Finance Highlights 2007 1016 - Laserfiche WebLink

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• Dedication to government market Accountant II Galvin explained how improved customer service and technology advances can benefit the City. Services such as offering Debit and Credit cards, enhancing on-line banking reports, audit reports, account reconciliation and daily operations, remote deposit, payment collection gateways and electronic payables with rebates are examples of new and improved services banks are now offering. Baloca pointed out the evaluations were based on a 100 point scale. The top two banks ranked the highest in their overall ability to provide better products and services to the City were Wells Fargo and US Bank. It is recommended that the City consider analyzing and evaluating both Wells Fargo and US Bank for final recommendation. Grant wondered if staff had looked into a new community based bank in Oakland. Jermanis explained that the City uses local banks for community based programs such as CDBG loans and that the current RFP was for the City's general banking services. Committee Recommendation The Finance Committee recommends the City Council consider approval of a new general banking services provider. 5. Discussion Regarding City's Shared Funding for Countrywide 211 Telephone Service The 2-1-1 telephone referral service is a nationwide program to provide free 24-hour access to a wide range of human service needs. Jermanis explained San Leandro's share of 2-1-1 service cost is $25,000 and believes that is a reasonable amount for this type of service. Several counties have already begun implementing this program. It is expected that 80 percent of the State will have 2-1-1 available by the end of 2007. Councilmember Starosciak mentioned this program to be very convenient for the public and with the implementation of this line the public will no longer need to tie up the 9-1-1 line for non-emergency issues. Grant asked if the public can dial 2-1-1 from a payphone. Jermanis stated he will confirm if this number can be dialed from a payphone and will report back to City Council. 6. Public Comments Public member Jennifer Lin from East Bay Alliance commented on the Living Wage Ordinance regarding Lessees of financial aid recipients. Ms. Lin stated she had already spoken with Assistant City Manager Hollister to ensure the intention is consistent with financial aid guidelines. For example: Hotel developers; their workers will be covered under the Living Wage Ordinance. Jermanis replied that whether you are the original owner or the successor, the Living Wage Ordinance will take effect and the City will pay close attention to the outcome. 7. Committee Comments None 8. Adjourn 5:20 pm