HomeMy WebLinkAbout2016-05-17 Finance Committee Action MinutesSpecial Meeting
Tuesday, May 17, 2016
Chairperson Filseth called the meeting to order at 6:04 P.M. in the Council Chambers, 250 Hamilton Avenue, Palo Alto, California.
Present: Filseth (Chair), Holman arrived at 6:54 P.M., Schmid, Wolbach
Absent:
Oral Communications
None.
Action Items
Staff Responses to Committee Questions From Budget Hearing Meetings.
NO ACTION TAKEN
3. Utilities Overview, Operating Budget. pp. 403-410
Electric Fund
Operating Budget pp. 411-424
Capital Budget pp. 343-434
MOTION: Council Member Schmid moved, seconded by Chair Filseth to tentatively approve the Electric Fund Operating and Capital Budget and to also include the addition of $150,000 for
the Facility Relocation for Caltrain Modernization Project in the final recommended FY 2017-2021 CIP with corresponding decreases in the Distribution Reserve in the Electric Fund.
MOTION PASSED: 3-0 Holman absent
Fiber Optics Fund
Operating Budget pp. 425-431
Capital Budget pp. 435-454
MOTION: Council Member Schmid moved, seconded by Chair Filseth to tentatively approve the Fiber Optics Fund Operating and Capital Budget.
MOTION PASSED: 3-0 Holman absent
Gas Fund
Operating Budget pp. 432-443
Capital Budget pp. 445-490
MOTION: Council Member Wolbach moved, seconded by Council Member Schmid to tentatively approve the Gas Fund Operating and Capital Budget.
MOTION PASSED: 3-0 Holman abstained
Wastewater Collection Fund
Operating Budget pp. 444-453
Capital Budget pp. 519-550
MOTION: Council Member Schmid moved, seconded by Council Member Holman to tentatively approve the Wastewater Collection Fund Operating and Capital Budget.
MOTION PASSED: 3-0 Wolbach absent
Water Fund
Operating Budget pp. 454-466
Capital Budget pp. 581-626
MOTION: Council Member Schmid moved, seconded by Council Member Wolbach to tentatively approve the Water Fund Operating and Capital Budget.
MOTION PASSED: 4-0
2. General Fund Capital.
Buildings and Facilities, Capital Budget pp. 95-176
MOTION: Chair Filseth moved, seconded by Council Member Holman to tentatively approve the Buildings and Facilities Capital Budget, and to place in the parking lot the construction costs
for the Municipal Service Center Lighting, Mechanical and Electrical Improvements and the Municipal Service Center A,B and C Roof Replacement.
MOTION PASSED: 3-1 Wolbach no
Parks and Open Space, Capital Budget pp. 177-242
MOTION: Council Member Holman moved, seconded by Chair Filseth to tentatively approve the Parks and Open Space Capital Budget including the addition of the corrected funding levels
for the Art in Public Spaces Capital Projects as outlined by Staff, and to place in the parking lot the Ramos Park Improvements.
MOTION PASSED: 4-0
Streets and Sidewalks, Capital Budget pp. 243-262
MOTION: Council Member Holman moved, seconded by Chair Filseth to tentatively approve the Streets and Sidewalks Capital Budget and add the following language to the description of the
Street Lights Improvement Project: “to preserve and repair at sensitive locations and settings.”
MOTION PASSED: 4-0
Council Member Schmid left the meeting at 9:41 PM
Traffic and Transportation, Capital Budget pp. 263-300
MOTION: Council Member Holman moved, seconded by Chair Filseth to tentatively approve the Traffic and Transportation Capital Budget, and to place in the parking lot the Downtown Parking
Wayfinding Project.
MOTION PASSED: 2-1 Wolbach no, Schmid absent
Cubberley Infrastructure, Capital Budget pp. 305-324
MOTION: Chair Filseth moved, seconded by Council Member Wolbach to tentatively approve the Cubberley Infrastructure Capital Budget and to recommend the Cubberley Infrastructure Master
Plan go to the Parks and Recreation Commission for Review.
MOTION PASSED: 3-0 Schmid absent
4. Utilities Advisory Commission Recommendation That the Finance Committee Recommend the City Council Adopt: 1) Resolution Approving the Fiscal Year 2017 Electric Financial Plan and
Amending the Electric Utility Reserves Management Practices, and 2) Resolution Increasing Electric Rates by 11 Percent Effective July 1, 2016 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, and E-16 Rate Schedules, and Repealing Rate Schedules E-18 and E-18-G.
MOTION: Chair Filseth moved, seconded by Council Member Wolbach to recommend the City Council:
Adopt a resolution amending the Electric Utility Reserve Management Practices and approving the Fiscal Year (FY) 2017 Electric Financial Plan; and
Adopt a resolution amending Rate Schedules E-1 (Residential Electric Service), E-2 (Small Commercial Electric Service), E-2-G (Small Commercial Green Power Electric Service), E-4 (Medium
Commercial Electric Service), E-4-G (Medium Commercial Green Power Electric Service), E-4 TOU (Medium Commercial Time of Use Electric Service), E 7 (Large Commercial Electric Service),
E-7-G (Large Commercial Green Power Electric Service), E 7 TOU (Large Commercial Time of Use Electric Service), E-14 (Street Lights), and E-16 (Unmetered Electrical Service) and Repealing
Rate Schedules E-18 (Municipal Electric Service) and E-18-G (Municipal Green Power Electric Service).
MOTION PASSED: 3-0 Schmid absent
5. Utilities Advisory Commission Recommendation That the Finance Committee Recommend the City Council Adopt: (1) Resolution Approving the Fiscal Year 2017 Gas Utility Financial Plan;
and (2) Resolution Increasing Gas Rates by Amending Rate Schedules G-1 (Residential Gas Service), G-1-G (Residential Green Gas Service), G-2 (Residential Master-Metered and Commercial
Gas Service), G-2-G (Residential Master-Metered and Commercial Green Gas Service), G-3 (Large Commercial Gas Service), G-3-G (Large Commercial Green Gas Service), G-10 (Compressed Natural
Gas Service) and G-10-G (Compressed Natural Green Gas Service).
MOTION: Council Member Wolbach moved, seconded by Chair Filseth to recommend the City Council:
Adopt a resolution approving the Fiscal Year (FY) 2017 Gas Utility Financial Plan; and
Adopt a resolution increasing gas rates by amending Rate Schedules G-1 (Residential Gas Service), G-1-G (Residential Green Gas Service), G-2 (Residential Master-Metered and Commercial
Gas Service), G 2-G (Residential Master-Metered and Commercial Green Gas Service), G-3 (Large Commercial Gas Service), G-3-G (Large Commercial Green Gas Service), G-10 (Compressed Natural
Gas Service Service) and G- 10-G (Compressed Natural Green Gas Service)
MOTION PASSED: 3-0 Schmid absent
6. Utilities Advisory Commission Recommendation That the Finance Committee Recommend the City Council Adopt a Resolution Adopting a Net Energy Metering Successor Rate E-EEC-1 (Export
Electricity Compensation), Establishing the Net Energy Metering Transition Policy, and Amending Rule and Regulation 2 (Definitions and Abbreviations) and 29 (Net Energy Metering and
Interconnection).
MOTION: Council Member Wolbach moved, seconded by Chair Filseth to recommend the City Council adopt a resolution Adopting a Net Energy Metering (NEM) Successor Rate, EEEC-1 (“Export
Electricity Compensation”, Attachment B); Establishing the NEM Transition Policy; and, Amending Utilities Rule and Regulation 2 (“Definitions and Abbreviations”, Attachment C-1) and
29 (“Net Energy Metering and Interconnection”, Attachment C-2).
MOTION PASSED: 3-0 Schmid absent
Future Meetings and Agendas
None.
Adjournment: The meeting was adjourned at 10:16 P.M.
ACTION MINUTES
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Finance Committee Action Minutes
May 17, 2016
FINANCE COMMITTEE
ACTION MINUTES
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