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HomeMy WebLinkAbout2004-02-17 City Council (3)City of Palo Alto City Manager’s Report TO:HONORABLE CITY COUNCIL FROM:CITY MANAGER DEPARTMENT:ADMINISTRATIVE SERVICES DATE: SUBJECT: FEBRUARY 17, 2004 CMR: 131:04 REVIEW OF COUNCIL’S TOP 5 BUDGET PRIORITIES This is an information item and no Council action is required. BACKGROUND On February 18, 2003, the Council’s Top 5 Priorities and related milestones were discussed and modified for the 2003-05 budget cycle (CMR: 161:03). It was agreed at this meeting that only minor changes to some milestones were needed and the priorities themselves would remain the same. A fmal list of 2003-05 approved milestones were distributed at the meeting of August 4, 2003 (CMR:392:03). The current Top 5 Priorities are: ¯City Finances ¯Infrastructure ¯Affordable Housing ¯Land Use Planning ¯Alternative Transportation/Traffic Calming DISCUSSION This is the second year of a two-year budget cycle. The Council adopted a two-year budget in order to do longer range planning and to save administrative costs in the second year. A two-year or 24 month time span allows the City to focus resources on specific, high priority items that merit the attention a one-year or 12 month budget cannot. In addition, the two-year format allows staff, who would ordinarily devote considerable time to a one-year budget process, to perform other, value added tasks for the City. Staff will return to the Council as part of the budget process with proposed objectives and milestones for the Top 5 Priorities in 2004-05. CMR:131:04 Page 1 of 2 RESOURCE IMPACT As noted in the 2003-05 Adopted Operating Budget document (pp. 51-56), the annual, estimated budget impact related to the Top 5 Priorities is approximately $34.0 million. This amount includes both operating and capital expenses directly tied to making these priorities a reality. Expenses are broken down as follows: ¯City Finances- $0.7 million ¯Infrastructure- $21.9 million ¯Affordable Housing- $1.5 million ¯Land Use Planning- $4.5 million ¯Alternative Transportation/Traffic Calming - $5.4 million ATTACHMENT Attachment 1: The Top 5 Priorities (Oct - Dec 2003) Attachment 2: Cityworks Project Snapshot (Oct 1 -Dec 31, 2003) Attachment 3: Proposed Top 5 Priorities FY 2004-05 PREPARED BY: CHARLES PERL Budget Manager DEPARTMENT APPROVAL: Director, Administration Services CITY MANAGER APPROVAL: HARRISON Assistant City Manager CMR:I 31:04 Page 2 of 2 0 0 UJ 00 0 00 t- O II II r’- 0 0 ~o d 0 -’3 0.,-- 0 0(J L.L II II 0 o O 0.0 o 0 0 0 00 0 "50-~0 r- o 0 2 0 e- c- oo d ~0 f- 0 II II 0(J -r- ~) C~ 0 II II r--.~ o 0 o 0r~ ON E o r" 0N 0 .o ~0~o~) "0 "~0II II 0 0 t- O Z z Eo .£ E "5"5"~0 11 II t- o d 0 0 0 II II II II (J -o Z 09 ~ ATTACHMENT 3 Proposed Top 5 Priorities FY 2004-05 City Finances Develop and implement recommendations from Mayor’s Ad Hoc Economic Base Committee o Develop Auto Dealer Use Policy ¯Continue to contain employee benefit cost, (e.g. Health Care and Retiree Medical) ¯Finalize financing plan for new infrastructure (e.g. Storm Drains, Library, Police Building) ¯Long Range Financial Plan ¯Mayor’s New Retail Committee Infrastructure ¯ Substantially complete or encumber funding for Capital Projects identified in the 2003-04 and 2004-05 CIP Budget ¯Complete procedure for coordinating utilities projects ¯Implement proposal for renovating the Storm Drain System ¯Continue to work with the San Francisquito Creek JPA to initiate Army Corps of Engineers CAP 205 Reconnaissance Study ¯Approve Mayfield agreement with Stanford and approve field complex Affordable Housing ¯Develop plan to retain Terman Apartments as affordable housing ¯Review and approve policy changes to BMR program ¯Approve plan to relocate Alma Street Substation and develop plan for affordable housing Land Use Planning ¯Zoning Ordinance Update - ZOU o Complete individual zone districts )~ Low density residential >" Multi family residential >" Industrial and commercial o Develop form code component for ZOU o Preliminary review of new zone districts Transit Oriented, Village Residential and Mixed-Use ¯Housing Element Implementation ¯Supplemental EIR for Stanford Research Park ¯Hyatt-Rickey’s EIR and Project Review Alternative Transportation/Traffic Calming ¯Funding Charleston-Arastradero Corridor Plan ¯Revise Traffic Calming Policy (Identify six new projects) ¯Traffic Demand Management Plan for Stanford Research Park