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Home My WebLink About2019-04-16 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 16, 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. Staff and the Utilities Advisory Commission Recommend the City Council Adopt: (1) a Resolution Approving the Fiscal Year 2020 Water Utility Financial Plan; and (2) a Resolution Increasing Water Rates by 1 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) 2. Staff and the Utilities Advisory Commission Recommends the City Council Adopt: (1) a Resolution Approving the Fiscal Year 2020 Wastewater Collection Financial Plan; and (2) a Resolution Increasing Wastewater Rates by 7 Percent by Amending Rate Schedules S-1 (Residential Wastewater Collection and Disposal), S-2 (Commercial Wastewater Collection and Disposal), S-6 (Restaurant Wastewater Collection and Disposal), and S-7 (Commercial Wastewater Collection and Disposal – Industrial Discharger) 3. Recommendation That the Finance Committee Recommends the City Council Adopt a Resolution Amending Utility Rate Schedule D-1 (Storm and Surface Water Drainage) Increasing the Storm Water Management 2 April 16, 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. Fee by 4.5 Percent to $14.68 Per Month per Equivalent Residential Unit for Fiscal Year 2020 4. Finance Committee Review and Input on the Palo Alto Transportation Management Association (TMA) Strategic Plan and Funding Request Future Meetings and Agendas Adjournment 1 FY 2020 Electric Financial Plan and Rate Proposals - Utilities 2 FY 2020 Gas Financial Plan and Rate Proposals - Utilities 3 FY 2020 PROPOSED Operating/Capital Budgets - ASD 4 FY 2020 Municipal Fee Hearings - ASD 5 Review recommended workplan for in-depth Municipal Fee review, follow-up from 2018 - ASD May 28 1pm - 5pm 6 FY 2020 Budget Wrap-up - ASD June 4 7 3rd Quarter Financials - ASD Finance Committee Items Tentatively Scheduled May 15 & 23 1pm - 8pm Meeting Date TitleLine No. Referral Date 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.