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HomeMy WebLinkAbout2019-04-02 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 2, 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. Recommendations on Proposed Fiscal Year 2019-20 Community Development Block Grant (CDBG) Funding Allocations and the Draft Fiscal Year 2019-20 Annual Action Plan 2. Preliminary Rate Changes for the Electric and Gas Utilities for Fiscal Year 2020 3. Discussion With the Finance Committee on Fiscal Year (FY) 2020 Budget Materials 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 2, 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 Tentatively Scheduled April 16 5:30pm 1 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 2 FY2020 Water Financial Plan and Rate Proposals - Utilities 3 FY2020 Wastewater Collection Financial Plan and Rate Proposals - Utilities May 15 & 23 1pm - 8pm 4 FY 2020 Electric Financial Plan and Rate Proposals - Utilities 5 FY 2020 Gas Financial Plan and Rate Proposals - Utilities 6 FY 2020 PROPOSED Operating/Capital Budgets - ASD 7 FY 2020 Municipal Fee Hearings - ASD 8 Review recommended workplan for in-depth Municipal Fee review, follow-up from 2018 ASD May 28 1pm - 5pm 9 FY 2020 Budget Wrap-up - ASD June 4, 2019 10 3rd Quarter Financials - ASD