Palmdale declaring its intention to continue assessments for Fiscal Year 2026-27, preliminarily approving the annual Engineer’s Report, and providing Notice of Public Hearing for the City of Palmdale Drainage Benefit Assessment Districts No. 1 and No. 2006-02. SR Reso. No. CC 2026-008.docx Reso. No. CC 2026-008.docx Fiscal Year 2026-27 Engineers Report Drainage Benefit Assessment Districts.pdf 6.9 Adopt Resolution No. CC 2026-009, a Resolution of the City Council of the City of Palmdale declaring its intention to continue assessments for Fiscal Year 2026-27, preliminarily approving the Annual Engineer’s Reports, and providing for Notice of Hearing for the City of Palmdale Landscape Maintenance Assessment Districts and Annexations, Park Maintenance and Recreation Improvement District, and Streetlight Maintenance Assessment Districts and Annexations. SR Reso. No. CC 2026-009.docx Reso. No. CC 2026-009.docx Fiscal Year 2026-27 Combined Engineers Report for Landscape Maintenance Assesment Districts.pdf Fiscal Year 2026-27 Engineers Report for Park Maintenance and Recreation Assessment Districts.pdf Fiscal Year 2026-27 Engineers Report for Streetlight Maintenance Assessment Districts.pdf 6.10 Adopt Resolution No. CC 2026-030, a Resolution of the City Council of the City of Palmdale, setting aside portions of city-owned lands (APNs 3009-021-904, 3014- 002-905, 3014-029-900, 3014-008-902, 3014-008-903, 3014-008-904, 3014-008- 905), for Right-of-Way and bikeway easements along Avenue R for public road and highway purposes. SR Reso. No. CC 2026-030.docx Reso. No. CC 2026-030.docx Legal Description and Plat Maps (7 parcels).pdf Location Map.pdf 6.11 Approve Agreement with Superion LLC, a CentralSquare Technologies Company, for cloud migration and continued Enterprise Asset Management System subscription services, for a total not to exceed amount of $356,485 for a three- year term through June 30, 2029. SR Agrmt No. A-6597-D with Superion.docx Agrmt No. A-6597-D with Superion LLC.pdf City Council Tuesday, June 2, 2026

6.12 Approve Second Amendment to Agreement with Parsons Transportation Group for PN 653, Palmdale Blvd. and Sierra Highway Railroad Crossing Safety Upgrades Project, increasing the agreement amount by $428,480 for a total not to exceed amount of $1,596,572 for an additional term of 365 calendar days. SR Agrmt No. A-7414 Amendment No. 2 with Parsons Transportation Group.docx Agrmt No. A-7414 Amendment No. 2 with Parsons Transportation Group.pdf Agrmt No. A-7414 Amendment No. 1 with Parsons Transportation Group.pdf Agrmt No. A-7414 with Parsons Transportation Group.pdf 6.13 Approve Agreement with Willdan Engineering for Construction Management and Observation Services for PN 796, 45th Street East Sewer, Storm Drain, and Street Improvement Project, for a total not to exceed amount of $877,190 for a term of 251 working days from the effective date of the agreement. SR Agrmt No. A-9785 with Willdan Engineering.docx Agrmt No. A-9785 with Willdan Engineering.pdf Proposal.pdf Fee Schedule.pdf Location Map.pdf 6.14 Approve Agreement with ZECO, INC. for Construction Services on PN 851, Courson Park Revitalization Project, for a total not to exceed amount of $5,431,804 for a term of 280 working days from the date of the Notice to Proceed. SR Agrmt No. A-9764 with Zeco, Inc.docx Agrmt No. A-9764 with Zeco, Inc.pdf Bid Schedule.pdf Location Map.pdf 6.15 Approve Agreement with Cumming Management Group, Inc., for Construction Management and Observation Services for PN 878, Chimbole Center-Library Renovation Phase 1 Project, for a total not to exceed amount of $1,136,200 for a term of 660 calendar days from the effective date of the agreement. SR Agrmt No. A-9888 with Cumming Management Group, Inc.docx Location Map.pdf Agrmt No. A-9888 with Cumming Management Group, Inc.pdf Proposal.pdf Fee Schedule.pdf 6.16 Approve Agreement with Paragon Partners Consultants, Inc., for Right-of-Way Engineering Services, for PN 914, Rancho Vista Blvd. Grade Separation Project, for a total not to exceed amount of $691,005 for a term of two years from the date of the Notice to Proceed. SR Agrmt No. A-9837 with Paragon Partners Consultants, Inc.docx Agrmt No. A-9837 with Paragon Partners Consultants, Inc.pdf City Council Tuesday, June 2, 2026

Proposal.pdf Fee Schedule.pdf Location Map.pdf 6.17 Approve Construction Agreement with Vance Corporation for PN 917A, Avenue R Phase I from 25th Street East to Tackstem Avenue, for a total not to exceed amount of $12,777,832 for a term of 120 working days from the date of the Notice to Proceed. SR Agrmt No. A-9799 with Vance Corporation.docx Agrmt No. A-9799 with Vance Corporation.pdf Bid Schedule.pdf Location Map.pdf 6.18 Approve the minutes from the previous meeting. Mins 05 05 2026.pdf Mins 05 11 2026.pdf 7. APPOINTMENTS Now is the time for public participation on the Appointment 7.1 Reappointment of Planning Commissioners in Districts 1,3, and 4. SR PC Reappointments.docx 7.2 Nominate and appoint one public member to the Palmdale Enhanced Infrastructure Financing District (EIFD) Public Financing Authority (PFA) to serve the remainder of a two-year term set to expire June 30, 2027. SR Appt Palmdale EIFD PFA.docx Apps.pdf 8. PUBLIC HEARING - Now is the time for public participation. Each public hearing will have its own public testimony. 8.1 Adopt Resolution No. CC 2026-028, a Resolution of the City Council of the City of Palmdale, approving MOD 26-0009 amending a previously approved density bonus agreement 22-002 (A-7912), to facilitate the construction of a 48-unit multi- family residential development on one vacant parcel totaling approximately one acre located East of 9th Street East, approximately 100 feet South of East Avenue Q; and, authorize the City Manager or his designee to exercise the option to amend the agreement as necessary, including minimal and /or non-substantive changes (APN: 3008-040-012). SR MOD 26-0009.docx Reso. No. CC 2026-028.docx Exh A - Legal Description for MOD 26-0009 .docx Exh B - Aerial Map for MOD 26-0009.docx City Council Tuesday, June 2, 2026

Exh C - General Plan and Specific Plan Consistency for MOD 26-0009.docx Exh D - PMC and Specific Plan Standards for MOD 26-0009.docx Exh E - Density Bonus Housing Agreement (A-7912).docx 8.2 Receive and File the Fiscal Year 2026-27 Annual Employee Vacancy Report in accordance with Assembly Bill 2561. SR FY 2026-27 Annual Employee Vacancy Report.docx 8.3 Approve economic development subsidy agreements with Palmdale Auto Mall dealerships. SR Approve Economic Development Subsidy Agreements.docx Agrmt Economic Development Loan Agreement.docx Atch Loan Amortization Schedule.pdf 9. JOINT PUBLIC HEARING CC/SA/HA/IDA/PAA/PFA - Now is the time for public participation. 9.1 Adopt Joint Resolution of the City Council of the City of Palmdale No. CC 2026- 033, Successor Agency to the Community Redevelopment Agency of the City of Palmdale No. SA 2026-005, Housing Authority of the City of Palmdale No. HA 2026-001, Industrial Development Authority No. IDA 2026-001, Palmdale Airport Authority No. PAA 2026-001, Palmdale Financing Authority No. PFA 2026-001, collectively the Approving Legislative Bodies (ALB), Adopting the City of Palmdale's Annual Budget for Fiscal Year 2026-27 and Approving Revenue and Expenditure Adjustments to Fiscal Year 2025-26; Adopt Resolution No. CC 2026- 032, a Resolution of the City Council of the City of Palmdale approving the publicly available pay schedule for general employee classifications to ensure compliance with the Public Employees’ Retirement System (CalPERS) pensionable compensation requirements; and, Adopt Resolution No. CC 2026- 035, a Resolution of the City Council of the City of Palmdale approving the publicly available pay schedule for Parks and Recreation unbenefited employee classifications to ensure compliance with the Public Employees’ Retirement System (CalPERS) pensionable compensation requirements. SR FY 2026-27 Proposed Operating and Capital Budget.docx Reso. No. CC 2026-033, SA 2026-005, HA 2026-001, IDA 2026-001, PAA 2026- 001, PFA 2026-001.docx Atch FY 2026-27 Proposed Operating and Capital Budget Updated.pdf Reso. No. CC 2026-032 General Positions.docx Exh A Reso No. CC 2026-032.pdf Exh B Reso. No. CC 2026-032.pdf Reso. No. CC 2026-035 P&R Unbenefited Positions.docx Exh A Reso. No. CC 2026-035.pdf Exh B Reso. No. CC 2026-035.pdf PPT Proposed Budget FY 2026-27.pdf City Council Tuesday, June 2, 2026

10. NEW BUSINESS 10.1 Discussion and direction regarding the preparation of Resolutions related to the potential repeal and deferred implementation of Measure PD. SR Discussion Regarding Measure PD.docx 11. CITY MANAGER’S REPORT 12. SHERIFF'S REPORT 13. COUNCIL REPORTS, ANNOUNCEMENTS AND REQUESTS FOR FUTURE AGENDA ITEMS 14. ANNOUNCEMENT BY CITY ATTORNEY 15. ADJOURN meeting to July 7, 2026, at 5:00 p.m. in the City Hall Council Chamber located at 38300 Sierra Highway, Suite B, Palmdale, California. City Council Tuesday, June 2, 2026

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City Council Staff Report DATE: JUNE 2, 2026 TO: HONORABLE MAYOR AND CITY COUNCIL FROM: OPERATIONS DEPARTMENT FINANCE DIVISION DISTRICT: ALL SUBJECT: RECEIVE AND FILE THE MONTHLY INVESTMENT ACTIVITY REPORTS FOR APRIL 2026 RECOMMENDATION Staff recommend that the City Council: 1. Receive and file the April 2026 monthly investment activity reports for the City of Palmdale and Successor Agency. BACKGROUND In accordance with Section 16 of the City and Successor Agency Investment Policy, the City Treasurer is required to prepare and present monthly and quarterly investment reports to the City Manager/Executive Director and the City Council/Board of Directors. These reports include detailed information on each investment, including the investment type, issuer name, purchase date, maturity date, amount invested, and interest rate. Reporting covers all pooled investments of the City and Successor Agency, as well as Certificates of Participation, Revenue Bonds, Tax Allocation Bonds, Assessment Districts, and Community Facilities District accounts managed by external fiscal agents. The monthly investment reports provide an overview of the City and Successor Agency’s investment activity and portfolio performance. They summarize total assets, portfolio allocations, average maturities, yields, and book values. The interest rates presented reflect the most current rates available as of the report date. Market values for pooled City and Successor Agency investments are based on closing prices as of the report date. Pricing information is obtained from reputable sources, including the Wall Street Journal, Bloomberg Financial Markets, Capital Market Finance publications, and other reliable market data providers.

Report to Mayor and City Council Re: Monthly Investment Report April 2026 June 2, 2026 Page 2 DISCUSSION Compliance with Investment Policy As of April, the City’s total investment portfolio was valued at $327,192,616, reflecting an increase of $3,355,362 from the prior month and an increase of $12,613,771 compared to the same period last year. The month-over-month increase is attributable to interest earned and new investment purchases during the month. The Successor Agency’s portfolio had a par value of $14,645,312 as of April, representing an increase of $35,201 from the previous month. The increase is due to interest earned during the month. All investments are in full compliance with Section 8 of the City’s Investment Policy. The portfolios consist of a diversified mix of authorized investment instruments, including Certificates of Deposit, Corporate Notes, U.S. Treasury Securities, and Government Agency Securities, each maintained within established portfolio percentage limits. The Finance Division serves as custodian of the City and Successor Agency investment portfolios and adheres to the three primary objectives outlined in the Investment Policy:  Safeguard principal by investing in financial instruments that mitigate the risk of market-related losses;  Maintain sufficient liquidity to meet anticipated cash flow needs; and  Achieve a competitive market rate of return consistent with policy constraints. Liquidity Maintaining adequate liquidity to support operational requirements remains a key priority of the Finance Division. To support this objective, the City and Successor Agency invest in two pooled funds: the Local Agency Investment Fund (LAIF) and the California Asset Management Program (CAMP). These funds are designed to support daily operational needs and provide flexibility during periods of economic uncertainty. Their high liquidity ensures that both entities can meet ongoing cash flow demands. At the end of April, the City’s LAIF balance totaled $118,075,321, an increase of $1,146,025 from the prior month due to quarterly interest earned. The Successor Agency’s LAIF balance was $4,067,226, an increase of $39,470 from the prior month due to interest earnings. The City’s CAMP balance at the end of April was $54,772,251, compared to $54,602,460 in March. The increase is due to interest earned during the month.

Report to Mayor and City Council Re: Monthly Investment Report April 2026 June 2, 2026 Page 3 The interest rates presented reflect the most current rates available as of the date of this report. As of April 30, 2026, LAIF and CAMP were earning 3.811 percent and 3.78 percent, respectively. At the end of March, the rates were 3.826 percent for LAIF and 3.80 percent for CAMP. One year ago, LAIF and CAMP rates were 4.281 percent and 4.45 percent, respectively. The chart above shows the LAIF and CAMP average monthly yields from July 2025 through April 2026. Both investment pools experienced a gradual decline in yields during this period, reflecting the overall interest rate environment. CAMP initially provided higher yields than LAIF; however, beginning around December 2025, LAIF yields slightly exceeded CAMP yields and remained relatively more stable through April 2026. CAMP, on the other hand, appeared more sensitive to market fluctuations during this period. Diversity The Finance Division seeks to maintain a well-diversified investment portfolio in order to minimize exposure to risks associated with any single security type or financial institution. The City and Successor Agency portfolios remain appropriately diversified in accordance with the Investment Policy. The accompanying monthly reports detail all investments held by both entities, including current book values as of April 30, 2026. Based on current projections, both the City and the Successor Agency have sufficient funds to meet anticipated expenditure requirements over the next six months. The Finance Division will continue to closely monitor economic conditions and assess their potential impact on interest rates and overall portfolio performance. 4.26% 4.25% 4.21% 4.15% 4.10% 4.03% 3.93% 3.87% 3.83% 3.81% 4.41% 4.40% 4.36% 4.26% 4.10% 3.95% 3.85% 3.83% 3.80% 3.78% 3.40% 3.50% 3.60% 3.70% 3.80% 3.90% 4.00% 4.10% 4.20% 4.30% 4.40% 4.50% July Aug Q1 Sep Oct Nov Q2 Dec Jan Feb Q3 Mar Apr Pooled Investments Monthly Yields LAIF CAMP

Report to Mayor and City Council Re: Monthly Investment Report April 2026 June 2, 2026 Page 4 Attached are summaries of the investments in the City and Successor Agency’s books as of April 30, 2026. FISCAL IMPACT $0; There is no fiscal impact associated with the recommended action for this report. STRATEGIC PLAN Goal II: Ensure long-term fiscal health of the City and maintain funding for services. B. Manage resources, costs, and liabilities to ensure the City’s long-term fiscal health. C. Involve and expand engagement to enhance public oversight and transparency. Prepared by: Janelle Samson, Deputy City Manager Certified as to availability of Funds: Janelle Samson, Deputy City Manager Approved by: Salvador Mendez, City Manager Approved as to form: Alexandra Severino, City Attorney ATTACHMENTS Rpt. Monthly Investment Report April 2026

CITY OF PALMDALE TREASURER'S REPORT OF INVESTMENTS APRIL 30, 2026 PURCHASE MATURITY ACCOUNT/ INTEREST PAR PURCHASE INVESTED DATE DATE FUND INSTITUTION RATE AMOUNT AMOUNT AMOUNT U.S. TREASURY SECURITIES Yield 01-03-24 12-31-26 CITY 912828YX2 U.S. Treasury Note 0.04 5,000,000.00$ 4,696,880.23$ 4,848,850.00$ 01-03-24 06-30-27 CITY 91282CEW7 U.S. Treasury Note 0.04 5,000,000.00 4,897,630.28 4,954,900.00 01-03-24 09-30-27 CITY 91282CFM8 U.S. Treasury Note 0.04 2,500,000.00 2,523,771.66 2,522,450.00 01-08-24 06-15-26 CITY 91282CHH7 U.S. Treasury Note 0.04 5,000,000.00 5,001,760.94 5,006,000.00 12-18-24 09-30-29 CITY 91282CFL0 U.S. Treasury Note 0.39 5,000,000.00 4,977,094.45 5,022,250.00 12-18-24 10-31-29 CITY 91282CFT3 U.S. Treasury Note 0.40 5,000,000.00 4,988,321.47 5,047,050.00 12-18-24 11-30-29 CITY 91282CFY2 U.S. Treasury Note 0.39 5,000,000.00 4,942,086.29 5,021,300.00 01-02-25 12-31-29 CITY 91282CGB1 U.S. Treasury Note 0.39 3,000,000.00 2,949,835.02 3,012,300.00 11-17-25 09-30-30 CITY 91282CPA3 U.S. Treasury Note 3.63 3,000,000.00 3,015,470.91 3,001,130.25 01-23-26 06-30-29 CITY 91282CEV9 US Treasury Note 3.25 1,000,000.00 985,312.50 985,312.50 01-23-26 02-28-30 CITY 91282CGQ8 US Treasury Note 4.00 1,000,000.00 1,008,750.00 1,008,750.00 01-23-26 12-31-30 CITY 91282CJQ5 US Treasury Note 3.75 1,000,000.00 995,937.50 995,937.50 03-05-26 11-15-28 CITY 91282CPK1 US Treasury Note 3.50 2,000,000.00 1,997,812.50 1,997,812.50 03-16-26 04-15-28 CITY 91282CMW8 US Treasury Note 3.75 2,000,000.00 2,001,875.00 2,001,875.00 TOTAL U.S. TREASURY SECURITIES 45,500,000.00$ 44,982,538.75$ 45,425,917.75$ GOVERNMENT AGENCY PAPER 12-21-21 12-22-26 CITY 3133ENJC5 Federal Farm Credit 1.29 5,000,000.00 5,000,000.00 4,814,666.55 06-24-22 02-26-27 CITY 3130AL5A8 Federal Home Loan Note 3.33 5,000,000.00 4,479,000.00 4,758,477.85 08-17-22 10-27-26 CITY 3134GW4C7 Freddie Mac 0.80 5,000,000.00 4,539,500.00 4,800,207.95 01-06-23 02-25-27 CITY 3130AQRH8 Federal Home Loan Note 4.38 5,000,000.00 4,590,638.89 4,843,987.40 01-06-23 04-19-27 CITY 3130ARHJ3 Federal Home Loan Note 4.38 5,000,000.00 4,801,354.86 4,925,508.20 05-03-24 05-01-28 CITY 3133ERCX7 Federal Farm Credit 5.17 5,000,000.00 5,000,000.00 5,022,317.60 08-08-24 08-14-29 CITY 3134HADY6 Freddie Mac Domestic 4.00 4,000,000.00 3,946,000.00 3,971,348.28 12-03-24 12-04-29 CITY 3130B3XP3 Federal Home Loan 4.50 1,000,000.00 1,000,000.00 998,973.31 12-04-24 12-02-27 CITY 3133ERE23 Federal Farm Credit 4.32 1,000,000.00 1,000,000.00 1,003,072.14 01-27-25 07-27-27 CITY 3130B4RC7 Federal Home Loan Bank 4.50 3,000,000.00 3,000,000.00 3,019,381.53 01-28-25 07-21-27 CITY 3130B4QA2 Federal Home Loan Bank 4.55 3,000,000.00 3,000,000.00 3,003,732.24 06-27-25 04-30-29 CITY 3136GAGW3 Fannie Mae 4.75 5,000,000.00 5,000,000.00 4,993,056.90 09-08-25 10-08-27 CITY 3135G05Y5 Fannie Mae NTS 3.31 2,000,000.00 1,897,625.25 1,897,625.25 09-17-25 09-15-28 CITY 3133ETXV4 Federal Farm Credit Bond 3.83 1,400,000.00 1,402,403.14 1,400,000.00 11-17-25 11-06-30 CITY 3130B8BF8 Federal Home Loan 3.95 830,000.00 833,082.01 832,080.25 01-06-26 06-26-30 CITY 3133ET5K9 Federal Farm Credit Bank 4.07 3,000,000.00 2,998,500.00 2,998,500.00 01-06-26 01-06-31 CITY 3136GCCY9 Fannie Mae 4.00 4,000,000.00 4,000,000.00 4,000,000.00 03-05-26 03-05-29 CITY 3133EWFX3 Federal Farm Credit 3.70 2,000,000.00 1,997,000.00 1,997,000.00 03-10-26 09-10-29 CITY 3130B9RD4 Federal Home Loan 4.00 2,000,000.00 2,000,000.00 2,000,000.00 03-10-26 03-10-31 CITY 3134HCXZ7 Freddie Mac 3.70 2,000,000.00 1,988,000.00 1,988,000.00 03-17-26 03-14-28 CITY 3130B9WM8 Federal Home Loan 4.00 2,500,000.00 2,500,000.00 2,500,000.00 03-31-26 02-26-29 CITY 3134HCE96 Freddie Mac 4.21 1,500,000.00 1,500,000.00 1,500,000.00 04-14-26 04-14-31 CITY 3130BA4X2 Federal Home Loan 4.75 1,520,000.00 1,520,000.00 1,520,000.00 04-22-26 04-30-29 CITY 3133EWMX5 Federal Farm Credit 4.03 2,000,000.00 2,000,000.00 2,000,000.00 04-30-26 04-23-31 CITY 3130BAGD3 Federal Home Loan 4.20 2,000,000.00 2,000,000.00 2,000,000.00 TOTAL GOVERNMENT AGENCY PAPER 73,750,000.00$ 71,993,104.15$ 72,787,935.45$ CITY OF PALMDALE INVESTMENTS

CITY OF PALMDALE TREASURER'S REPORT OF INVESTMENTS APRIL 30, 2026 PURCHASE MATURITY ACCOUNT/ INTEREST PAR PURCHASE INVESTED DATE DATE FUND INSTITUTION RATE AMOUNT AMOUNT AMOUNT CERTIFICATES OF DEPOSIT 01-04-24 06-15-26 CITY 05580A4Y7 BMW Bank of NA 4.03 240,000.00$ 243,434.40$ 241,276.80$ 01-04-24 12-28-28 CITY 09582YAV4 Blue Ridge Bank 4.09 240,000.00 240,948.00 241,135.20 06-11-24 06-11-26 CITY 38150VUZ0 Goldman Sachs Bank 5.05 245,000.00 245,033.90 247,179.52 06-13-24 06-13-29 CITY 89235MPP0 Toyota Financial SGS 4.65 245,000.00 245,000.00 250,250.86 06-14-24 06-15-26 CITY 34520LBC6 Forbright Bank 5.05 245,000.00 245,000.00 247,279.55 06-14-24 06-14-28 CITY 307811KA6 Farmers & Merchs Bank 5.00 245,000.00 245,000.00 246,517.02 06-17-24 06-17-26 CITY 8562855V9 State Bank of India 5.10 245,000.00 245,000.00 247,345.31 06-20-24 06-22-26 CITY 06051XER9 Bank of America NA 5.05 245,000.00 245,000.00 247,339.38 06-21-24 06-22-26 CITY 35634MAE1 Freedom Bank/Maywood NJ 5.05 245,000.00 245,000.00 247,339.60 01-14-26 01-14-31 CITY 46659CSR2 JP Morgan Chase Bank NA 4.00 250,000.00 250,000.00 250,000.00 02-13-26 02-14-28 CITY 178180HL2 City National Bank Beverly Hills 3.85 250,000.00 250,000.00 250,000.00 02-20-26 02-20-29 CITY 33622PAP8 First Security Bank 3.90 250,000.00 250,000.00 250,000.00 03-05-26 02-25-30 CITY 61778EQC8 Morgan Stanley 3.95 250,000.00 250,000.00 250,000.00 03-11-26 03-12-29 CITY 61776N2D4 Morgan Stanley 3.80 250,000.00 250,000.00 250,000.00 TOTAL CERTIFICATES OF DEPOSIT 3,445,000.00$ 3,449,416.30$ 3,465,663.24$ CORPORATE BONDS 01-04-24 07-27-26 CITY 61761J3R8 Morgan Stanley 4.70 500,000.00$ 481,185.25$ 493,730.00$ 01-04-24 06-15-26 CITY 46625HRS1 JPMorgan Chase & CO 4.52 500,000.00 484,840.25 495,185.00 01-04-24 03-02-28 CITY 718172CE7 Philip Morris Intl Inc 4.49 500,000.00 474,395.25 487,000.00 01-04-24 04-01-27 CITY 808513BW4 Charles Schaw Corp 4.68 500,000.00 479,390.25 492,985.00 01-09-24 06-02-26 CITY 11271LAA0 Brookfield Fin Inc 5.13 500,000.00 490,115.25 498,735.00 01-09-24 07-09-27 CITY 22550L2K6 Crdit Suisse New York 4.92 500,000.00 500,910.25 507,650.00 01-09-24 08-15-28 CITY 797440CE2 San Diego G & E 4.49 500,000.00 509,340.25 510,425.00 01-09-24 07-01-27 CITY 75973QAA5 Reneissance Financial 5.01 500,000.00 475,470.25 492,385.00 08-27-24 02-01-29 CITY 06406RBN6 Bank of NY Mellon Corp 4.20 656,000.00 663,116.29 660,965.92 08-27-25 07-26-29 CITY 06406RBK2 Bank of Melon Corp 4.09 1,000,000.00 1,021,952.92 1,021,952.92 08-27-25 08-09-29 CITY 89236TMK8 Toyota Motor Crdt Corp 4.03 500,000.00 510,587.75 510,587.75 08-27-25 05-13-30 CITY 91324PDX7 United Health Group Inc 4.15 1,000,000.00 914,211.92 914,211.92 01-06-26 11-15-30 CITY 30303MAB8 Meta Platforms Inc Global 4.20 1,500,000.00 1,510,500.00 1,510,500.00 01-06-26 05-06-30 CITY 46647PBD7 JPMorgan Chase & Co 3.70 1,500,000.00 1,482,990.00 1,482,990.00 01-23-26 04-13-29 CITY 023135CG9 Amazon.com Inc 3.45 1,000,000.00 988,500.00 988,500.00 01-23-26 01-23-30 CITY 6174468G7 Morgan Stanley MTN 4.43 1,000,000.00 1,007,000.00 1,007,000.00 01-23-26 01-10-31 CITY 89236TPH2 Toyota Motor Credit Corp 4.20 1,000,000.00 998,300.00 998,300.00 02-12-26 02-12-31 CITY 95004HBB3 Wells Fargo Bank 4.15 2,000,000.00 2,000,000.00 2,000,000.00 02-23-26 02-23-29 CITY 06055JQF9 Bank of America Corp 4.05 2,000,000.00 2,000,000.00 2,000,000.00 03-05-26 11-20-30 CITY 023135CT1 Amazon.com Inc Global 4.10 1,500,000.00 1,510,500.00 1,510,500.00 03-05-26 02-15-31 CITY 02079KBK2 Alphabet Inc Global 4.10 1,000,000.00 1,006,000.00 1,006,000.00 03-05-26 03-21-29 CITY 59217GEZ8 Met Life Glob Funding 3.30 1,500,000.00 1,468,500.00 1,468,500.00 03-12-26 03-12-31 CITY 38151GAJ0 Goldman Sachs Bank 4.10 2,000,000.00 2,000,000.00 2,000,000.00 03-16-26 03-13-31 CITY 023135DD5 Amazon.com Inc Global 4.25 1,500,000.00 1,495,155.00 1,495,155.00 03-16-26 03-13-29 CITY 89236TPQ2 Toyota Motor Credit 4.05 1,000,000.00 997,600.00 997,600.00 04-23-26 05-07-30 CITY 57629TBX4 Massmutual Global 4.55 1,500,000.00 1,507,200.00 1,507,200.00 04-23-26 07-25-28 CITY 64952WFP3 New York Life Global 4.15 1,500,000.00 1,501,050.00 1,501,050.00 TOTAL CORPORATE BONDS 28,656,000.00$ 28,478,810.88$ 28,559,108.51$ STATE OF CALIFORNIA LOCAL AGENCY INVESTMENT FUND 09-01-84 n/a CITY 98-19-620 3.83 62,373,759.29$ 62,373,759.29$ 62,373,759.29$ 9-19-2024 n/a PFA 40-19-078 3.83 36,500,000.00 36,500,000.00 41,001,040.71 9-28-2021 n/a ARPA 19-19-004 3.83 14,700,521.41 14,700,521.41 14,700,521.41 TOTAL LAIF ACCOUNTS 113,574,280.70$ 113,574,280.70$ 118,075,321.41$ CAMP- CALIFORNIA ASSET MANAGEMENT PROGRAM 6080-01 n/a CITY 6080-01 3.80 54,772,250.66$ 54,772,250.66$ 54,772,250.66$ TOTAL CAMP ACCOUNTS 54,772,250.66$ 54,772,250.66$ 54,772,250.66$

CITY OF PALMDALE TREASURER'S REPORT OF INVESTMENTS APRIL 30, 2026 PURCHASE MATURITY ACCOUNT/ INTEREST PAR PURCHASE INVESTED DATE DATE FUND INSTITUTION RATE AMOUNT AMOUNT AMOUNT UBS FINANCIAL SERVICES n/a n/a CITY 0.00 4,106,419.45$ 4,106,419.45$ 4,106,419.45$ TOTAL UBS FINANCIAL SERVICES ACCOUNTS 4,106,419.45$ 4,106,419.45$ 4,106,419.45$ TOTAL CITY INVESTMENTS 323,803,950.81$ 321,356,820.89$ 327,192,616.47$ STATE OF CALIFORNIA LOCAL AGENCY INVESTMENT FUND 11-20-84 n/a LIBRARY 16-19-012 3.83 14,368.06$ TOTAL LIBRARY INVESTMENTS 14,368.06$ SIERRA GATEWAY COMMUNITY FACILITIES DISTRICT 91-1 Fiscal Agent: U.S. Bank National Association (fka First Trust) 05-10-95 n/a BOND 95421220 0.35 124.26$ 05-10-95 n/a IMPROVEMENT 95421222 0.10 180,594.60 TOTAL SIERRA GATEWAY COMMUNITY FACILITIES DISTRICT 91-1 180,718.86$ BOND PROCEEDS RITTER RANCH COMMUNITY FACILITIES DISTRICT 93-1 Fiscal Agent: U.S. Bank National Association (fka First Trust) 04-06-95 n/a RESERVE-SEN 95420880 n/a 14.33$ 04-06-95 n/a IMPV-ACQUI 95420884 0.01 3,006,005.05 04-06-95 n/a BOND 95420887 0.15 0.15 TOTAL RITTER RANCH COMMUNITY FACILITIES DISTRICT 93-1 3,006,019.53$ BOND PROCEEDS ANAVERDE COMMUNITY FACILITIES DISTRICT 2003-1 Fiscal Agent: U.S. Bank National Association (fka First Trust) 08-01-19 n/a SP TAX - B BOND 242969000 0.00 111.07$ 08-01-19 n/a RESERVE 242969003 0.00 722,953.75 08-01-19 n/a SP TAX - REFNDING BOND 242969004 0.01 15,152.21 TOTAL ANAVERDE COMMUNITY FACILITIES DISTRICT 2003-1 738,217.03$ BOND PROCEEDS 2005 $7.2M COMMUNITY FACILITIES DISTRICT 05-1 (TRADE AND COMMERCE CENTER) REFUNDED 2021 Fiscal Agent: U.S. Bank National Association (fka First Trust) n/a SPEC TRB SER A/B 251009000 0.01 11,466.35$ n/a RESERVE FUND 251009001 0.01 642,330.87 TOTAL 2005 $7.2M COMMUNITY FACILITIES DISTRICT 05-1 (TRADE AND COMMERCE CENTER) REFUNDED 2021 653,797.22$ LIBRARY INVESTMENTS FISCAL AGENT CASH

CITY OF PALMDALE TREASURER'S REPORT OF INVESTMENTS APRIL 30, 2026 PURCHASE MATURITY ACCOUNT/ INTEREST PAR PURCHASE INVESTED DATE DATE FUND INSTITUTION RATE AMOUNT AMOUNT AMOUNT BOND PROCEEDS 2006-1 GODDE HILL ESTATE SEWER IMPROVEMENTS LOIB Fiscal Agent: U.S. Bank National Association (fka First Trust) 11-08-06 n/a REDEMPTION FUND 106844000 0.01 16,904.20$ 11-08-06 n/a ADM EXP 106844002 0.01 1,858.35 11-08-06 n/a RESERVE FUND 106844003 0.01 80,943.15 TOTAL 2006-1 GODDE HILL ESTATE SEWER IMPROVEMENTS LOIB 99,705.70$ 2015 HA DEBT SERVICE RESERVE Fiscal Agent: Bank of America 11-19-15 n/a DEBT SVC RESERVE 1257964992 0.08 41,260.91$ TOTAL 2015 HA DEBT SERVICE RESERVE 41,260.91$ PARS RESTRICTED CASH FOR PENSION STABILIZATION TRUST FUND 05-23-18 n/a CITY 104790895775 Pub. Agency Retirement Svcs. 2.60 12,327,421.84$ TOTAL PARS PENSION TRUST FUND 12,327,421.84$ BOND PROCEEDS 2015 HA $4.3M MULTIFAMILY HOUSING REVENUE BONDS Fiscal Agent: U.S. Bank National Association (fka First Trust) 09-03-15 n/a BOND FUND 277067000 0.00 177,222.65$ 09-03-15 n/a INTEREST ACCT 277067001 0.01 14.01 09-03-15 n/a BOND RESERVE 277067003 0.00 281,020.81 09-03-15 n/a REPAIR & REPLACE FUND 277067004 0.00 1,464,197.43 TOTAL 2015 HA $4.3M MULTIFAMILY HOUSING REVENUE BONDS 1,922,454.90$ BOND PROCEEDS 2017 PFA $17.4M LEASE REVENUE BONDS Fiscal Agent: U.S. Bank National Association (fka First Trust) 04-05-17 n/a REVENUE FUND 271128000 0.00 0.50$ 04-05-17 n/a REVENUE REFUNDING BOND 271128001 n/a 152,393.83 04-05-17 n/a REVENUE REFUNDING BOND 271128002 0.31 TOTAL 2017 PFA $17.4M LEASE REVENUE BONDS 152,394.64$ BOND PROCEEDS 2023 A&B SERIES ACQUISITION & CONSTRUCTION REVENUE BOND PFA Fiscal Agent: U.S. Bank National Association (fka First Trust) 11-30-23 n/a REVENUE FUND 248041000 9.57$ 11-30-23 n/a INTEREST 248041001 452,101.65 11-30-23 n/a PRINCIPAL 248041002 0.51 11-30-23 n/a REVENUE FUND 248041004 13.54 11-30-23 n/a REVENUE FUND 248041008 4,800,500.67 TOTAL 2023 A&B SERIES B ACQUISITION & CONSTRUCTION REV BOND 5,252,625.94$ GRAND TOTAL - FISCAL AGENT CASH 24,374,616.57$

CITY OF PALMDALE TREASURER'S REPORT OF INVESTMENTS APRIL 30, 2026 PURCHASE MATURITY ACCOUNT/ INTEREST PAR PURCHASE INVESTED DATE DATE FUND INSTITUTION RATE AMOUNT AMOUNT AMOUNT Cash on Hand 24,352,133$ Pooled Cash Investments City: 318,655,860 Insur Fund: 8,536,756 327,192,616$ Library Investments 14,368 Subtotal 351,559,117$ City/AD/CFD/PCA/PFA/HA Fiscal Agent Cash 24,366,617$ Grand total 375,925,734$ SUMMARY OF CASH AND INVESTMENTS

CITY OF PALMDALE TREASURER'S REPORT OF INVESTMENTS APRIL 30, 2026 POOLED CASH - LOCAL AGENCY INVESTMENT FUND (LAIF), CALIFORNIA ASSET MANAGEMENT PROGRAM (CAMP), & UBS FINANCIAL SERVICES TRANSACTION INTEREST DATE DEPOSIT WITHDRAWAL RECEIVED BALANCE LAIF - CITY ACCOUNT 98-19-620 Beginning Balance 61,768,288.77$ 04-15-26 605,470.52$ Subtotal -$ -$ 605,470.52$ 62,373,759.29 LAIF - PFA ACCOUNT 40-19-078 Beginning Balance 40,603,146.66$ 04-15-26 397,894.05$ Subtotal -$ -$ 397,894.05$ 41,001,040.71$ LAIF - LIBRARY ACCOUNT 16-19-012 Beginning Balance 14,228.63$ 04-15-26 139.43$ Subtotal -$ -$ 139.43$ 14,368.06$ LAIF - ARPA ACCOUNT 19-19-004 Beginning Balance 14,557,860.40$ 04-15-26 142,661.01$ Subtotal -$ -$ 142,661.01$ 14,700,521.41$ CAMP Beginning Balance 54,602,459.72$ 04-30-26 169,790.94$ Subtotal -$ -$ 169,790.94$ 54,772,250.66$ UBS Financial Services Beginning Balance 3,445,020.74$ 04-30-26 136,961.21$ 04-30-26 4,000,000.00$ 04-30-26 (3,475,562.50)$ Subtotal 4,000,000.00$ (3,475,562.50)$ 136,961.21$ 4,106,419.45$ Total 4,000,000.00$ (3,475,562.50)$ 1,452,917.16$ 176,968,359.58$

CITY OF PALMDALE TREASURER'S REPORT OF INVESTMENTS APRIL 30, 2026 TN = US Treasury C = Call FP = Federal Paper M = Maturity CD = Certificate of Deposit CB = Corporate Bonds FACE PURCHASE MATURITY VALUE INTEREST NET INVESTED GAIN/ ISSUER DATE DATE REDEEMED RECEIVED FUNDS AMOUNT (LOSS) 3130AN5C0 Federal Home Loan Note 07-29-21 04-29-26 FP 4,000,000.00$ 21,000.00$ 4,021,000.00$ 3,899,120.00$ 100,880.00$ 3130B62E5 Federal Home Loan Bank 06-13-25 04-30-26 FP 3,000,000.00 63,750.00$ 3,063,750.00 3,000,982.74 (982.74) 32026U6U5 First Foundation Bank 01-06-26 04-30-26 CD 250,000.00 3,522.26 253,522.26 250,000.00 - 7,250,000.00$ 88,272.26$ 7,338,272.26$ 7,150,102.74$ 99,897.26$ Total Number of Transactions: POOLED CASH - INVESTMENTS MATURED OR CALLED

CITY OF PALMDALE TREASURER'S REPORT OF INVESTMENTS APRIL 30, 2026 TN = US Treasury FP = Federal Paper CD = Certificate of Deposit CB = Corporate Bonds ACCRUED PURCHASE MATURITY FACE PREMIUM / PURCHASE INTEREST NET Yield ISSUER DATE DATE VALUE (DISCOUNT) PRICE PURCHASED PURCHASE 3130BA4X2 Federal Home Loan 04-14-26 04-14-31 FP 1,520,000.00$ -$ 1,520,000.00$ -$ 1,520,000.00$ 4.75 3133EWMX5 Federal Farm Credit 04-22-26 04-30-29 FP 2,000,000.00 - 2,000,000.00 - 2,000,000.00 4.03 57629TBX4 Massmutual Global Funding II 04-23-26 05-07-30 CB 1,500,000.00 (7,200.00) 1,507,200.00 31,470.83 1,538,670.83 4.55 64952WFP3 New York Life Global 04-23-26 07-25-28 CB 1,500,000.00 (1,050.00) 1,501,050.00 15,216.67 1,516,266.67 4.15 3130BAGD3 Federal Home Loan 04-30-26 04-23-31 FP 2,000,000.00 - 2,000,000.00 - 2,000,000.00 4.20 8,520,000.00$ (8,250.00)$ 8,528,250.00$ 46,687.50$ 8,574,937.50$ Total Number of Transactions: POOLED CASH - INVESTMENTS PURCHASED

SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALMDALE TREASURER'S REPORT OF INVESTMENTS April 30, 2026 PURCHASE MATURITY ACCOUNT/ INTEREST INVESTED DATE DATE FUND INSTITUTION RATE AMOUNT TOTAL LAIF - SA ACCOUNT 65-19-035 09-01-84 n/a SA Account 65-19-035 3.83 4,067,226.00$ 4,067,226.00$ FISCAL AGENT CASH BOND PROCEEDS CRA - 2002 Sub Lien Tax Allocation Bonds $5.3M ($5,329,748.25) Fiscal Agent: U.S. Bank National Association 08-20-02 n/a Reserve Fund 94460700 2.54 535,135.30$ 08-20-02 n/a Interest Acct 94460701 0.04 21,921.18 08-20-02 n/a Principal Acct 94460702 0.04 82.87 TOTAL CRA - 2002 Sub Lien Tax Allocation Bonds $5.3M ($5,329,748.25) 557,139.35$ BOND PROCEEDS 2016 SA $31.5M Tax Allocation Refunding Bonds Series A Fiscal Agent: U.S. Bank National Association (fka First Trust) 04-26-16 n/a Debt Service 245113000 0.00 0.89$ TOTAL 2016 SA $31.5M Tax Allocation Refunding Bonds Series A 0.89$ BOND PROCEEDS 2016 SA $31.5M Tax Allocation Refunding Bonds Series B Fiscal Agent: U.S. Bank National Association (fka First Trust) 4/26/2016 n/a Debt Service 269424000 0.00 0.52$ TOTAL 2016 SA $31.5M Tax Allocation Refunding Bonds Series B 0.52$ GRAND TOTAL - FISCAL AGENT CASH 557,140.76$ SUMMARY OF CASH AND INVESTMENTS Cash on Hand 10,020,945$ 10,020,944.81$ ($3,368) Pooled Cash Investments 4,067,226 $3,368 10,020,944.81$ Successor Agency Fiscal Agent Cash 557,141 * Grand total 14,645,312$

SUCCESSOR AGENCY TO THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF PALMDALE TREASURER'S REPORT OF INVESTMENTS April 30, 2026 POOLED CASH - STATE OF CALIFORNIA LOCAL AGENCY INVESTMENT FUND (LAIF) TRANSACTION INTEREST DATE DEPOSIT WITHDRAWAL RECEIVED BALANCE LAIF - SA ACCOUNT 65-19-035 Beginning Balance 4,027,755.66 04-15-26 39,470.34 Subtotal -$ -$ 39,470.34$ 4,067,226.00$

City Council Staff Report DATE: JUNE 2, 2026 TO: HONORABLE MAYOR AND CITY COUNCIL FROM: OPERATIONS DEPARTMENT FINANCE DIVISION DISTRICT: ALL SUBJECT: ADOPT RESOLUTION NO. CC 2026-036, A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALMDALE ESTABLISHING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR 2026-27 PURSUANT TO ARTICLE XIII B OF THE CALIFORNIA CONSTITUTION AND REPEALING RESOLUTION NO. CC 2025-044 RECOMMENDATION Staff recommend that the City Council: 1. Adopt Resolution No. CC 2026-036, a Resolution of the City Council of the City of Palmdale establishing an appropriations limit for Fiscal Year 2026-27 pursuant to Article XIII B of the Constitution of the State of California and repealing Resolution No. CC 2025-044. BACKGROUND Article XII B of the California State Constitution, more commonly referred to as the Gann Initiative or Gann Appropriations Limit (Limit), was adopted by California voters in 1980. The Limit places restrictions on the amount of tax proceeds that state and local governmental agencies can receive and appropriate each fiscal year. The Limit is calculated based on the actual amount of tax proceeds appropriated during the 1978-79 Fiscal Year and is increased each year for inflation and population growth. Inflationary adjustments are, by law, based on the growth in the California Per Capita Income or the growth in non-residential assessed valuation due to new construction within the City. Population adjustments are based on the population growth of the City or the population growth within the City’s county. The decision as to which of the options to select is made annually by a recorded vote of the City Council.

Report to Mayor and City Council Re: Reso. No. CC 2026-036 Establishing Appropriations Limit for FY 2026-27 June 2, 2026 Page 2 The statutes regarding the adoption of the Limit, contained in Government Code Section 7910, require the governing body to annually adopt, by resolution, an appropriations limit each year for the following fiscal year. DISCUSSION For Fiscal Year 2026-27, the City estimates that tax proceeds to be received, as well as tax proceeds appropriated by the City Council, will continue to be under the legal limit. The City’s appropriations limit for Fiscal Year 2026-27 is established at $191,541,551, a 4.95 percent increase over the Fiscal Year 2025-26 limit. This is the maximum amount of tax proceeds the City can receive and appropriate in the coming fiscal year. The City’s appropriations, subject to the limit for Fiscal Year 2026-27, are estimated to be $146,216,113. Therefore, the City’s Fiscal Year 2026-27 proposed budget appropriations subject to the limit are $45,325,437 less than the appropriations limit. FISCAL IMPACT $0; There is no fiscal impact associated with this action. STRATEGIC PLAN Goal II: Ensure long-term fiscal health of the City and maintain funding for services. A. Manage resources, costs, and liabilities to ensure the City’s long-term fiscal health. This section indicates how the agenda item is relevant to the guiding principles or values of the strategic plan. Prepared by: Janelle Samson, Deputy City Manager Certified as to availability of Funds: Janelle Samson, Deputy City Manager Approved by: Salvador Mendez, City Manager Approved as to form: Alexandra Severino, City Attorney ATTACHMENTS Reso. No. CC 2026-036

CITY COUNCIL CITY OF PALMDALE, CALIFORNIA RESOLUTION NO. CC 2026-036 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALMDALE ESTABLISHING AN APPROPRIATIONS LIMIT FOR FISCAL YEAR 2026- 27 PURSUANT TO ARTICLE XIII B OF THE CALIFORNIA CONSTITUTION AND REPEAL RESOLUTION NO. CC 2025-044 WHEREAS, Article XIII B of the California Constitution provides that the total annual appropriations subject to limitation for each governmental entity, including this City, shall not exceed the appropriations limit of such entity of government for the prior year, as adjusted for changes in the California per capita income or assessment roll for new non-residential construction and population, except as otherwise provided for in said Article XIII B and implementing State statutes; and WHEREAS, pursuant to said Article XIII B of the California Constitution, and Section 7910 of the California Government Code, the City is required to establish its appropriations limit each year for the following fiscal year; and WHEREAS, since the data necessary to calculate the increase in the non- residential assessed valuation is generally not available from County assessors, there is the possible need to adjust the limit once the assessment data is available; and WHEREAS, the City Manager has caused the limit for the City of Palmdale to be calculated and determined, on a provisional basis, using the per capita income and City population factors, and said appropriations limit for the fiscal year 2026-27 has been, and is hereby provisionally established in the amount of $191,541,551; and WHEREAS, the documentation and calculations necessary to arrive at said limitation amount have heretofore been available for public inspection for the required fifteen (15) days. NOW THEREFORE, BE IT RESOLVED, THE CITY COUNCIL OF THE CITY OF PALMDALE DOES HEREBY FIND, DETERMINE, RESOLVE AND ORDER AS FOLLOWS: SECTION 1. Adopt Resolution No. CC 2026-036 establishing an appropriation limit in the amount of $191,541,551 for Fiscal Year 2026-27; and

Resolution No. CC 2026-036 Page 2 of 2 SECTION 2. All supporting documentation used in the determination of said Appropriations Limit shall be made available at the Finance Division during normal business hours for inspection by the public; and SECTION 3. Resolution No. CC 2025-044 is hereby repealed in its entirety. SECTION 4. This Resolution is effective July 1, 2026. SECTION 5. The City Clerk shall certify to the adoption of this resolution. PASSED, APPROVED and ADOPTED this 2nd day of June, 2026. _________________________________ Approved as to form: Eric Ohlsen, Mayor ATTEST: ___________________________ _________________________________ Alexandra Severino Rochelle Scott, City Clerk City Attorney I, Rochelle Scott, City Clerk of the City of Palmdale, California, do hereby certify that the foregoing resolution was duly passed, approved, and adopted by the City Council of the City of Palmdale at a regular meeting of said Council held on the 2nd day of June, 2026, by the following roll call vote: AYES: NOES:___________________________________________________________ ABSTAIN:______________________ABSENT:___________________________ Date: Rochelle Scott, City Clerk

City Council Staff Report DATE: JUNE 2, 2026 TO: HONORABLE MAYOR AND CITY COUNCIL FROM: OPERATIONS DEPARTMENT FINANCE DIVISION DISTRICT: ALL SUBJECT: APPROVE PURCHASE ORDER 20270000 WITH AMAZON CAPITAL SERVICES, INC., DBA AMAZON BUSINESS, IN AN AMOUNT NOT TO EXCEED $328,200 FOR FISCAL YEAR 2026-27 RECOMMENDATION Staff recommend that the City Council: 1. Approve Purchase Order 20270000 with Amazon Capital Services, Inc., DBA Amazon Business, in an amount not to exceed $328,200 for Fiscal Year 2026- 27. Adoption of this Purchase Order is contingent upon the City Council approving the City’s Fiscal Year 2026-27 Annual Budget. BACKGROUND Under Palmdale Municipal Code §3.08.140(D), the City is authorized to participate in cooperative purchasing with other public agencies and non-profit organizations. This approach is cost-effective and streamlines procurement by reducing the need for separate bidding processes. The City uses the OMNIA Partners Public Sector Cooperative Purchasing Program to access competitively bid contracts. Through this, and by leveraging Amazon Business, the City obtains competitive pricing on frequently purchased items. The partnership with Amazon Business improves purchasing efficiency, provides centralized tracking and reporting, and enhances spending controls. It also allows the City to prioritize local vendors by designating them as “organization preferred” in the system. Additional benefits of the Amazon partnership include:  Increased Efficiency: Departments can reduce administrative time spent sourcing and comparing vendors by accessing a single, user-friendly platform;

Report to Mayor and City Council Re: Purchase Order 20270000 with Amazon Capital Services, Inc. June 2, 2026 Page 2  Real-Time Spend Visibility: Amazon’s reporting tools provide detailed insights into department spending, helping to improve budget management and accountability;  Streamlined Approval Processes: Built-in approval workflows and spending thresholds help ensure policy compliance and reduce unauthorized purchases;  Availability of Diverse Vendors: Amazon Business allows the City to prioritize purchases from small, minority-owned, women-owned, and other disadvantaged business enterprises; and,  Fast and Reliable Shipping: Many products are eligible for expedited shipping at no additional cost, ensuring timely delivery of critical supplies. This partnership reflects the City’s commitment to innovation, fiscal responsibility, and local economic development while improving service delivery to the community. DISCUSSION This purchase order supports citywide procurement needs based on past usage and expected demand. It will allow departments to continue using Amazon Business to purchase essential goods efficiently, while maintaining fiscal oversight and supporting local and diverse vendors. Staff recommend that City Council approve a purchase order with Amazon Business in the amount of $328,200 for FY 2026-27. FISCAL IMPACT $328,200; Purchase Order 20270000 with Amazon Capital Services will not exceed $328,200 for FY 2026-27. Funds are proposed in the FY 2026-27 Annual Budget in various department Office & Operating and Small Equipment accounts. STRATEGIC PLAN Goal II: Ensure long-term fiscal health of the City and maintain funding for services. A. Manage resources, costs, and liabilities to ensure the City’s long-term fiscal health. This section indicates how the agenda item is relevant to the guiding principles or values of the strategic plan.

Report to Mayor and City Council Re: Purchase Order 20270000 with Amazon Capital Services, Inc. June 2, 2026 Page 3 Prepared by: Janelle Samson, Deputy City Manager Certified as to availability of Funds: Janelle Samson, Deputy City Manager Approved by: Salvador Mendez, City Manager Approved as to form: Alexandra Severino, City Attorney ATTACHMENTS PO 20270000 Amazon Capital Services Inc. Agrmt No. R-TC-17006, Renewal 3 Agrmt No. R-TC-17006, Renewal 2 Agrmt No. R-TC-17006, Renewal 1 Agrmt No. R-TC-17006

PO Line Number Description Org Object Project Account Amt 1 OFFICE & OPERATING SUPPLIES - CITY COUNCIL 10110001 735100 2,000.00$ 2 OFFICE & OPERATING SUPPLIES - CITY MANAGER 10111001 735100 7,500.00$ 5 OFFICE & OPERATING SUPPLIES - CITY CLERK 10112001 735100 3,500.00$ 7 RECORDS MANAGEMENT SUPPLIES 10112201 735100 2,000.00$ 8 OFFICE & OPERATING SUPPLIES - HUMAN RESOURCES 10113001 735100 6,000.00$ 13 OFFICE & OPERATING SUPPLIES - FINANCE 10115001 735100 1,800.00$ 14 EQUIPMENT UNDER $5K & ALL FURNITURE - FINANCE 10115001 739500 1,000.00$ 15 OFFICE & OPERATING SUPPLIES - PURCHASING 10115002 735100 1,000.00$ 17 OFFICE & OPERATING SUPPLIES - COMMUNICATIONS 10117001 735100 2,400.00$ 19 PROGRAM SUPPLIES: HOLIDAY PARTY - GENERAL CITY 10118001 737103 6,500.00$ 20 OFFICE & OPERATING - COMMUNITY PROGRAMS 10119011 737100 6,500.00$ 21 OFFICE & OPERATING SUPPLIES - ADMIN ECONOMIC DEVELOPMENT 10120001 735100 7,000.00$ 24 EQUIPMENT UNDER $5K & ALL FURNITURE - BUILDING SERVICES 10122001 739500 1,000.00$ 32 OFFICE & OPERATING SUPPLIES - COMMUNITY COMPLIANCE 10125601 735100 10,500.00$ 33 OFFICE & OPERATING SUPPLIES - PUBLIC WORKS ADMIN 10131001 735100 4,000.00$ 35 OFFICE & OPERATING SUPPLIES - ENGINEERING 10132001 735100 1,000.00$ 36 UNIFORMS, BUSINESS AND WORK (VARIOUS), MEN AND WOMEN 10132002 707000 900.00$ 37 OFFICE & OPERATING SUPPLIES - PUBLIC WORKS INSPECTIONS 10132002 735100 3,000.00$ 38 EQUIPMENT UNDER $5K & ALL FURNITURE - PW INSPECTIONS 10132002 739500 1,500.00$ 39 SUPPLIES - PARK MAINTENANCE 10133002 732920 500.00$ 40 OFFICE & OPERATING SUPPLIES - PARK MAINTENANCE 10133002 735100 1,200.00$ 42 OFFICE & OPERATING SUPPLIES - LANDSCAPE MAINTENANCE 10133003 735100 100.00$ 44 BUILDING MAINTENANCE - FACILITIES 10133005 732800 1,000.00$ 45 OFFICE & OPERATING SUPPLIES - FACILITIES 10133005 735100 1,500.00$ 47 OFFICE & OPERATING SUPPLIES - PARK ADMIN 10141001 735100 7,500.00$ 48 EQUIPMENT UNDER $5K & ALL FURNITURE - PARK ADMIN 10141001 739500 500.00$ 49 OFFICE & OPERATING SUPPLIES - AIR PARK 10141004 735100 600.00$ 51 OFFICE & OPERATING SUPPLIES - SPECIAL EVENTS (AMPHITHEATER) 10142001 735100 1091 5,500.00$ 52 PUBLIC ART PROGRAM SUPPLIES 10142001 736210 600.00$ 53 PROGRAM SUPPLIES - SPECIAL EVENTS / RECREATIO 10142001 736210 1092 4,500.00$ 54 SPECIAL EVENTS PROGRAM SUPPLIES - (KALEIDOSCOPE) 10142001 736210 1094 9,500.00$ 55 PARKS AND REC 10142001 737100 1093 4,500.00$ 56 PROGRAM SUPPLIES - SPEC EVENTS - VETERANS DAY 10142001 737100 1095 5,000.00$ 57 PROGRAM SUPPLIES - SPEC EVENTS - JULY 4TH 10142001 737109 1089 2,000.00$ 58 PLAYHOUSE 10142002 732601 17,000.00$ 59 OFFICE & OPERATING SUPPLIES - PLAYHOUSE 10142002 735100 5,000.00$ 60 PROGRAM SUPPLIES - PLAYHOUSE 10142002 737134 13,000.00$ 61 PLAYHOUSE EQUIPMENT 10142002 739500 1,000.00$ 62 PROGRAM SUPPLIES - RECREATION PROGRAMS 10144001 736210 14,400.00$ 63 PROGRAM SUPPLIES - AQUATICS 10144002 736210 1,600.00$ 64 OFFICE & OPERATING SUPPLIES - ADULT SPORTS 10144004 735100 1,800.00$ 65 ADULT SPORTS 10144004 736210 1,600.00$ 66 OFFICE & OPERATING SUPPLIES - REC CENTERS 10144005 735100 2,500.00$ 67 PROGRAM SUPPLIES - RECREATION CENTERS 10144005 736210 3,000.00$ 68 EQUIPMENT UNDER $5K & ALL FURNITURE - REC CENTERS 10144005 739500 1,300.00$ 70 OFFICE & OPERATING SUPPLIES - INFORMATION TECHNOLOGY (IT) 15316001 735100 4,500.00$ 71 EQUIPMENT UNDER $5K & ALL FURNITURE - INFORMATION TECHNOLOGY 15316001 739500 26,500.00$ 74 FLEET MAINTENANCE & REPAIR SUPPLIES 15433006 732600 1,000.00$ 75 SUPPLIES EQUIPMENT FUEL & OIL - FLEET 15433006 734100 500.00$ 76 PROGRAM SUPPLIES - SAVES 15719012 737183 1,000.00$ 77 SENIOR CENTER 15741003 735100 3,500.00$ 78 SENIOR CENTER 15741003 736210 1,300.00$ 79 PARKS AND RECREATION 15742001 737100 17,000.00$ 80 PROGRAM SUPPLIES - SPECIAL EVENTS - HOSTED EVENTS 15742001 737100 1099 500.00$ 83 OFFICE & OPERATING SUPPLIES - TS MAINTENANCE 20733009 735100 2,000.00$ 84 OFFICE & OPERATING SUPPLIES - TRAFFIC ENGINEERING 20732004 735100 1,800.00$ 86 OFFICE & OPERATING SUPPLIES - STREET MAINTENANCE 20733001 735100 3,300.00$ 87 STREET MAINTENANCE MATERIALS 21433001 738400 1,500.00$ 88 EQUIPMENT UNDER $5K - STREET MAINTENANCE 20733001 739500 1,500.00$ 89 OFFICE & OPERATING SUPPLIES - LANDSCAPE MAINTENANCE 25133003 735100 3610 1,000.00$ 90 EQUIPMENT UNDER $5K - LANDSCAPE 25133003 739500 3610 400.00$ 91 OFFICE & OPERATING SUPPLIES - SEWER 25433004 735100 2412 2,500.00$ Purchase Order 20270000 / Amazon Capital Services, Inc.

PO Line Number Description Org Object Project Account Amt Purchase Order 20270000 / Amazon Capital Services, Inc. 92 EQUIPMENT UNDER $5K - SEWER MAINTENANCE 25433004 739500 2412 1,000.00$ 93 PUBLIC WORKS 26034001 735100 500.00$ 94 OFFICE & OPERATING SUPPLIES - MAND COSTS 29364002 735100 2,400.00$ 95 WATERPARK 30041005 732800 6,500.00$ 96 OFFICE & OPERATING SUPPLIES - WATER PARK 30041005 735100 4,500.00$ 97 OFFICE & OPERATIONS - DRYTOWN/WATERPARK 30041005 737140 6,000.00$ 98 OFFICE & OPERATING SUPPLIES - PALMDALE CCA 35028001 735100 1,000.00$ 99 OFFICE AND OPERATING - AQUATICS 10144002 735100 2,400.00$ 101 SPECIAL EVENT EQUIP UNDER $5K 10142001 736210 1091 3,000.00$ 102 CONCERT SUPPLIES 10142001 735100 1088 3,700.00$ 103 Supplies 10142001 739500 1091 6,000.00$ 104 Supplies 10142001 736235 1088 2,000.00$ 107 Fight Fentanyl Campaign Supplies 10111001 737220 1,500.00$ 108 Supplies 10142001 737110 1088 1,500.00$ 114 DRYTOWN 30041005 722330 3,000.00$ 115 TRAFFIC SIGNAL SUPPLIES 20733009 739500 2,000.00$ 116 OFFICE & OPERATING SUPPLIES - AQUATICS 10141006 735100 1,000.00$ 117 OFFICE & OPERATING SUPPLIES - AQUATICS 10141006 732600 3,000.00$ 118 OFFICE AND OPERATION C.P.P. PROGRAM SUPPLIES 15733008 737100 1,000.00$ 119 PUBLIC SAFETY PROGRAM SUPPLIES 10125601 737100 4,000.00$ 122 PARKS 10119011 735100 800.00$ 123 Concessions/Lobby 10142002 737131 4,000.00$ 124 OFFICE AND OPERATING SUPPLIES - CITYWIDE B&S 10122001 739400 400.00$ 125 SPECIAL EVENTS - PUMPKIN PATCH 15761101 737133 1209 10,000.00$ 126 PW CIP 10131004 735100 2,000.00$ 127 Supplies 10164006 782902 300.00$ 131 Headphones 15014101 735100 900.00$ 132 OFFICE SUPPLIES - PARK AND REC 10124001 735100 1,000.00$ 133 Furniture purchase 10112201 739500 500.00$ 134 MISC FOR X-MAS PARTY 71015902 737302 300.00$ 135 misc equipment 10115002 739500 400.00$ 138 CIP PPE ACCOUNT 10131004 722440 500.00$ 139 OFFICE AND OPERATING SUPPLIES 15719012 735100 3,000.00$ 140 CONT SVCS-MARKETING & PROMO 10161101 722330 2,500.00$ TOTAL PO 20270000 328,200.00$

Docusign Envelope ID: B6833C59-F5B7-4587-B244-A187C16DAADF CC STC 00380758 2025 TR August 21, 2025 Amazon.com Services LLC (Amazon Business) Brett Tuson 410 Terry Avenue North, Seattle, WA 98109-5210 CONTRACT RENEWAL #3 Re: Contract Renewal #3 Contract #R-TC-17006 – On-line Marketplace for Purchases of Products and Services Dear Mr. Tuson: This is to advise you that Prince William County Public Schools (PWCS) desires to renew the referenced contract for an additional two-year period in accordance with the "Contract Term" clause in the Contract. The current contract will expire on January 18, 2026. Please advise me if you desire to renew the contract and prices in accordance with the terms of the contract by signing and returning this Contract Renewal form no later than September 4, 2025. If you have any questions on this matter, please contact me by phone at 703-791-8744 or via email at bakerax@pwcs.edu. Sincerely, Angie Baker, VCA Buyer ============================================================================= Acceptance Agreement It is mutually agreed that the above-mentioned contract is renewed for the period of January 19, 2026 to January 18, 2028 and all terms and conditions in the original solicitation and contract shall remain the same. Renew Contract: Yes: X No: Rates to Remain the Same: Yes: X No: If no, attach explanation and revised rates. Revised rates shall be effective on January 18, 2026, upon PWCS signature below. Vendor: PWCS: Legally Authorized Signature Legally Authorized Signature Brett Tuson, Authorized Signatory Colleen Keener, NIGP-CPP, CPPB, CPCP, VCO, VCA Print Name & Title Supervisor of Purchasing Date: September 4, 2025 Date: PROCUREMENT P.O. BOX 389, MANASSAS, VA 20108 •WWW.PWCS.EDU• 703.791.8743, FAX 703.791.8610Sep 9, 2025

Docusign Envelope ID: B6833C59-F5B7-4587-B244-A187C16DAADF Signature: Brian HallBrian Hall (Aug 21, 2025 14:38:35 EDT) Email: hallbm@pwcs.edu CC STC 00380758 2025 TR

Created: 2025-08-21 By: Angela Baker (BAKERAX@pwcs.edu) Status: Signed Transaction ID: CBJCHBCAABAAxDUeObxcyg0ViZlL9MaCj2rhmpfgCJoc Docusign Envelope ID: B6833C59-F5B7-4587-B244-A187C16DAADF Renewal 3 - R-TC-17006 - Amazon Final Audit Report 2025-08-21 "Renewal 3 - R-TC-17006 - Amazon" History Document created by Angela Baker (BAKERAX@pwcs.edu) 2025-08-21 - 6:28:02 PM GMT- IP address: 204.122.110.251 Document emailed to Brian Hall (hallbm@pwcs.edu) for signature 2025-08-21 - 6:28:49 PM GMT Email viewed by Brian Hall (hallbm@pwcs.edu) 2025-08-21 - 6:38:06 PM GMT- IP address: 104.47.70.126 Document e-signed by Brian Hall (hallbm@pwcs.edu) Signature Date: 2025-08-21 - 6:38:35 PM GMT - Time Source: server- IP address: 204.122.110.142 Agreement completed. 2025-08-21 - 6:38:35 PM GMT CC STC 00380758 2025 TR

Renewal 3 - R-TC-17006 - Amazon - vendor signed Final Audit Report 2025-09-09 Created: 2025-09-08 By: Angela Baker (BAKERAX@pwcs.edu) Status: Signed Transaction ID: CBJCHBCAABAA7xgVXblBEs9sOMCCmhetKUrGrlEFJV05 "Renewal 3 - R-TC-17006 - Amazon - vendor signed" History Document created by Angela Baker (BAKERAX@pwcs.edu) 2025-09-08 - 2:40:48 PM GMT- IP address: 204.122.110.142 Document emailed to Brian Burtner (burtneba@pwcs.edu) for signature 2025-09-08 - 2:41:20 PM GMT Email viewed by Brian Burtner (burtneba@pwcs.edu) 2025-09-09 - 2:49:30 PM GMT- IP address: 204.122.110.162 Document e-signed by Brian Burtner (burtneba@pwcs.edu) Signature Date: 2025-09-09 - 2:49:58 PM GMT - Time Source: server- IP address: 204.122.110.162 Agreement completed. 2025-09-09 - 2:49:58 PM GMT

City Council Staff Report DATE: JUNE 2, 2026 TO: HONORABLE MAYOR AND CITY COUNCIL FROM: ECONOMIC AND COMMUNITY DEVELOPMENT DEPARTMENT PLANNING DIVISION DISTRICT: ALL SUBJECT: APPROVE 33 NON-PROFIT ORGANIZATIONS, INCLUDING THEIR PROPOSED LOCATIONS FOR FIREWORKS STANDS, AND RECOMMEND PERMIT ISSUANCE RECOMMENDATION Staff recommend that the City Council: 1. Approve 33 non-profit organizations, including their proposed locations for