HomeMy WebLinkAbout2015-05-26 Finance Committee AgendasFinance Committee
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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.
Tuesday, May 26, 2015
Special Meeting
Council Chambers
12:00 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.General Fund Capital 12:00-1:45
a.Buildings and Facilities, Capital Budget pp. 95-159
b.Parks and Open Space, Capital Budget pp. 163-223
c.Streets and Sidewalks, Capital Budget pp. 225-243
d.Traffic and Transportation, Capital Budget pp. 247-261
e.Cubberley Infrastructure, Capital Budget pp. 265-275
2.Palo Alto Animal Services 1:45-2:15
3.Wrap-Up 2:15-4:00
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.
REVISED
Budget Wrap-Up Memo
**Proposed Operating Budget**
**Proposed Capital Budget**
2 May 26, 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.
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
Please see Budget Hearing schedule
6/2/2015 Finance Committee Meeting - Cancelled
6/16/2015
Amendment of Municipal Code Section 2.28.080 titled Amendments after
Adoption regarding City Council Approval of Budget Amendments (ASD)
Staff Recommendation that the City Council Adopt 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) to Add Drought Surcharges and Increase
Rates 4% Effective September 1, 2015 (Utilities)
8/18/2015 FY2015 Third Quarter Financial Report (ASD)
9/1/2015
Strategies to Reduce the City's Long-term Pension and Retiree Health Care Plans
Unfunded Liabilities (ASD)
GASB 68 (ASD)