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HomeMy WebLinkAbout2019-05-15 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. Wednesday, May 15, 2019 Special Meeting Community Meeting Room 1:00 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 Page #s 1:00 – 2:30 PM 1.Fiscal Year (FY 2020) Proposed Budget Overview and Non-Departmental Section O: 447 2:30 – 4:00 PM 2.Placemaking and Infrastructure: Utilities Department- Operating and Capital a)Electric Fund i.Utilities Advisory Commission Recommendation That the City Council Adopt: 1) a Resolution Approving the Fiscal Year 2020 Electric Financial Plan, and 2) a Resolution Increasing Electric Rates by 8 Percent by Amending the E-1, E-2, E-2-G, E-4, E-4-G, E-4 TOU, E-7, E-7-G, E-7 TOU, E-14, E-EEC and E-NSE Rate Schedule b)Fiber Optics Fund c)Gas Fund i.Utilities Advisory Commission Recommendation That the City Council Adopt: 1) a Resolution Approving the Fiscal Year 2020 Gas Utility Financial Plan; and 2) a Resolution Increasing Gas Rates by Amending Rate Schedules G-1 (Residential Gas Service), G-2 (Residential Master-Metered and Commercial Gas Service), G-3 (Large Commercial Gas Service), and G-10 (Compressed Natural Gas Service) O: 391, C: 337 O: 405, C: 429 O: 413, C: 445 Proposed Capital Budget Proposed Operating Budget MEMO 2 May 15, 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. 4:00 – 5:15 PM 5:15 – 6:15 PM 6:15 – 7:15 PM 7:15 – 8:00 PM d)Wastewater Collection Fund e)Water Fund 3.Placemaking and Infrastructure: Planning, Development Services, and Office of Transportation- Operating Budgets a)Other Special Revenue Funds Dinner Break 4.Internal Service Departments: Administrative Services, Human Resources, and Information Technology- Operating and Capital Budgets 5.City Council Appointed Officials: Attorney, Auditor, City Clerk, City Manager, and City Council- Operating Budgets Page #s O: 425, C: 501 O: 434, C: 557 O: 283, O: 295 O: 173, 227 C: 609 O: 121 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. MEMO MEMO