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HomeMy WebLinkAbout2015-03-17 Finance Committee Agendas Finance Committee Tuesday, March 17, 2015 Special Meeting Council Chambers 6:00 PM Agenda posted according to PAMC Section 2.04.070. Supporting materials are available in the Council Chambers on the Thursday preceding the meeting. PUBLIC COMMENT Members of the public may speak to agendized items. If you wish to address the Committee on any issue that is on this agenda, please complete a speaker request card located on the table at the entrance to the Council Chambers/Council Conference Room, and deliver it to the Clerk prior to discussion of the item. You are not required to give your name on the speaker card in order to speak to the Committee, but it is very helpful. Call to Order Oral Communications Action Items 1. Proposed Fiscal Year 2015/2016 Community Development Block Grant Funding Allocation; Draft 2015-2020 Consolidated Plan and Draft 2015/2016 Action Plan 2. Utilities Advisory Commission Recommendation that Council Continue the Palo Alto Clean Local Energy Accessible Now (CLEAN) Program at the Rate of 16.5 Cents per Kilowatt-hour for Solar Resources for a 20- Year Contract and a Program Cap of 3 Megawatts, and Add a 25-Year Contract Term Option; Staff Recommendation that Council Expand CLEAN Program Eligibility to Non-Solar Renewable Energy Resources with a Rate Equal to their Avoided Cost for 20- and 25-year Contracts and Program Cap of 3 Megawatts; and Approval of Amended CLEAN Program Power Purchase Agreement 3. Review of the Assessment Results of the Enterprise Resource Planning (ERP) Needs and Consideration of the Staff Recommendation to Plan for the Acquisition of a New Integrated Government-oriented ERP System and Separate Provisioning of Billing Systems. 1 MATERIALS RELATED TO AN ITEM ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL AFTER DISTRIBUTION OF THE AGENDA PACKET ARE AVAILABLE FOR PUBLIC INSPECTION IN THE CITY CLERK’S OFFICE AT PALO ALTO CITY HALL, 250 HAMILTON AVE. DURING NORMAL BUSINESS HOURS. Future Meetings and Agendas Adjournment AMERICANS WITH DISABILITY ACT (ADA) Persons with disabilities who require auxiliary aids or services in using City facilities, services or programs or who would like information on the City’s compliance with the Americans with Disabilities Act (ADA) of 1990, may contact (650) 329-2550 (Voice) 24 hours in advance. of Items Requested by the Finance Committee Status of Items Requested by the Finance Committee Referral Date Item Title Status 2011 Debt Service Policy Update (ASD) In Process Staff to return with an updated policy 2013 Police Services Utilization and Resources Study (PD) Pending 2014 Utilities Department Organizational Assessment (ASD/UTL) Pending Return with an update on the status of organizational assessment recommendations Finance Committee Items Tentatively Scheduled Meeting Date Item Title 4/7/2015 Council adoption of a Resolution Approving the Fiscal Year 2016 Water Utility Financial Plan and Amending the Water Utility Reserve Management Practices and a Resolution Amending Rate Schedules W-1 (General Residential Water Service), W-2 (Water Service from Fire Hydrants), W-3 (Fire Service Connections), W-4 (Residential Master-Metered and General Non-Residential Water Service), and W-7 (Non-Residential Irrigation Water Service) (Utilities) The Finance Committee Recommend that the City Adopt a Resolution Approving the Fiscal Year 2016 Wastewater Collection Financial Plan and Amending the Wastewater Collection Utility Reserve Management Practices, and a Resolution Amending Rate Schedules S-1 (Domestic Wastewater Collection and Disposal), S-2 (Commercial Wastewater Collection and Disposal), S-6 (Restaurant Wastewater Collection and Disposal) and S-7 (Commercial Wastewater Collection and Disposal – Special Discharge) (Utilities) Overview of July 1, 2016 Rate Proposals (this is a joint UTL/PW report) Adoption of a Resolution Amending Utility Rate Schedule D-1 (Storm and Surface Water Drainage) Reflecting a 2.7% CPI Rate Increase to $12.63 Per Month Per Equivalent Residential Unit for Fiscal Year 2016 (Public Works) Council Adoption of a Resolution Amending the R-1 Residential Refuse Rates for Fiscal Year 2016 (Public Works) 4/21/2015 HSRAP (CSD) Animal Shelter Follow-up (CM/Aud) Gas Financial Plans (Utilities) Electric Financial Plans (Utilities) FY 2016-2025 General Fund Long Range Financial Forecast and FY 2014 CAFR Review (ASD) 2 March 17, 2015 MATERIALS RELATED TO AN ITEM ON THIS AGENDA SUBMITTED TO THE CITY COUNCIL AFTER DISTRIBUTION OF THE AGENDA PACKET ARE AVAILABLE FOR PUBLIC INSPECTION IN THE CITY CLERK’S OFFICE AT PALO ALTO CITY HALL, 250 HAMILTON AVE. DURING NORMAL BUSINESS HOURS.