HomeMy WebLinkAbout2019-03-19 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, March 19, 2019
Special Meeting
Community Meeting Room
5:30 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. Preliminary Financial Forecasts and Rate Changes for Wastewater
Collection and Water Utilities for Fiscal Year 2020
2. Approval of the 2019 Workplan to Address the City Council Priority,
“Fiscal Sustainability” and Update Regarding the Fiscal Year (FY) 2019
Adopted Budget Referral to Identify $4 Million in General Fund Savings
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 March 19, 2019
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 to be Scheduled
Tentative
Meeting Date
Line
No. Item Title Referral
Date
April 2
5:30pm
1 FY2020 Preliminary Electric and Gas Forecasts - Utilities
2 FY2019/20 – CDBG Allocations - Planning
3
April 16
5:30pm
4 3rd Quarter Financials - Administrative Services
Department
5
Adoption of a Resolution Amending Utility Rate Schedule
D-1 (Storm and Surface Water Drainage) Increasing the
Storm Water Management Fee by 4.5 Percent to $14.68
Per Month Per Equivalent Residential Unit for Fiscal Year
2020 - Public Works
6 FY2020 Water Financial Plan and Rate Proposals -
Utilities
7 FY2020 Wastewater Collection Financial Plan and Rate
Proposals - Utilities
May 14 & 15
9am - 5pm
8 FY 2020 Electric Financial Plan and Rate Proposals -
Utilities
9 FY 2020 Gas Financial Plan and Rate Proposals - Utilities
10 FY 2020 PROPOSED Operating/Capital Budgets - Utilities
11 FY 2020 Municipal Fee Hearings - (ASD)
12 Review recommended workplan for in-depth Municipal Fee
review, follow-up from 2018 (ASD)
May 21
1pm - 5pm 13 FY 2020 Budget Wrap-up (ASD)