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HomeMy WebLinkAbout2022-05-11 Finance Committee Action MinutesFINANCE COMMITTEE ACTION MINUTES 1 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 Special Meeting May 11, 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 2022 May 4 Budget Hearing 2) Community and Library Services a) Community Services MOTION By Council Member DuBois, seconded by Vice Mayor Kou to add to the parking lot funding for Youth Connectedness Initiative and UNAFF Film Festival MOTION PASSED: 3-0 a) Library TENTATIVE MOTION By Council Member DuBois, seconded by Vice Mayor Kou to approve the proposed budgets for Community and Library Services. MOTION PASSED: 3-0 3) Planning and Transportation 2 Finance Committee Special Meeting May 11, 2022 a) Planning and Development Services MOTION By Council Member DuBois, seconded by Vice Mayor Kou to move proposal 7 on page 274 to the parking lot to be revisited by the Council. MOTION PASSED: 3-0 b) Office of Transportation i) Parking Special Revenue Funds TENTATIVE MOTION By Council Member DuBois, seconded by Vice Mayor Kou to approve the proposed Planning and Transportation Budgets with the exclusion of valet for University Avenue. MOTION PASSED: 3-0 The Committee adjourned to a break for lunch at 12:00 The Committee reconvened the meeting at 1:00 pm. 4) FY 2023 Proposed Municipal Fees & Charges TENTATIVE MOTION By Council Member DuBois, seconded by Vice Mayor Kou to approve the FY 2023 Proposed Municipal Fees & Charges. MOTION PASSED: 3-0 5) Infrastructure and Environment a) Utilities: Operating i) Electric Fund ii) Fiber Optics Fund iii) Gas Fund iv) Wastewater Collection Fund v) Water Fund 3 Finance Committee Special Meeting May 11, 2022 TENTATIVE MOTION By Council Member Filseth, seconded by Vice Mayor Kou to approve Utilities Operating Budget including the elements included within the At Places Memo . MOTION PASSED: 3-0 b) Public Works: Operating i) General Fund ii) Airport Fund iii) Refuse Fund iv) Stormwater Management Fund v) Vehicle Replacement Fund vi) Wastewater Treatment Fund TENTATIVE MOTION by Council Member DuBois, seconded by Council Member Filseth to approve the Public Works Operating Budget. MOTION PASSED: 3-0 The Committee adjourned to a break at 2:10 pm. The Committee reconvened the meeting at 2:28 pm 6) Citywide Internal Support and Administration a) Administrative Services (including Printing & Mailing Fund) TENTATIVE MOTION By Council Member DuBois, seconded by Council Member Filseth to approve the Administrative Services Budget. MOTION PASSED: 3-0 4 Finance Committee Special Meeting May 11, 2022 b) Human Resources TENTATIVE MOTION By Council Member Filseth, seconded by Vice Mayor Kou to approve the Human Resources Budget. MOTION PASSED: 3-0 c) Information Technology MOTION By Council Member DuBois, seconded by Council Member Filseth to requested an information report which includes a listing of the major software services MOTION PASSED: 3-0 TENTATIVE MOTION By Council Member DuBois, seconded by Council Member Filseth to approve the Information Technology budget. MOTION PASSED: 3-0 d) City Attorney’s Office TENTATIVE MOTION By Council Member Filseth, seconded by Vice Mayor Kou to approve the City Attorney’s Office budget. MOTION PASSED: 3-0 e) City Auditor’s Office TENTATIVE MOTION By Council Member DuBois, seconded by Council Member Filseth to approve the City Auditor’s Office budget. MOTION PASSED: 3-0 f) City Clerk’s Office TENTATIVE MOTION By Council Member DuBois, seconded by Council Member Filseth to approve the City Clerk’s Office budget. MOTION PASSED: 3-0 5 Finance Committee Special Meeting May 11, 2022 g) City Council TENTATIVE MOTION By Council Member DuBois, seconded by Council Member Filseth to approve the City Council budget. MOTION PASSED: 3-0 h) City Manager’s Office MOTION By Council Member DuBois, seconded by Council Member Filseth re-establish annually the National Citizen’s Survey. MOTION PASSED: 3-0 TENTATIVE MOTION By Council Member DuBois, seconded by Council Member Filseth to approve the City Manager’s Office budget. MOTION PASSED: 3-0 i) Non-Departmental Funds vii) General Benefits Fund viii) Workers Compensation Fund ix) General Liabilities Insurance Program x) Retiree Health Benefit Fund xi) Debt Service Fund MOTION By Council Member DuBois, seconded by Vice Mayor Kou to approve the approved pension discount rate as is, but when presented to Council proposed the transition to the 5.3 discount rate and transfer the 1.3 to the 115 trust be presented for approval. MOTION PASSED: 3-0 6 Finance Committee Special Meeting May 11, 2022 TENTATIVE MOTION By Council Member DuBois, seconded by Council Member Filseth to approve the remaining Non departmental funds. MOTION PASSED: 3-0 FUTURE MEETINGS AND AGENDAS ADJOURNMENT The meeting was adjourned at 5:28 pm.