HomeMy WebLinkAbout2016-03-01 Finance Committee Agendas Finance Committee
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.
Tuesday, March 1, 2016
Special Meeting
Community Meeting Room
6:00 PM
Agenda posted according to PAMC Section 2.04.070. Supporting materials are available in
the Council Chambers on the Thursday 10 days 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
Members of the public may speak to any item NOT on the agenda.
Action Items
1.Receipt of Library Bond Oversight Committee Quarterly Reports,
Discussion and Recommendation to Council Regarding use of
Remaining Library Bond Funds and Decommissioning of the Library
Bond Oversight Committee
2.Finance Committee Review and Recommendation to the City Council
Regarding Adoption of a Budget Amendment for Fiscal Year 2016 to
Adjust Budgeted Revenues and Expenditures in Accordance With the
Recommendations in the FY 2016 Midyear Budget Review Report
3.Introduction and Discussion of the Draft Fiscal Analysis of the City of
Palo Alto 2030 Comprehensive Plan Update (Staff requests this item be
moved to March 15, 2016)
4.Preliminary Financial Forecasts and Rate Changes for Electric, Gas,
Wastewater Collection, and Water Utilities for Fiscal Year 2017
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
2 March 1, 2016
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.
Finance Committee Items Tentatively Scheduled
Meeting
Date
Line
No. Item Title Referral
Date
3/15/16 1 Discussion of Usage and Replacement of Pool Vehicles
(Public Works)
4/5/16
2
Recommendations on Proposed Fiscal Year 2017
Community Development Block Grant Funding
Allocations (CDBG) and the Draft Fiscal Year 2017 Annual
Action Plan (PLN)
3 Unfunded Pension Liability and Potential Funding
Options (ASD)
4/19/16
4 Water Financial Plan and Rate Adjustment (UTL)
5 Wastewater Financial Plan and Rate Adjustments (UTL)
6 Proposed FY2017 Storm Drain Rates (PW)
7 Budget Scenarios for the Junior Museum and Zoo
Initiative to Construct a New Building (CSD)
Finance Committee Items to be Scheduled
Referral
Date
Line
No. Item Title Status
2013 8 Police Services Utilization and Resources Study (Police)
To be
scheduled
in 2016
9
Consideration of stronger encroachment fees for
construction that impact portions or all of a city street or
sidewalk (Public Works)
10
Cubberley Center Master Plan: Additional Information and
a Timeline for the Site (requested by the FC) (City
Manager)
11
Discussion of changes to the Public Art Ordinance to
Simplify the Calculation of the Public Art Fee (Community
Services)
Part of Public
Art Master
Plan. Council
April 18th