HomeMy WebLinkAbout2022-05-10 Finance Committee Action MinutesFINANCE COMMITTEE
ACTION MINUTES
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Materials related to an item on this agenda submitted to the Finance Committee after distribution of the agenda
packet are available for public inspection in the city’s website at www.cityofpaloalto.org
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Special Meeting
May 10, 2022
The Finance Committee of the City of Palo Alto met on this date at the Community
Meeting Room and via virtual teleconference at 9:00 A.M.
Present: DuBois (Chair), Filseth, Kou
Absent: None
ORAL COMMUNICATIONS
ACTION ITEMS
1) Fiscal Year 2023 Budget Process Overview
ACTION: None
2) Infrastructure and Environment: Capital Improvement Program, Capital
Fund Projects
a) Capital Improvement Fund
b) Cubberley Capital Improvement Plan
MOTION by Council Member Council Member DuBois, second by Vice
Mayor Vice Mayor Kou to ask for an additional information for how to
consolidate the Ownership of the alley.
MOTION PASSED: 3-0
TENTATIVE MOTION by Council Member DuBois, seconded by Council
Member Filseth to approve the Capital Improvement Plan and the Cubberly Capital Improvement Plan.
MOTION PASSED: 3-0
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Finance Committee Special Meeting May 10, 2022
The Committee adjourned for lunch at 12:00 and reconvened at 1:00 PM
3) Infrastructure and Environment: Capital Improvement Program
(Cont’d.), Enterprise Fund Projects & Internal Service Fund Projects
a) Information Technology
i) Technology Fund
TENTATIVE MOTION Council Member DuBois seconded by Vice Mayor
Kou to approve the Information Technology budget as presented.
MOTION PASSED: 3-0
b) Public Works
i) Airport Fund [Public Works]
ii) Stormwater Management Fund [Public Works]
iii) Wastewater Treatment Fund [Public Works]
iv) Vehicle Replacement Fund
TENTATIVE MOTION by Council Member Filseth, seconded by Vice Mayor Kou to approve the Vehicle Replacement Fund proposed budget.
MOTION PASSED: 3-0
TENTATIVE MOTION by Council Member DuBois seconded Council
Member Filseth to approved proposed budget for the Airport fund.
MOTION PASSED: 3-0
TENTATIVE MOTION by Council Member DuBois seconded by Council Member Filseth to approve the proposed budget for the Stormwater
Management fund.
MOTION PASSED: 3-0
TENTATIVE MOTION by Council Member DuBois, seconded by Council
Member Filseth to approved proposed budget for the Wastewater
Treatment fund.
MOTION PASSED: 3-0
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Finance Committee Special Meeting May 10, 2022
c) Utilities
i) Electric Fund
ii) Fiber Optics Fund
iii) Gas Fund
iv) Wastewater Collection Fund
v) Water Fund
TENTATIVE MOTION by Council Member DuBois seconded by Council
Member Filseth to approve the proposed budget for Utilities Electric
Fund.
MOTION PASSED: 3-0
TENTATIVE MOTION by Member Filseth seconded by Vice Mayor Kou to approve the proposed budget for Utilities Fiber Fund.
MOTION PASSED: 3-0
TENTATIVE MOTION by Council Member DuBois seconded by Council
Member Filseth to approve the proposed budget for Utilities Gas Fund.
MOTION PASSED: 3-0
TENTATIVE MOTION by Council Member DuBois seconded by Council Member Filseth to approve the proposed budget for Utilities Wastewater
Fund.
MOTION PASSED: 3-0
TENTATIVE MOTION by Vice Mayor Kou seconded by Council Member
DuBois to approve the to approved proposed budget for Utilities Water
Fund.
MOTION PASSED: 3-0
d) Sustainability & Climate Action Plan
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Finance Committee Special Meeting May 10, 2022
ACTION: None
The Committee took a break from 1:45 pm and reconvened at 2:00 pm.
4) Public Safety
a) Fire
b) Office of Emergency Services
c) Police
TENTATIVE MOTION by Council Member DuBois seconded by Council
Member Filseth to approve the proposed budget for Fire, Office of
Emergency Services and Police Department Funds.
MOTION PASSED: 3-0
FUTURE MEETINGS AND AGENDAS
ADJOURNMENT The meeting was adjourned at 3:12 PM