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HomeMy WebLinkAbout2018-09-18 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, September 18, 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. Public comment may be addressed to the full Finance Committee via email at City.Council@cityofpaloalto.org. Call to Order Oral Communications Members of the public may speak to any item NOT on the agenda. Action Items 1. Discuss and Confirm the Workplan to Address the City Council Fiscal Year 2019 Adopted Budget Referral to Identify $4 Million in General Fund Savings 2. Accept California Public Employees’ Retirement System (CalPERS) Pension Annual Valuation Reports as of June 30, 2017 and Review and Confirm Pension Funding and Reporting Policy Guidelines 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 September 18, 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 10/2/2018 1 Meeting Tentatively Cancelled 10/16/2018 2 Muni Fees: Police, CSD, & Special Events Fees; Muni Fee Cost Recovery Policy (ASD) Reimbursement Resolution for Revenue Bonds for the Regional Water Quality Control Plant (Public Works) 3 Electric Integrated Resource Plan (Utilities) 4 Staff and the Utilities Advisory Commission Recommend that Council Accept the Utilities Smart Grid Assessment and Utilities Technology Implementation Plan, Including Advanced Metering Infrastructure-Based Smart Grid Systems to Serve Electricity, Water, and Natural Gas Utility Customers (Utilities) 11/6/2018 6 Meeting Cancelled (November date to be determined) 11/20/2018 7 Meeting Cancelled (November date to be determined) 12/4/2018 8 No agenda as of yet Finance Committee Items to be Scheduled Referral Date Line No. Item Title Status 9 HSRAP Allocation (CSD) 10 FY18 Comprehensive Annual Financial Report (CAFR) 11 FY2020 - FY2029 Long Range Financial Forecast (LRFF) (Administrative Services Department)