HomeMy WebLinkAbout2018-04-17 Finance Committee AgendasFinance 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, April 17, 2018
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 12 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/Community Meeting 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. Adoption of a Resolution Amending Utility Rate Schedule D-1 (Storm
and Surface Water Drainage) Increasing the Storm Water Management
Fee by 2.9 Percent to $14.05 Per Month Per Equivalent Residential Unit
for Fiscal Year 2019
2. Utilities Advisory Commission Recommendation that the City Council
Adopt: (1) a Resolution Approving the Fiscal Year 2019 Water Utility
Financial Plan; and (2) a Resolution Increasing Water Rates by 4
Percent by 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 (Continued From April 3, 2018)
3. Review of Initial Public Opinion Survey Results Regarding Potential
2018 Ballot Measure to Address the Funding Gap for the 2014
Infrastructure Plan, Discussion of Next Steps for Addressing the
Funding Gap, and Potential Recommendation to Council Regarding
Refinement of Survey Elements and Objectives for a Follow-up Survey
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.
2 April 17, 2018
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
5/15/2018
9am ‐ Day
Meeting
Proposed FY 19 Budget Hearings
5/16/2018
9am ‐ Day
Meeting
Proposed FY 19 Budget Hearings
5/23/2018
9am ‐ Day
Meeting
Proposed FY 19 Budget Hearing Wrap‐Up
5/30/2018
6pm
Finance Committee Review of Survey Results and
Recommendation on Placing Measure on Ballot (late packet
distribution)
6/5/2018 No Agenda as of yet
6/19/2018 No Agenda as of yet
Finance Committee Items to be Scheduled
Referral
Date Line No. Item Title Status
1 Pension Policies TBD
2
Transparency Colleagues Memo
FC to
Schedule