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.' Minutes - City of San Leandro City Council and San Leandro Economic Development Agency Joint Meeting - October 2, 2000 Page 4 The City Manager, in response to the speakers, indicated that it would take a Parcel Tax of $150.00 per year per parcel to replace the Real Property Transfer Tax Income; that the City is looking at implementing reductions in the Real Property Transfer Tax; that the City's Audit Report is available at City Hall and at the libraries; that the Boys and Girls Club land is owned by the City and that no property taxes are paid, but the building is owned by the Boys & Girls Club. He indicated that what is proposed is that the Boys and Girls Club resume full responsibilities for operation of the pool. Lastly, he indicated that there have been reductions made to non-profit organizations in the Alternate Budget, as well as community-based organizations. Vice Mayor Glaze commented that San Leandro has the lowest property tax in Alameda County. He further clarified that the Real Property Transfer Tax does not go on the property tax rolls. He pointed out that the Real Property Transfer Tax, compared to other taxes, is least punitive on seniors and the general populous. Council Member Nardine requested and the City Manager explained why employee's salaries are not something being considered for reduction, noting meet and confer issues is one reason, as well as the ability to remain competitive with other agencies. The City Manager further explained the recent fee study that was done and the various subsidies that are in place. Council Member Grant commented on Measure "G" which will be on the November Ballot and encouraged the community to vote NO. Council Member Loeffler acknowledged staff's efforts to make this an understandable Alternate Budget for everyone. He indicated that he sees this as a serious crossroads and that this issue touches the lives of everyone in our community. Council Member Galvan commented that if there is a silver lining in all of this, it is that the people are taking an active interest in the City's budget. He indicated there is a need for the City to do some visioning. He further stated that San Leandro has the lowest property tax rate in the County, and that the Real Property Transfer Tax was put in place to try to offset that shortfall. He added that a parcel tax would be steadier, but he is not in favor of taking the Real Property Transfer Tax away until it is replaced by a parcel tax. Council Member Nardine commented on how difficult this time has been for all involved and the pressure there has been on the City Council and City employees. The Mayor commented that in her opinion, removing the Real Property Transfer Tax without the participation of the City Council and the community to address how to replace those funds is punitive. She recalled the effect that the repeal of the